1836 Wesley Ave Ocean City, NJ 08226
Estimated payment $17,526/month
About This Lot
Now offered as a prime Goldcoast development opportunity, 1836 Wesley Avenue sits on an oversized 40’ x 120’ lot directly across from Ocean City’s iconic beaches and boardwalk. This rare parcel offers sweeping ocean views and is ideally positioned for those looking to build new luxury construction in one of the island’s most coveted locations. Zoned R-2, the property allows for a range of future development options, including a spacious custom single-family home or two 5-bedroom condominium units. Whether you envision a beachside compound with a pool or a luxury duplex design, this site offers exceptional flexibility and strong resale potential. With ample space for outdoor living areas, garages, and off-street parking, the possibilities are endless. The existing structure is in good condition and available for use or rental this summer while you finalize plans to rebuild in the future. Don’t miss this rare opportunity to create a bespoke coastal retreat in Ocean City’s most desirable beachfront neighborhood. Start designing your Goldcoast dream home today.
Listing Agent
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY License #0459101 Listed on: 05/08/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $10,868
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 40 x 120
- Property is zoned Duplex
Additional Features
- Water Views
- Gas Available
Community Details
- Community Boardwalk
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $10,868 | $968,600 | $838,100 | $130,500 |
| 2023 | $10,374 | $968,600 | $838,100 | $130,500 |
| 2022 | $9,967 | $968,600 | $838,100 | $130,500 |
| 2021 | $7,226 | $968,600 | $838,100 | $130,500 |
| 2020 | $9,473 | $968,600 | $838,100 | $130,500 |
| 2019 | $9,366 | $968,600 | $838,100 | $130,500 |
| 2018 | $9,279 | $968,600 | $838,100 | $130,500 |
| 2017 | $9,134 | $968,600 | $838,100 | $130,500 |
| 2016 | $8,785 | $968,600 | $838,100 | $130,500 |
| 2015 | $8,669 | $968,600 | $838,100 | $130,500 |
| 2014 | $8,543 | $968,600 | $838,100 | $130,500 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/06/2025 06/06/25 | Pending | -- | -- | -- |
| 05/08/2025 05/08/25 | For Sale | $2,995,000 | 0.0% | -- |
| 03/14/2025 03/14/25 | For Rent | $20,000 | 0.0% | -- |
| 05/31/2022 05/31/22 | Rented | -- | -- | -- |
| 03/14/2022 03/14/22 | For Rent | $20,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- | |
| Deed | $273,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $350,000 | Purchase Money Mortgage | |
| Closed | $205,000 | No Value Available |
Source: South Jersey Shore Regional MLS
MLS Number: 596020
APN: 08-01802-0000-00022
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