BEDS5
BATHS3 full
SQUARE FEET1,722
MLS#NJCM2006786
STATUSACTIVE
PROPERTY TYPEResidential - Condominium
SCHOOLOCEAN CITY SCHOOLS
Property Description
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!!
Property Features
Property Type: Residential - Condominium
Cooling: Central A/C
Fireplaces: 1
Fuel Type: Natural Gas
Garage: 2
Heating: 90% Forced Air
Home Style: Coastal
Stories: 2.0
Taxes: $8,244
Year Built: 2017
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Condo/Coop Fee: $0.00/Annually
Days on Site: 10
Exterior: Brick Veneer, Vinyl Siding
Municipality: OCEAN CITY CITY
Number of Rooms: 11
Parking Notes: 4 Total Parking Spaces
Pet Restrictions: No Pet Restrictions
Rooms: Bedroom 2,Bedroom 3,Bedroom 4,Bedroom 5,Kitchen, Game Room, Bedroom 1,Great Room, Bathroom 2,Bathroom 3,Full Bath
Sewer: Public Sewer
SQFT Above Finished: 1722
SQFT Total Finished: 1722
Structure Type: Other
Total Garage/Parking Spaces: 4
Water: Public
Local Schools
School District: OCEAN CITY SCHOOLS
Listed By / Shown By
Listed By
Agency Name: Realty Mark Advantage
Agency Phone: 8564574900
Agent Name: Melissa Nallen
Estimate Your Payment
Estimated Payment
$ 5,205.43 per month $3,994.89 Principal & Interest $687.00 Property Tax $523.54 Homeowner's InsuranceChange Payment Information
842 Wesley Avenue | MLS# NJCM2006786
This condo located at 842 Wesley Avenue, Ocean City, NJ 08226 is currently listed for sale by Realty Mark Advantage, with an asking price of $1,795,000. This property was built in 2017 and has 5 bedrooms and 3 full baths with 1722 sq. ft. Wesley Avenue is located within the OCEAN CITY SCHOOLS school district. Search Ocean City real estate on www.realtymark.net today.