Restored Historic Apartment
New
For Sale
$2,795,000
816 Wesley Ave, Ocean City, NJ 08226
Historic income property combines a primary residence with five additional apartments, updated systems, and outdoor entertaining space.
Property Size5,694 SF
Price / SF$490.87
Days on Market2
Property Features for 816 Wesley Ave
General Information
Standard status
Active
Size
5,694 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Units
Unit Mix
1 x 6BR/3.5BA main home, 1 x 1BR/1BA, 1 x 3BR/1.5BA, 1 x 2BR/1BA, 1 x 1BR/1BA, 1 x efficiency
Multifamily Units
6
Amenities
wraparound front porch
paved patio
enclosed outdoor shower
Building Details
Year Built
1891
Year Renovated
2019
Construction
Victorian
Listing Agency:
BHHS FOX and ROACH-Simpson OC
Listed By:
MICHAEL G CONTINO, MICHAEL C CONTINO · License #0338620
(609) 335-9100
Source:
Southjerseyshorehomesfinder
Added: Sep 1
Changed: Sep 2
Last Checked: Sep 2 at 2:20AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BHHS FOX and ROACH-Simpson OC
Investment Insights
Based on property information with market context.
Built in 1891 and restored in 2019, this 5,694-square-foot historic property includes a principal residence plus five additional apartments. The main home has six bedrooms, 3.5 baths, a formal dining room, parlor, office, eat-in kitchen, remodeled baths, extensive woodwork, original fixtures, hardwood floors, and a wraparound front porch. Updated features include all-new electric, newer windows, gas hot water baseboard heat, and a tankless water heater.
The apartment component includes Rear Duplex G1 with 1 bedroom and 1 bath, G2 with 3 bedrooms and 1.5 baths, Apartment A with 2 bedrooms and 1 bath, Apartment B with 1 bedroom and 1 bath, and Apartment C, an efficiency unit. Exterior amenities include a paved patio, 2-car paver driveway, shaded entertaining area, and enclosed outdoor shower. The property is near Ocean City's beach, boardwalk, and downtown.
The apartment component includes Rear Duplex G1 with 1 bedroom and 1 bath, G2 with 3 bedrooms and 1.5 baths, Apartment A with 2 bedrooms and 1 bath, Apartment B with 1 bedroom and 1 bath, and Apartment C, an efficiency unit. Exterior amenities include a paved patio, 2-car paver driveway, shaded entertaining area, and enclosed outdoor shower. The property is near Ocean City's beach, boardwalk, and downtown.
Key Highlights
- 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
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
1,607
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Historic income property combines a primary residence with five additional apartments, updated systems, and outdoor entertaining space.
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 $2,795,000.
What are key features of this property?
This property features: 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
