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Victorian Six-Unit Apartment Building with Porch
For Sale
$2,995,000

816 Wesley Ave, Ocean City, NJ 08226

MULTI_FAMILY - Ocean City, NJ

Property SizeContact for details
Days on Market77

Property Features for 816 Wesley Ave

General Information

Property type Residential Multi Family
Property subtype Other
Rooms Dining Room, Laundry Room
Exterior features Curbs, Handicap Access, Sidewalks, Sprinkler System
Accessibility Accessible Approach with Ramp
Appliances Dryer, Gas Stove, Refrigerator, Self Cleaning Oven, Washer
Lot features Boardwalk Area
Directions Located at 8th & Wesley.
Subdivision Ocean City/Central
Standard status Active

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6777

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Hot Water(Heating), Forced Air
Cooling system Ceiling Fan(s), Central Air
Water source Public

Amenities

wra

Building Details

Number of units 6
Listing Agency: BHHS FOX and ROACH-Simpson OC
Listed By: MICHAEL G CONTINO · License #0338620
Added: May 22 Changed: Aug 2 Last Checked: Aug 6 at 4:06AM
MLS# 608134

Copyright © 2026 South Jersey Shore Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

816 Wesley Ave presents a distinctive Victorian six-unit apartment building, known as The Painted Lady and also referred to as The Thomas S. Simmons House. Built in 1891 and restored in 2019, the main home offers over 5,600 square feet with 6 bedrooms and 3.5 baths, plus a formal entry featuring original vintage details such as extensive woodwork, a grand staircase, and hardwood floors. The interior also includes an updated eat-in kitchen with stainless steel appliances and granite countertops, a formal dining room, a parlor with piano, an office, and remodeled baths with custom tile and glass-enclosed showers.

The property is equipped with gas hot water baseboard heat, natural gas forced air, central air, ceiling fans, a tankless water heater, and all-new electric, along with newer windows. Exterior features include a wraparound front porch, a paved patio for outdoor entertaining, a 2-car paver driveway, and an enclosed outdoor shower. An accessible approach with a ramp supports handicap access, and the site includes public water and public sewer.

In addition to the main home, the listing includes five additional apartments: Rear Duplex G1 (1 bed, 1 bath), G2 (3 beds, 1.5 baths), Apartment A (2 beds, 1 bath), Apartment B (1 bed, 1 bath), and Apartment C (efficiency unit).

Key Highlights

  • Built in 1891; restored in 2019 Victorian six‑unit apartment building at 816 Wesley Ave
  • Main home: over 5,600 SF with 6 bedrooms and 3.5 baths
  • Wraparound front porch plus paved patio, 2‑car paver driveway, and enclosed outdoor shower

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Auto Parts Store Grocery & Convenience Store Garden Center Catering Service Home Appliance Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

226
Businesses Nearby

Demographics for 08226, NJ

11,229
Population
20,905
Households
0.5
Avg Household Size
57
Median Age
55%
College-Educated
97%
High-School Grad
6.8 sq mi
ZIP Area
1,651
Density / Sq Mi
$101,782
Median Household Income
$54,323
Median Earnings
$1,670
Median Rent
$719,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Victorian six-unit apartment building built in 1891 and restored in 2019, with a wraparound front porch and modern utilities.
Where is this apartment building located?
The property is located at 816 Wesley Ave Ocean City, NJ.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: Built in 1891; restored in 2019 Victorian six‑unit apartment building at 816 Wesley Ave; Main home: over 5,600 SF with 6 bedrooms and 3.5 baths; Wraparound front porch plus paved patio, 2‑car paver driveway, and enclosed outdoor shower
More about this property
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