5 months on rocket

1836 Wesley Ave, Ocean City, NJ, 08226

$3,195,000

0 Baths
Multi

Location

Image provided by Mapbox

Property Highlights

Home TypeDuplex
ParkingParking Pad, Three or More Cars
HeatingBaseboard, Electric
CoolingWall Unit(s), Window Unit(s)
WaterfrontWaterfront
ViewWater, Ocean
MLS #585993
StatusActive

About 1836 Wesley Ave

Welcome to 1836 Wesley Avenue, an exquisitely updated coastal duplex. This charming Goldcoast property has ocean views and is just across the street from the beach and boardwalk. The duplex offers versatile living options with two separate units that connect with an interior staircase. The upper cottage features 4 bedrooms plus a loft and 3.5 bathrooms. As you approach the top unit you are greeted with a beautiful covered front porch with plenty of space for dining al fresco and lounging outside after a day at the beach. Upon entering the main floor you are presented with a living, dining and kitchen area featuring a gas fireplace, laminate flooring, plantation shutters and coastal furnishings & decor. The modern kitchen boasts stainless steel appliances, tile backsplash and elegant granite countertops perfect for culinary enthusiasts. The main level has a nicely tiled full bathroom and laundry. Off the main floor, there is a large private back deck with plenty of room for dining and laying out in the sun. Upstairs you will find four bedrooms and two full bathrooms, each updated with custom tile. The primary bath has a double sink vanity and glass enclosed shower. Two bedrooms have balcony access with direct ocean views. The fourth bedroom is perfect for a nursery or office. The loft has a half bath and ocean views with room for additional sleeping accommodations or living space. The 1st floor unit has a separate entrance with kitchen, dining area, living room, 2 bedrooms, 1 full bath and laundry room, ideal for grown children, guests or rental opportunities. Nestled on a spacious 40' x 120' lot, the property includes ample off-street parking and convenient enclosed ground level showers, perfect for rinsing off after a day at the beach. Whether you're looking to enjoy as a single-family home, utilizing the interior staircase for seamless access between floors, or as a lucrative 2 unit rental property, 1836 Wesley Avenue is offered furnished with endless possibilities. This R2 zoned property presents a fantastic investment opportunity with potential for future development, allowing for the construction of two 5-bedroom condos or one large single-family home. Don't miss out on this rare opportunity to own a piece of Ocean City's history with modern comforts. Make this seashore gem your new sanctuary and experience the best of beach living in the Goldcoast of OCNJ.

Property Details

Property Features

Listing Office:

  • Office Name: GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
  • Office Phone: (609) 399-2500

Interior Features

Interior Information:

  • Appliances: Disposal, Dishwasher, Dryer, Gas Oven, Microwave, Refrigerator, Self Cleaning Oven, Washer

Exterior Features

Exterior Information:

  • Waterfront: Waterfront
  • View: Water, Ocean
  • Exterior: Curbs, Deck, Ocean View, Outside Shower, Porch, Sidewalks

Parking Information:

  • Attached Garage: No
  • Parking: Parking Pad, Three or More Cars

Lot Features

Lot Information:

  • Lot: Curbs, Views, Sidewalk

Utilities

Utilities Information:

  • Heating: Baseboard, Electric
  • Cooling: Wall Unit(s), Window Unit(s)

Other

Directions Information:

  • Directions: Wesley Ave to 18th St - house on west side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,195,000

Tax Information:

  • Annual Amount: $7,226
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Ocean City, NJ.

Med. Sold Price

$888.1K

Med. Price/SqFt

$689

Avg. Days On Market

36

# of Sold Homes

62

1836 Wesley Ave vs Ocean City

162 DAYS ON ROCKET

+126 Days

$3,195,000

+$2.3M More

KEY TAKEAWAY

This property is $2.3M more than the Median Sold Price in Ocean City, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #585993

Listing Office:

  • Office Name: GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
  • Office Phone: (609) 399-2500

Broker Reciprocity Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional (SJSR) MLS. Real estate listings held by brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. © 2024 SJSR MLS. All rights reserved.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 10:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$7,226$968,600
2019$9,279$968,600
2018$9,279$968,600
2017$9,134$968,600

History based on county public records data.

Payment Calculator

$16K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,645

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-456748
5
/10
  • Ocean City Primary School

  • 550 West Ave

  • 1.42 miles

  • Public District Grades PK-3

school-card-donut-456749
5
/10
  • Upper Township Elementary School

  • 50 N Old Tuckahoe Rd

  • 3.12 miles

  • Public District Grades 3-5

school-card-donut-456750
2
/10
  • Dawes Avenue Elementary School

  • 22 W Dawes Ave

  • 3.92 miles

  • Public District Grades KG-3

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,227. Most Ocean City, NJ residents have annual incomes between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

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Rocket Homes›New Jersey›Cape May County›Ocean City›08226›1836 Wesley Ave

This home is located at 1836 Wesley Ave in Ocean City, NJ and zip code 08226. It has been listed on Rocket Homes since June 08, 2024 and is currently priced at $3,195,000.

Ocean City, NJ housing market in October 2024 saw over 12 listings sold above listed price, more than 7 sold at listed price and over 31 sold below. The number of listings in Ocean City, NJ increased by 6.2% between September 2024 and October 2024. In October 2024 median list price was $888,150 and the average listing age was 36 days.

From Rocket Homes Real Estate and based on county public records data.

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