Apartment Building

Ocean City, NJ Apartment Buildings for Sale

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Historic Six-Unit Apartment Building
Updated: May 22
Historic Six-Unit Apartment Building

816 Wesley Ave, Ocean City, NJ 08226

$2,795,000
1891 construction with restoration completed in 2019
Over 5,600 square feet configured as six units
Primary residence includes 6 bedrooms and 3.5 baths
Five additional apartments include 1‑bedroom, 2‑bedroom, 3‑bedroom, and efficiency layouts
2‑car paver driveway, paved patio, wraparound porch, and enclosed outdoor shower
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Restored Historic Apartment Building
Updated: Sep 1
Restored Historic Apartment Building

816 Wesley Ave, Ocean City, NJ 08226

$2,795,000
5,694 sqft
5,694‑square‑foot property built in 1891 and restored in 2019
Six total units: principal residence plus five additional apartments
Main home includes 6 bedrooms and 3.5 baths
Five apartments include a duplex, two 1‑bedroom units, a 2‑bedroom unit, and an efficiency unit
Updated electric, newer windows, gas hot water baseboard heat, and tankless water heater
View details
Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 30 Potential Opportunities for your consideration. Besides 2 Active listings in Ocean City, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 24 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

8-Unit Apartment Building
8-Unit Apartment Building

14 N Providence Ave, Atlantic City, NJ 08401

$958,000

Fully occupied apartment property with separately metered electricity and a documented state inspection history.

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Beach Block Apartment Buildings
Beach Block Apartment Buildings

110 S Lincoln Place, Atlantic City, NJ 08401

Contact for pricing

Two apartment buildings offer a total of 24 units, each located beach block on S Lincoln Place.

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Mixed-Use Apartment Building
Mixed-Use Apartment Building

3818 Ventnor Ave, Atlantic City, NJ 08401

Contact for pricing

A 13-unit apartment building with a renovated, income-producing commercial storefront.

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6-Unit Apartment Property with Boat Slips
6-Unit Apartment Property with Boat Slips

58-60 N Trenton Ave, Atlantic City, NJ 08401

Contact for pricing

Fully leased multifamily property with deep-water harbor access, dock improvements, and a location near the boardwalk, beach, and university.

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Off-Market Properties in Ocean City, NJ

Consider similar Off-Market properties in Ocean City, NJ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

917-19 5th St, Unit 19
APARTMENT HOUSE (UNDER 5 UNITS)

917-19 5th St, Ocean City, NJ 08226-3944

Unit 19
$1,230,000
Estimated value
999,999 sqft 0.09 AC lot
View details
1420 Central Ave
APARTMENT HOUSE (UNDER 5 UNITS)

1420 Central Ave, Ocean City, NJ 08226-3166

$1,580,000
Estimated value
3,216 sqft 0.05 AC lot
View details
804 Wesley Ave
APARTMENT HOUSE (UNDER 5 UNITS)

804 Wesley Ave, Ocean City, NJ 08226-3637

$285,000
Estimated value
0.14 AC lot
View details
724 Ocean Ave
APARTMENT HOUSE (UNDER 5 UNITS)

724 Ocean Ave, Ocean City, NJ 08226-3749

$3,835,000
Estimated value
11,844 sqft 0.33 AC lot
View details
825 Atlantic Ave
APARTMENT HOUSE (UNDER 5 UNITS)

825 Atlantic Ave, Ocean City, NJ 08226-3690

$1,845,000
Estimated value
4,478 sqft 0.09 AC lot
View details
341 Central Ave
APARTMENT HOUSE (UNDER 5 UNITS)

341 Central Ave, Ocean City, NJ 08226-4086

$900,000
Estimated value
3,493 sqft 0.09 AC lot
View details
819 Moorlyn Ter
APARTMENT HOUSE (UNDER 5 UNITS)

819 Moorlyn Ter, Ocean City, NJ 08226-3618

$1,090,000
Estimated value
999,999 sqft 0.17 AC lot
View details
637 Wesley Ave
APARTMENT HOUSE (UNDER 5 UNITS)

637 Wesley Ave, Ocean City, NJ 08226-3855

$815,000
Estimated value
4,936 sqft 0.07 AC lot
View details
1600th Asbury Avef
APARTMENT HOUSE (UNDER 5 UNITS)

1600th Asbury Avef, Ocean City, NJ 08226-3030

$875,000
Estimated value
5,344 sqft 0.13 AC lot
View details
424 Wesley Ave
APARTMENT HOUSE (UNDER 5 UNITS)

424 Wesley Ave, Ocean City, NJ 08226-3962

$280,000
Estimated value
4,470 sqft 0.07 AC lot
View details
1100 Ocean Ave
APARTMENT HOUSE (UNDER 5 UNITS)

1100 Ocean Ave, Ocean City, NJ 08226-3344

$1,440,000
Estimated value
12,229 sqft 0.16 AC lot
View details
706 Wesley Ave
APARTMENT HOUSE (UNDER 5 UNITS)

706 Wesley Ave, Ocean City, NJ 08226-3732

$260,000
Estimated value
0.10 AC lot
View details
418 Ocean Ave
APARTMENT HOUSE (UNDER 5 UNITS)

418 Ocean Ave, Ocean City, NJ 08226-3685

$305,000
Estimated value
5,652 sqft 0.16 AC lot
View details
1421 Ocean Ave
APARTMENT HOUSE (UNDER 5 UNITS)

1421 Ocean Ave, Ocean City, NJ 08226-3118

$330,000
Estimated value
0.26 AC lot
View details
222 Ocean Ave
APARTMENT HOUSE (UNDER 5 UNITS)

222 Ocean Ave, Ocean City, NJ 08226-4160

$245,000
Estimated value
3,080 sqft 0.09 AC lot
View details
814 6th St
APARTMENT HOUSE (UNDER 5 UNITS)

814 6th St, Ocean City, NJ 08226-3873

$245,000
Estimated value
1,204 sqft 0.07 AC lot
View details
638 Wesley Ave
APARTMENT HOUSE (UNDER 5 UNITS)

638 Wesley Ave, Ocean City, NJ 08226-3801

$250,000
Estimated value
0.10 AC lot
View details
416 Central Ave
APARTMENT HOUSE (UNDER 5 UNITS)

416 Central Ave, Ocean City, NJ 08226-3956

$670,000
Estimated value
3,552 sqft 0.09 AC lot
View details
15th On Simpson
APARTMENT HOUSE (UNDER 5 UNITS)

15th On Simpson, Ocean City, NJ 08226

$445,000
Estimated value
1.19 AC lot
View details
1606 Simpson Ave
APARTMENT HOUSE (UNDER 5 UNITS)

1606 Simpson Ave, Ocean City, NJ 08226

$240,000
Estimated value
0.24 AC lot
View details
300 Ocean Ave
APARTMENT HOUSE (UNDER 5 UNITS)

300 Ocean Ave, Ocean City, NJ 08226-4075

$565,000
Estimated value
0.93 AC lot
View details
811 Wesley Ave
APARTMENT HOUSE (UNDER 5 UNITS)

811 Wesley Ave, Ocean City, NJ 08226-4270

$720,000
Estimated value
4,982 sqft 0.08 AC lot
View details

Ocean City, NJ Apartment Buildings Market Trends and Statistics

Explore 26 apartment buildings for sale in Ocean City, NJ on our real estate platform. These investment opportunities span a total of 5,694 square feet of properties for sale, with an estimated market value of $5,590,000.

Sale prices for two-family homes in Ocean City, NJ average $2,795,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 11K
Population Growth (5Y) +0.5%
Median Household Income $101,782
College Educated 78.7%

High-Yield Neighborhoods for Investment

Identify Ocean City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
08226 $2.8M

Taxes & Financing

Tax Rate (average for all types) 1.04%
Property Tax per SF $2.93 per SF
Tax Rate vs County Average 0.59 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cape May County

New Delisted

Total CRE Inventory on Market (SF)

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