Historic Multifamily Victorian
816 Wesley Ave Ocean City, NJ 08226
816 Wesley Ave, Ocean City, NJ, 08226
$2,995,000
For Sale
$2,995,000
MULTI_FAMILY - Ocean City, NJ
Property Size5,600 SF
Price / SF$534.82
Days on Market58
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
- Standard status
- Active
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6777
Utilities
- Sewer type
- Public Sewer
- Heating system
- Hot Water(Heating), Forced Air, Natural Gas
- Cooling system
- Ceiling Fan(s), Central Air
- Water source
- Public
Building Details
- Number of units
- 6
Listing Agency
BHHS FOX and ROACH-Simpson OC
(609) 399-0041
901 SIMPSON, SUITE A, NJ
Listed by
MICHAEL G CONTINO · License #0338620
(609) 335-9100
Added: May 22 Checked: Jul 18 at 11:06 am
MLS# 608134
Listing URL
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.
Built in 1891, The Painted Lady is a restored Victorian-style main residence offered as a multifamily property. The main home features 6 bedrooms, 3.5 baths, and historic interior details including extensive woodwork, original fixtures, a grand staircase, hardwood floors, glass doorknobs, and classic switch plates. Updates include an eat-in kitchen with stainless steel appliances, granite countertops, and a large center island, along with remodeled baths and gas hot water baseboard heat. The property also includes a wraparound front porch, a paved patio with shaded outdoor entertaining space, and a 2-car paver driveway with an enclosed outdoor shower.
The listing describes the property as being just moments from the beach, boardwalk, and downtown.
In addition to the main home, the property includes five additional apartments: a rear duplex (G1, 1 bedroom/1 bath and G2, 3 bedrooms/1.5 baths) plus Apartments A (2 bedrooms/1 bath), B (1 bedroom/1 bath), and C (efficiency unit). The remarks note attached current rental information for all six units and report potential seasonal rental income exceeding $150,000 annually.
The listing describes the property as being just moments from the beach, boardwalk, and downtown.
In addition to the main home, the property includes five additional apartments: a rear duplex (G1, 1 bedroom/1 bath and G2, 3 bedrooms/1.5 baths) plus Apartments A (2 bedrooms/1 bath), B (1 bedroom/1 bath), and C (efficiency unit). The remarks note attached current rental information for all six units and report potential seasonal rental income exceeding $150,000 annually.
Key Highlights
- Built in 1891 and restored in 2019, The Painted Lady (Thomas S. Simmons House) offers 5,600+ SF with 6 bedrooms and 3.5 baths.
- Includes 5 additional apartments: Rear Duplex G1 (1/1), G2 (3/1.5), Apartment A (2/1), Apartment B (1/1), and Apartment C (efficiency).
- Potential seasonal rental income exceeds $150,000 annually (current rental info attached for all six units).
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
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FAQs
What type of property is this?
Apartment building - Six-unit property with a restored Victorian main home plus five additional apartments.
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 and restored in 2019, The Painted Lady (Thomas S. Simmons House) offers 5,600+ SF with 6 bedrooms and 3.5 baths.; Includes 5 additional apartments: Rear Duplex G1 (1/1), G2 (3/1.5), Apartment A (2/1), Apartment B (1/1), and Apartment C (efficiency).; Potential seasonal rental income exceeds $150,000 annually (current rental info attached for all six units).
