3,372 SqFt
3,372 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,372 sqft
Price per Sqft $1,015
Subdivision None Available
MLS Listing ID NJCM2008114
Style Coastal
Abv Grd Liv Area 3,372
Year Built 2017
Annual Tax Amount $15,512
Tax Year 2024
Lot Size 4,800 Sqft
Acres 0.11
Lot Dimensions 40.00 x 0.00
Property Sub-Type Duplex
Source BRIGHT
Property Description
Welcome to 840 & 842 Wesley Avenue, an incredible opportunity to own both units of this beautifully maintained, 2017-built duplex in the heart of downtown Ocean City, NJ.
Offering a combined 10 bedrooms, 6 full bathrooms, plus additional ground-level recreation space, this property is perfectly positioned as a high-performing investment, large family compound, or a combination of both.
These properties have an outstanding and proven rental history, consistently generating strong annual income year after year. Even better, 2027 rentals are already over $127,000 on the books, giving the new owner the opportunity to step into an established rental business with significant future income already secured.
Each unit features 5 bedrooms and 3 full baths, spacious living areas, outdoor space, private ground-level outdoor showers, and thoughtful amenities designed specifically with the Ocean City vacationer in mind.
The first-floor unit at 840 Wesley includes a bonus ground-level cabana room that has been transformed into the perfect additional hangout space with games and TV. It also offers two private outdoor areas, including a front patio and another off the primary bedroom.
The second-floor unit at 842 Wesley offers additional ground-level recreation space and the convenience of a private elevator from the ground level to the second floor. Once inside, the spacious single-level layout makes the unit especially convenient for guests. The property also features multiple decks, generous sleeping accommodations, and plenty of room for larger families and groups.
One of the most unique advantages of owning both units is the ability to use or rent them individually or together, creating tremendous flexibility for large family gatherings, reunions, multi-generational vacations, and larger rental groups.
Parking has also been enhanced with additional stone added to increase capacity—an extremely valuable feature in downtown Ocean City.
Both units are being offered fully furnished, less personal items, and include many of the extras vacationers appreciate, such as beach chairs, boogie boards, beach carts, bicycles, BBQ grills, and more.
Located just blocks from the beach, Boardwalk, downtown Asbury Avenue shopping, restaurants, entertainment, and everything Ocean City has to offer, this is a truly turnkey opportunity.
Whether you are looking for a substantial income-producing investment, a family compound at the Shore, or the flexibility to use one unit while renting the other, 840 & 842 Wesley Avenue offers possibilities that are extremely difficult to duplicate.
Two units. 10 bedrooms. 6 bathrooms. Proven rental history. Over $127,000 already booked for 2027.
Take over and start collecting the income!
This is a rare downtown Ocean City investment opportunity—schedule your private showing today!
Location
State NJ
County Cape May
Area Ocean City City (20508)
Zoning RESIDENTIAL
Interior
Hot Water Natural Gas
Cooling Central A/C
Fireplaces Number 1
Furnishings Yes
Fireplace Y
Heat Source Natural Gas
Exterior
Parking Features Other
Garage Spaces 5.0
Water Access N
Accessibility None
Total Parking Spaces 5
Garage Y
Private Pool No
Building
Above Ground Finished SqFt 3372
Sewer Public Sewer
Water Public
Architectural Style Coastal
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Ocean City Schools
Others
Senior Community No
Tax ID NO TAX RECORD
Ownership Fee Simple
SqFt Source 3372
Special Listing Condition Standard
Nearby Locations
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Agent License ID: 0787303
129 CHESTER AVE., MOORESTOWN, Jersey 08057, United States