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sales rep | Brivity IDX

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842 Wesley Ave , Ocean City, NJ 08226
$1,775,000
Est. Payment: $9,585.02/mo
5 Bed
3 Bath
1722 Sqft
0.11 Acres
Status: active | Days on site: 20
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54908 - 3249104
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House Description

2027 RENTALS already over $80K on the books !! Check out this gorgeous 2017-built, first-floor rental machine at 840 Wesley Ave in the heart of downtown Ocean City, NJ! With OVER $121,000 already on the books for 2026 (and more reservations to come), this property offers a true turnkey investment ready for its new owners. This home has consistently produced $112K-114K+ in annual rental income for the past 7 years—a proven performer in one of Ocean City’s most desirable locations. This 5-bedroom, 3-bath condo also features a bonus downstairs cabana room, thoughtfully converted into the perfect hangout space for games.—giving everyone plenty of room to spread out and enjoy. You’ll love the two private patios—one in the front and another off the primary bedroom for a little peace and quiet. Plus, there’s a unique outdoor private shower on the ground level with plenty of space to rinse off the sand before heading inside. Another smart added amenity: additional stone added to the driveway to increase parking capacity—because extra parking in Ocean City is always a win. Everything has been thoughtfully designed for maximum comfort, convenience, and rental performance. Offered fully furnished and loaded with extras that make vacations effortless, including beach chairs, boogie boards, beach carts, bicycles, and a BBQ grill. Just take over and start collecting the income. This GEM won’t last—schedule your appointment today!

Highlights

Listed by Melissa Nallen , 8563710533 Realty Mark Advantage , 8564574900. Bright MLS

Property Type

Residential

Lot/Acreage
0.11

Year Built

2017

County

Cape May

Area

Ocean City City (20508)

Neighborhood

None Available

School District

Ocean City Schools

Listing ID

NJCM2007970

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:5
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:3
Air Cond:Central A/C
Fireplaces:1 Fireplace
Above Ground Sq Ft:1722
Other:
  • ▪ Main Floor Bedrooms:5
  • ▪ Additional:No Pet Restrictions, Pets Allowed
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Lot Dimensions:40.00 x 0.00
Garage Capacity:2
Zoning:RESIDENTIAL
Sewer:Public Sewer
Parking Features:Garage - Rear Entry,Driveway,Parking Garage,2+ Spaces,1+ Spaces
Principal Interest
$9,585
Taxes
$687

Home Price

$1,775,000

Loan Details

30 yrs
7.144%

Down Payment

20%
$355,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$9,585.02

Principal

Taxes

Principal Taxes HOA Total
Monthly $9,585.02 $687.00 $0.00 $10,272.02
Yearly $115,020.24 $8,244.00 $0.00 $123,264.24
Total $3,450,607.30 $247,320.00 $0.00 $3,697,927.30
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Ocean City, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-13T23:12:42.000Z

© 2026 Bright MLS