321 Wesley Ave Ocean City, NJ 08226
Estimated payment $11,062/month
Total Views
4,311
--
Bed
--
Bath
--
Sq Ft
--
Price per Sq Ft
Highlights
- The property is located in a historic district
- Recreation Room
- Den
- Ocean City Primary School Rated A
- Furnished
- 2-minute walk to Lake Memorial Park
About This Home
Welcome to 321 Wesley Avenue – a unique historic oasis nestled in the heart of Ocean City’s beloved North End! This beautifully restored 1928 property seamlessly blends character, charm, and versatility, offering three distinct apartments on a generous 50 x 105 lot. Whether you seek a smart investment, a shore getaway, or a combination of both, this property caters to your needs. The ground-level, approximately 900 sq ft unit features three spacious bedrooms and one full, renovated bathroom. Enjoy high ceilings, the convenience of no stairs, and relaxing on the front and back patios – perfect for unwinding after a beach day or hosting weekend guests. Above, a gorgeous three-story, approximately 1,800 sq ft upper cottage boasts five bedrooms and two and a half renovated bathrooms. This charming space offers inviting gathering areas, original architectural details, and refreshing ocean breezes throughout its levels. Highlights include newly renovated porches on three sides, a historic double front door, impressive high ceilings, a fireplace, massive French doors leading from the dining room, and transom windows in the bedrooms. Both bathrooms have been tastefully renovated. Completing this exceptional property is a detached 3.5-car garage with an approximately 800 sq ft three-bedroom cottage on the top floor, presenting a desirable additional income opportunity. The entire property is being offered fully furnished and equipped, ready for immediate enjoyment or rental. An enclosed outdoor shower with dressing area adds to the convenience after long days at the beach.Tucked away on a peaceful, tree-lined street, you'll find yourself just a short stroll from the beach, boardwalk, and downtown attractions. Enjoy leisurely walks to coffee shops and boutiques, or savor quiet evenings on one of your porches, listening to the soothing ocean breeze. This home has been lovingly maintained and thoughtfully updated, all while preserving its original character. Boasting a strong rental history, this property is not only a beautiful residence but also a smart investment with potential for year-round or seasonal income. Opportunities to own a piece of classic Ocean City charm like this are rare. Don't miss your chance!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,644
Year Built
- Built in 1928
Parking
- 3 Car Detached Garage
Home Design
- Triplex
- Slab Foundation
- Wood Siding
- Vinyl Siding
Interior Spaces
- Furnished
- Ceiling Fan
- Drapes & Rods
- Blinds
- Living Room
- Dining Room
- Den
- Recreation Room
Kitchen
- Eat-In Kitchen
- Self-Cleaning Oven
- Stove
- Microwave
- Dishwasher
- Disposal
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Outdoor Shower
- Patio
- Porch
Utilities
- Forced Air Heating and Cooling System
- Cooling System Mounted In Outer Wall Opening
- Heating System Uses Natural Gas
- Baseboard Heating
- Separate Meters
- Gas Water Heater
Additional Features
- Lot Dimensions are 50 x 105
- The property is located in a historic district
Community Details
- 3 Units
Map
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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 | $6,644 | $592,200 | $317,600 | $274,600 |
| 2023 | $6,342 | $592,200 | $317,600 | $274,600 |
| 2022 | $5,889 | $572,300 | $317,600 | $254,700 |
| 2021 | $5,752 | $572,300 | $317,600 | $254,700 |
| 2020 | $5,597 | $572,300 | $317,600 | $254,700 |
| 2019 | $5,518 | $570,600 | $317,600 | $253,000 |
| 2018 | $5,466 | $570,600 | $317,600 | $253,000 |
| 2017 | $5,381 | $570,600 | $317,600 | $253,000 |
| 2016 | $5,175 | $570,600 | $317,600 | $253,000 |
| 2015 | $5,107 | $570,600 | $317,600 | $253,000 |
| 2014 | $5,033 | $570,600 | $317,600 | $253,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/13/2025 06/13/25 | Price Changed | $1,899,000 | 0.0% | -- |
| 06/13/2025 06/13/25 | Price Changed | $1,899,000 | -4.3% | -- |
| 05/05/2025 05/05/25 | For Sale | $1,985,000 | 0.0% | -- |
| 04/18/2025 04/18/25 | For Sale | $1,985,000 | 0.0% | -- |
| 02/10/2025 02/10/25 | Off Market | -- | -- | -- |
| 01/21/2025 01/21/25 | For Rent | -- | -- | -- |
Source: South Jersey Shore Regional MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $466,592 | Sheintoch Law Pc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $930,000 | New Conventional | |
| Previous Owner | $733,400 | VA | |
| Previous Owner | $28,000 | Unknown | |
| Previous Owner | $281,000 | Unknown | |
| Previous Owner | $250,000 | Credit Line Revolving |
Source: Public Records
Similar Home in Ocean City, NJ
Source: South Jersey Shore Regional MLS
MLS Number: 595532
APN: 08-00305-0000-00005
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