$ 1,795,000
-
$1,795,000
Price -
5
Bed -
3
Bath -
1,722
SqFt
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About the Listing 54908 - 3249104
Consistently producing $115,000+ in annual rental income (2024: $124,000)—this is a true turnkey investment for the savvy buyer looking for a well-oiled rental machine. Already over $100,000 on the books for 2026! This beautiful second-floor (top-floor) property is ideally located at the corner of 9th & Wesley Avenue in the heart of Ocean City, NJ, just a short walk to the beach, boardwalk, and downtown. Offering 5BR/3BA and over 1,700 sq ft on the main living level, plus an additional 300+ sq ft entry-level recreation area—perfect for extra lounging and entertaining. A private elevator (serving the 2nd-floor unit only) provides added convenience and handicap-friendly access, with no steps once inside the unit. The layout is designed for comfort and groups with two primary suites (King & Queen), an additional Queen bedroom with balcony, plus two bedrooms with full-over-full bunk beds. The entry level features a full-size futon and a TV/foosball/game room. Enjoy a 55” TV in the family room, a 50” TV in the game room, and TVs in every bedroom. Outdoor living shines with a canopy-covered front deck off the living area (canopy removed in winter months), added privacy/sun shade on the north side of the awning, a rear deck off the primary, and a balcony off Bedroom 5. Additional highlights include keyless entry and off-street parking for 3 cars (1 garage + 2 driveway). Just minutes to the 9th Street beach/boardwalk, the Music Pier, and all the shopping and dining along Asbury Avenue. Schedule your private tour today!!
Listing Highlights
Status
Active
Days on Site
30
Property Type
Condo
MLS ®
NJCM2006786
Year Built
2017
Total Square Footage
1,722
Lot/Acreage
40.00 x 0.00
Interior Details
- Bedrooms: 5
- Bathrooms: 3 Full
- Appliances:
- Air Cond: Central A/C
- Heating: 90% Forced Air
- Fireplaces: 1, 1 Fireplace
- Floor:
- Above Ground Sq Ft: 1722
- Below Ground Sq Ft: 0
- Basement:
- Other: No Pet Restrictions,Pets Allowed
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: 2 car
- Parking Spaces: 4
- Lot Dimensions: 40.00 x 0.00
- Zoning: RESIDENTIAL
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Driveway,Parking Garage,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $8,244
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
842 Wesley Ave Ocean City, NJ 08226
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