832 Wesley Ave Unit 1 Ocean City, NJ 08226
Estimated payment $9,910/month
Highlights
- Family Room with Fireplace
- Forced Air Heating and Cooling System
- 1-minute walk to North Street Playground
- Ocean City Primary School Rated A
About This Home
Experience the best of shore living in this exceptional newer (2017) first-floor condo, offering 5 bedrooms and 3 full baths (5 traditional bedrooms plus a versatile cabana/storage room). This is a RENTAL MACHINE averaging over $108K over the past 3 years!! New AC condenser -2025 Ideally positioned in the heart of downtown, this residence places you just steps from the beach, iconic boardwalk, and the premier shopping and dining along Asbury Avenue. Designed for both comfort and style, the open-concept floor plan showcases a gourmet kitchen with stainless steel appliances, granite countertops, and a seamless flow into the spacious living and dining areas. The expansive front porch serves as a true extension of the home—perfect for elegant entertaining, relaxed gatherings, or simply savoring the coastal breeze. This property also presents a rare investment opportunity with a strong rental history. (including a list of 2026 potential renters) We have not accepted any bookings for 2026, to allow flexibility in ownership usage. Whether as a luxurious personal retreat or a high-performing asset, this downtown gem is a truly remarkable offering. Offered fully furnished less personal items
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,028
Parking
- 1.5 Parking Spaces
Interior Spaces
- 2-Story Property
- Family Room with Fireplace
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Utilities
- Forced Air Heating and Cooling System
Community Details
- Pets Allowed
Listing and Financial Details
- Legal Lot and Block 805 / 17.04
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 | $7,765 | $692,100 | $236,400 | $455,700 |
| 2024 | $7,765 | $692,100 | $236,400 | $455,700 |
| 2023 | $7,412 | $692,100 | $236,400 | $455,700 |
| 2022 | $7,122 | $692,100 | $236,400 | $455,700 |
| 2021 | $5,163 | $692,100 | $236,400 | $455,700 |
| 2020 | $6,769 | $692,100 | $236,400 | $455,700 |
| 2019 | $6,693 | $692,100 | $236,400 | $455,700 |
| 2018 | $6,630 | $692,100 | $236,400 | $455,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/17/2025 10/17/25 | Price Changed | $1,749,900 | -1.4% | -- |
| 09/07/2025 09/07/25 | Price Changed | $1,774,900 | -99.0% | -- |
| 09/07/2025 09/07/25 | Price Changed | $177,495,000 | +99900.0% | -- |
| 09/07/2025 09/07/25 | For Sale | $177,495 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Surety Title | |
| Deed | $732,000 | Surety Title Company | |
| Deed | $770,000 | First Partners Abstract | |
| Deed | $1,800,000 | Surety Title | |
| Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | Ocean City Title Agency |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $302,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $316,700 | New Conventional | |
| Previous Owner | $130,000 | Purchase Money Mortgage |
Source: South Jersey Shore Regional MLS
MLS Number: 600134
APN: 08-00805-0000-00017-04-C1
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