732 Wesley Ave Ocean City, NJ 08226
Estimated payment $7,935/month
Highlights
- The property is located in a historic district
- Furnished
- Enclosed Patio or Porch
- Ocean City Primary School Rated A
- Workshop
- 3-minute walk to Ocean City Dog Park
About This Home
Located in Ocean City’s coveted Historic District, this exceptional duplex blends timeless charm, income potential, and a prime coastal location. The property offers a total of 9 bedrooms and 3.5 baths—featuring a spacious 6-bedroom, 2.5-bath upper unit perfect for extended family use, seasonal rental, or a private beach retreat, and a well-maintained 3-bedroom, 1-bath lower unit currently occupied by a long-term tenant, providing immediate rental income. In the rear of the property, you’ll find a detached garage and off-street parking, a true luxury in this highly desirable neighborhood, as well as a dedicated workshop space—ideal for hobbies, storage, or creative use. Just steps from the beach, boardwalk, and the town’s vibrant downtown, this home delivers convenience, character, and versatility. Whether you’re seeking a smart investment, a legacy shore property, or both, this rare offering in one of New Jersey’s most iconic neighborhoods checks every box.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,039
Year Built
- Built in 1901
Lot Details
- Lot Dimensions are 50x120
- Fenced
Parking
- 2 Car Garage
Home Design
- Duplex
- Brick Exterior Construction
- Cedar Siding
Interior Spaces
- Furnished
- Living Room
- Dining Room
- Workshop
- Storage In Attic
Kitchen
- Stove
- Microwave
- Dishwasher
Laundry
- Dryer
- Washer
Outdoor Features
- Outdoor Shower
- Enclosed Patio or Porch
Location
- The property is located in a historic district
Utilities
- Window Unit Cooling System
- Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Legal Lot and Block 16 / 706
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 |
|---|---|---|---|---|
| 2025 | $6,039 | $538,200 | $317,600 | $220,600 |
| 2024 | $6,039 | $538,200 | $317,600 | $220,600 |
| 2023 | $5,764 | $538,200 | $317,600 | $220,600 |
| 2022 | $5,538 | $538,200 | $317,600 | $220,600 |
| 2021 | $3,960 | $538,200 | $317,600 | $220,600 |
| 2020 | $5,264 | $538,200 | $317,600 | $220,600 |
| 2019 | $5,204 | $538,200 | $317,600 | $220,600 |
| 2018 | $5,156 | $538,200 | $317,600 | $220,600 |
| 2017 | $5,075 | $538,200 | $317,600 | $220,600 |
| 2016 | $4,881 | $538,200 | $317,600 | $220,600 |
| 2015 | $4,817 | $538,200 | $317,600 | $220,600 |
| 2014 | $4,747 | $538,200 | $317,600 | $220,600 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/18/2025 08/18/25 | Pending | -- | -- | -- |
| 06/20/2025 06/20/25 | Price Changed | $1,395,000 | -3.7% | -- |
| 06/06/2025 06/06/25 | Price Changed | $1,449,000 | -3.4% | -- |
| 04/10/2025 04/10/25 | For Sale | $1,499,999 | 0.0% | -- |
| 02/01/2014 02/01/14 | Rented | -- | -- | -- |
| 01/02/2014 01/02/14 | Under Contract | -- | -- | -- |
| 12/12/2013 12/12/13 | For Rent | -- | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $300,000 | Credit Line Revolving | |
| Previous Owner | $100,000 | Credit Line Revolving |
Source: South Jersey Shore Regional MLS
MLS Number: 595062
APN: 08-00706-0000-00016
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