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sales rep | Brivity IDX

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840 840-842 Wesley Ave , Ocean City, NJ 08226
$3,425,000
Est. Payment: $18,495.04/mo
3372 Sqft
0.11 Acres
Status: active | Days on site: 20
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House Description

RARE OPPORTUNITY TO OWN THE ENTIRE DUPLEX — 2027 RENTALS ALREADY OVER $136,000 ON THE BOOKS! 2026= Over $232,000 in rentals 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 $136,000 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 $232,000already booked for 2026. Take over and start collecting the income! This is a rare downtown Ocean City investment opportunity—schedule your private showing today!

Highlights

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

Property Type

Multi-Family

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

NJCM2008114

Questions about this listing?

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Interior Features

Air Cond:Central A/C
Fireplaces:1 Fireplace
Above Ground Sq Ft:3372
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Lot Dimensions:40.00 x 0.00
Garage Capacity:5
Zoning:RESIDENTIAL
Sewer:Public Sewer
Parking Features:Driveway,Parking Garage,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Principal Interest
$18,495
Taxes
$1,293

Home Price

$3,425,000

Loan Details

30 yrs
7.144%

Down Payment

20%
$685,000
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:
$18,495.04

Principal

Taxes

Principal Taxes HOA Total
Monthly $18,495.04 $1,292.67 $0.00 $19,787.71
Yearly $221,940.47 $15,512.00 $0.00 $237,452.47
Total $6,658,214.09 $465,360.00 $0.00 $7,123,574.09
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.

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Data last updated: 2026-11-14T01:13:51.000Z

© 2026 Bright MLS