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Furnished Two-Unit Duplex
For Sale
$3,425,000

840-842 Wesley Ave, Ocean City, NJ 08226

Two separately usable residences can also be combined for larger groups or family gatherings.

Property Size3,372 SF
Price / SF$1,015
Days on Market17

Property Features for 840-842 Wesley Ave

General Information

Standard status Active
Size 3,372 SF
Property subtype Multi-Family

Additional Details

Gross Income $232,000

Amenities

private outdoor showers
multiple decks
cabana room
private elevator

Building Details

Year Built 2017
Buildings 1
Tenancy Multi
Listing Agency: Realty Mark Advantage
Listed By: Melissa Nallen · License #1757914
Source: Searchhomesinbuckscounty
Added: Oct 11 Changed: Oct 25 Last Checked: Oct 26 at 4:29PM

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 Realty Mark Advantage

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Investment Insights

Based on property information with market context.

This 2017-built duplex contains 3,372 square feet across two furnished residences, each with five bedrooms and three full bathrooms. Both units include living areas, outdoor space, and ground-level recreation areas. The first-floor residence has a cabana room, a front patio, and a separate outdoor area off the primary bedroom. The second-floor residence has a private elevator from ground level and a single-level interior layout. Multiple decks, outdoor showers, and added stone parking capacity round out the property. Furnishings include vacation-use items such as beach chairs, bicycles, carts, and grills, with personal items excluded from the offering.

The two residences may be used or rented separately or together. Rental bookings are already in place for 2026 and 2027. The property is located a few blocks from the beach, Boardwalk, Asbury Avenue shopping, restaurants, and entertainment in Ocean City.

Key Highlights

  • Two residences totaling 3,372 square feet
  • Built in 2017; 10 bedrooms and 6 full bathrooms
  • Each unit has 5 bedrooms and 3 full bathrooms

Property Analytics

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,607
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

Frequently Asked Questions

What type of property is this?
Duplex - Two separately usable residences can also be combined for larger groups or family gatherings.
Where is this duplex located?
The property is located at 840-842 Wesley Ave Ocean City, NJ.
What is the asking price?
The asking price for this property is $3,425,000.
What are key features of this property?
This property features: Two residences totaling 3,372 square feet; Built in 2017; 10 bedrooms and 6 full bathrooms; Each unit has 5 bedrooms and 3 full bathrooms
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