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Oceanfront Two-Unit Duplex
New
For Sale
$15,000,000

2904-06 Wesley Ave, Ocean City, NJ 08226

MULTI-FAMILY, Ocean City, NJ

Property SizeContact for details
Days on Market4

Property Features for 2904-06 Wesley Ave

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Rooms Dining Room, Family Room
Spa 1
Patio and Porch features Deck
Exterior features Beach Access, In Ground Pool, Deck, Fenced Yard, Ocean View, Whirlpool/Spa
Fencing Fenced
Appliances Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
Lot features Ocean Front, Water View
Directions 29th & Wesley Alley
Subdivision Ocean City/Gold Coast
Standard status Active

Taxes and HOA fees

Tax Annual Amount 2026

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Ceiling Fan(s), Central Air
Water source Public
Water front 1

Amenities

private pool
fenced in yard
elevator
garage parking
covered decks
uncovered decks
rooftop deck
hot tub

Building Details

Number of units 2
Listing Agency: GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
Listed By: PETER MADDEN · License #0457059
Added: Oct 12 Last Checked: Oct 15 at 4:06AM
MLS# 612809

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.

This under-construction duplex comprises two oceanfront residences. The first-floor home has 5 bedrooms and 5.5 baths; the second-floor home has 5 bedrooms and 6 baths. Both include open living and dining areas, ensuite bedrooms, an elevator, garage parking, and covered and uncovered decks. Each residence also has a private pool and fenced yard. A rooftop deck with a hot tub is part of the property.

Ocean views and beach access are among the property's exterior features. Public water and public sewer serve the property.

Key Highlights

  • Two oceanfront residences, each with 5 bedrooms
  • First‑floor residence has 5.5 baths; second‑floor residence has 6 baths
  • Private pool and fenced yard for each residence

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Hair Salon Spa & Massage Center Building Supply Dental Office Law Firm Auto Repair Shop

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

Lease Details

2
Residential units

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - Two under-construction residences feature private pools, elevator access, garage parking, and outdoor spaces facing the ocean.
Where is this duplex located?
The property is located at 2904-06 Wesley Ave Ocean City, NJ.
What is the asking price?
The asking price for this property is $15,000,000.
What are key features of this property?
This property features: Two oceanfront residences, each with 5 bedrooms; First‑floor residence has 5.5 baths; second‑floor residence has 6 baths; Private pool and fenced yard for each residence
More about this property
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