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Two-Unit Duplex with Elevator
New
For Sale
$3,425,000

WESLEY Avenue, Ocean City, NJ 08226

Multi-Family, OCEAN CITY, NJ

Property Size3,372 SF
Lot Size0.11 Acres
Price / SF$1,015
Days on Market3

Property Features for WESLEY Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Parking 5
Parking features Driveway, Garage
Fireplace 1
Subdivision NONE AVAILABLE
Elementary school district OCEAN CITY SCHOOLS
Middle school district OCEAN CITY SCHOOLS
High school district OCEAN CITY SCHOOLS
Standard status Active
Size 3,372 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Annual Amount 15512

Utilities

Heating system Forced Air
Cooling system Central Air

Amenities

private ground-level outdoor showers
bonus ground-level cabana room
multiple decks
beach chairs
boogie boards
beach carts
bicycles
BBQ grills

Building Details

Year built 2017
Number of units 2
Building materials Brick Veneer, Vinyl Siding
Architectural style Other
Listing Agency: Realty Mark Advantage
Listed By: Melissa Nallen · License #1757914
Added: Oct 11 Last Checked: Oct 13 at 3:06AM
MLS# NJCM2008114

Copyright © 2026 Bright 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.

The 2017-built duplex at 840 and 842 Wesley Avenue contains 3,372 square feet across two residences, with a combined 10 bedrooms and 6 full bathrooms. The second-floor unit has a private elevator from ground level and additional recreation space; the first-floor residence includes a separate cabana room. Multiple decks and outdoor areas extend the living space, and the property is offered furnished, excluding personal items. Heating is forced air, cooling is central air, and parking includes a driveway and garage.

The property occupies 0.1102 acres in Ocean City, a few blocks from the beach, Boardwalk, Asbury Avenue shopping, restaurants, and entertainment. The two residences may be used or rented separately or together.

Key Highlights

  • Two residences with a combined 10 bedrooms and 6 full bathrooms
  • 3,372 square feet on a 0.1102‑acre lot
  • Built in 2017

Property Analytics

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Current Use

Duplexes

Lease Details

2
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,588
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 - Both residences are furnished and include separate ground-level recreation areas.
Where is this duplex located?
The property is located at WESLEY Avenue 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 with a combined 10 bedrooms and 6 full bathrooms; 3,372 square feet on a 0.1102‑acre lot; Built in 2017
More about this property
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