NOT LISTED FOR SALE

3232 Wesley Ave Ocean City, NJ 08226

Estimated Value: $2,774,000 - $6,876,000

-- Bed
-- Bath
-- Sq Ft
6,011 Sq Ft Lot

Last Sold September 05, 2024

Last sale price $5,185,000

Est. 7% decrease in value since last sale

Current estimated payment $27,566/month

3 Days on Market

Highlights

  • Ocean Front
  • Beach Access
  • Great Room
  • Ocean City Primary School Rated A
  • Deck
  • 4-minute walk to Sand Castle Park

About This Home

As of September 2024

Incredible opportunity to own an entire beachfront duplex on the gorgeous beaches of Ocean City. 3232-34 Wesley features a large footprint providing for maximum square footage on each floor with a height that allows shows off spectacular views from both floors. Total square footage is approx. 4,600 sq ft. with 9 spacious bedrooms along with 4 full baths and 2 half baths. Meticulously maintained and updated inside and out. Both floors have large decks with the 1st floor featuring a huge wrap around deck for outdoor dining. Recently raised and updated allowing for many parking spots and storage as well as exterior decking and railings. Inside, the 1st floor features 4 large bedrooms and 2.5 baths with a wide open floor plan with spacious living room, dining area, kitchen, and bedrooms. The 2nd floor features 5 large bedrooms and 2.5 baths, massive ocean and beach views to the north and south, newer kitchen, open floor plan, and multiple outdoor decks. Lots of opportunities to use for a large family, rent 1 or both floors as an investment, convert into a single home, or build a new duplex or single home!! No rentals booked for this season - make this home yours! Don't wait on this one....

Last Agent to Sell the Property

Chris Monihan

MONIHAN REALTY Listed on: 06/17/2024

Co-Listed By

Lindsay Monihan

MONIHAN REALTY

Last Buyer's Agent

Kayla Noll

Compass New Jersey-Ocean City (O463E)

Compass New Jersey-Ocean City (O463E)

Property Details

Home Type

  • Multi-Family

Lot Details

  • Lot Dimensions are 50 x 120
  • Ocean Front

Parking

  • 3 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Siding
  • Vinyl Siding
  • Stucco

Interior Spaces

  • Partially Furnished
  • Insulated Windows
  • Drapes & Rods
  • Blinds
  • Great Room
  • Living Room
  • Dining Area
  • Ocean Views
  • Storage In Attic
  • Storm Screens

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Basement

  • Stone or Rock in Basement
  • Crawl Space

Outdoor Features

  • Outdoor Shower
  • Beach Access
  • Deck
  • Patio
  • Shed
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Separate Water Meter
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Also Includes: Blinds, Curtains, Drapes, Partially Furnished
  • Age: 25+ Years
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Basement: Crawl Space, Masonry Floor/Wall, Slab
  • Other Rooms: Dining Area, Eat In Kitchen, Great Room, Kitchen, Living Room, Storage Attic

Exterior Features

  • Outside Features: Beach Access, Deck, Ocean View, Outside Shower, Patio, Porch, Shed
  • Siding Exterior: Brick, Shingle, Stucco, Vinyl
  • Storm Screens: Insulated Glass, Screens

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Central, Multi-Zoned
  • Heating: Forced Air, Gas-Natural, Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Ocean Front, Water View
  • Lot Dimensions: 50 x 120

Multi Family

  • Number Of Units: 2
  • Separate Meters: Electric, Gas, Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2002
Current Estimated Value
$4,816,662
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
-- $1,543,800 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2024 09/05/24 Sold $5,185,000 0.0% --
06/20/2024 06/20/24 Pending -- -- --
06/17/2024 06/17/24 For Sale $5,185,000 -- --
Source: South Jersey Shore Regional MLS

Tax History Compared to Growth

Source: Public Records

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
2025 $27,063 $2,490,400 $1,857,100 $633,300
2024 $27,063 $2,412,000 $1,798,400 $613,600
2023 $25,833 $2,412,000 $1,798,400 $613,600
2022 $24,819 $2,412,000 $1,798,400 $613,600
2021 $17,993 $2,412,000 $1,798,400 $613,600
2020 $22,614 $2,312,300 $1,798,400 $513,900
2019 $22,360 $2,312,300 $1,798,400 $513,900
2018 $22,099 $2,306,800 $1,798,400 $508,400
2017 $21,753 $2,306,800 $1,798,400 $508,400
2016 $20,923 $2,306,800 $1,798,400 $508,400
2015 $20,646 $2,306,800 $1,798,400 $508,400
2014 $20,346 $2,306,800 $1,798,400 $508,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 586266

South Jersey Shore Regional MLS

APN: 08-03201-0000-00022