Historic Six-Unit Apartment
For Sale
$2,795,000
816 Wesley Ave, Ocean City, NJ 08226
MULTI-FAMILY, Ocean City, NJ
Property Size5,600 SF
Price / SF$499.11
Days on Market103
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
Forced Air, Hot Water(Heating), Natural Gas
Cooling system
Ceiling Fan(s), Central Air
Water source
Public
Amenities
wraparound front porch
paved patio
enclosed outdoor shower
Building Details
Number of units
6
Listing Agency:
BHHS FOX and ROACH-Simpson OC
(609) 399-0041
Listed By:
MICHAEL G CONTINO · License #0338620
(609) 335-9100
Added: May 22
Changed: Aug 22
Last Checked: Sep 1 at 11:06PM
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.
Constructed in 1891 and restored in 2019, this multifamily property contains more than 5,600 square feet across a six-unit configuration. The primary residence includes 6 bedrooms and 3.5 baths, along with a kitchen, dining room, parlor, office, wraparound porch, and historic interior details. Five additional apartments provide a varied mix: a 1-bedroom, 1-bath rear duplex unit; a 3-bedroom, 1.5-bath rear duplex unit; a 2-bedroom, 1-bath apartment; a 1-bedroom, 1-bath apartment; and an efficiency unit.
Property improvements include remodeled bathrooms, stainless steel kitchen appliances, granite countertops, newer windows, all-new electric, a tankless water heater, central air, natural-gas heating, and a paved outdoor entertaining area. The site also includes a 2-car paver driveway, enclosed outdoor shower, public water, and public sewer. Located at 816 Wesley Ave in Ocean City, the property is near the beach, boardwalk, and downtown.
Property improvements include remodeled bathrooms, stainless steel kitchen appliances, granite countertops, newer windows, all-new electric, a tankless water heater, central air, natural-gas heating, and a paved outdoor entertaining area. The site also includes a 2-car paver driveway, enclosed outdoor shower, public water, and public sewer. Located at 816 Wesley Ave in Ocean City, the property is near the beach, boardwalk, and downtown.
Key Highlights
- 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
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Multi-tenant
Tenancy
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Restored multifamily property combines a primary residence with five additional apartments and public water and sewer.
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: 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
