29 days on rocket

401 Wesley Ave, Ocean City, NJ, 08226

$2,590,000

11 Bedrooms
10 Full Baths, 2 Partial
5,250 SqFt
$493/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingParking Pad, Two Car
Attached Garage1 space
Year Built1894
HeatingBaseboard, Natural Gas, Hot Water, Zoned, Other
CoolingCeiling Fan(s), Central Air, Zoned
BasementYes
FireplaceBuilt-In, Living Room
MLS #590113
StatusActive

About 401 Wesley Ave

Come and enjoy the Ocean City lifestyle in this grand Queen Anne Victorian located just few blocks to the beach and boardwalk and a short walk to downtown shopping. Warm gathering areas including a billiard room, library, living room with fireplace, wrap around front porch, back deck for grilling and large rooftop deck for sunning and sunsets. This 11-bedroom (each with private bath plus 2 half baths) home boasts 7000 square feet of living space which was completely rebuilt in 1989 to today’s standards. The home includes 2 rental income apartments, one with 2 bedrooms, living room, kitchen and full bath with Jacuzzi and separate shower. Convenience of four off-street parking spaces, garage, private beach shower and plenty of space to store your bikes. A great year-round treasure!

Property Details

Property Features

Property Information:

  • Architectural Style: Victorian
  • Year Built: 1894
  • Living Area: 5,250 SqFt

Listing Office:

  • Office Name: MONIHAN REALTY-A
  • Office Phone: (609) 399-1311

Interior Features

Interior Information:

  • Appliances: Security System, Disposal, Dishwasher, Dryer, Gas Oven, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Basement: Yes
  • Flooring Type: Hardwood, Tile, W/W over Hardwood, Wood
  • Interior: Carbon Monoxide Detector, Security System, Storage, Smoke/Fire Alarm, Whirlpool
  • Fireplace: Built-In, Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 10
  • Total Bedroom Count: 11

Exterior Features

Exterior Information:

  • Exterior: Curbs, Deck, Patio, Paved Road, Porch, Shed, Sidewalks, Sprinkler System, Whirlpool/Spa, Enclosed Outside Shower

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Parking Pad, Two Car

Lot Features

Lot Information:

  • Lot: Curbs, Paved, Sidewalk, Sprinklers

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas, Hot Water, Zoned, Other
  • Cooling: Ceiling Fan(s), Central Air, Zoned

Other

Directions Information:

  • Directions: Take Wesley Ave to 4th Street. House on South East Corner. Formerly, the Northwood Inn.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,590,000
  • Price Per SqFt: $493/SqFt

Tax Information:

  • Annual Amount: $7,549
  • 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

401 Wesley Ave vs Ocean City

29 DAYS ON ROCKET

-7 Days

$2,590,000

+$1.7M More

$493/SqFt

-$196 Less

KEY TAKEAWAY

This property is $1.7M more than the Median Sold Price and $196/SqFt less than other homes in Ocean City, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #590113

Listing Office:

  • Office Name: MONIHAN REALTY-A
  • Office Phone: (609) 399-1311

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, 8:20:54 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$7,549$1,011,900
2019$9,694$1,011,900
2018$9,694$1,011,900
2017$9,542$1,011,900

History based on county public records data.

Payment Calculator

$12.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,831

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-352690
5
/10
  • Ocean City Primary School

  • 550 West Ave

  • 0.25 miles

  • Public District Grades PK-3

school-card-donut-352691
2
/10
  • Dawes Avenue Elementary School

  • 22 W Dawes Ave

  • 3.08 miles

  • Public District Grades KG-3

school-card-donut-352692
6
/10
  • Seaview Elementary School

  • 2013 Wabash Ave

  • 3.69 miles

  • Public District Grades PK-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,423. The most common annual income of people living in Ocean City, NJ is between $35k-100k. The majority of 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

Frequently Asked Questions About 401 Wesley Ave

What is the listing price of this property?

The listing price of 401 Wesley Ave property is $2,590,000.

What type of property is this?

The property 401 Wesley Ave is a house located in Ocean City, New Jersey, 08226.

Is this property for sale now?

Active Listing: 401 Wesley Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $7,549 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 401 Wesley Ave has 11 bedrooms and 10 full and 2 half bathrooms.

What is the square footage of this property?

The property 401 Wesley Ave is 5,250 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 401 Wesley Ave is 1894.
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Rocket HomesNew JerseyCape May CountyOcean City08226401 Wesley Ave

This home is located at 401 Wesley Ave in Ocean City, NJ and zip code 08226. This 5,250 square foot home was built in 1894. Features: 11 bedrooms, 12 bathrooms. It has been listed on Rocket Homes since October 18, 2024 and is currently priced at $2,590,000.

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. In October 2024 in Ocean City, NJ there were 6.2% more homes for sale than in September 2024. Listings spent 36 days on the market in October 2024, and had a median list price of $888,150 during the same period.

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

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