Peter Madden Real Estate Agent - GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

27 Ocean Rd, Ocean City, NJ For Sale $2,799,999 - listed by Peter Madden — For Sale $2,799,999

2906 Wesley Ave Unit 2, Ocean City, NJ For Sale $7,700,000 - listed by Peter Madden — For Sale $7,700,000

2904 Wesley Ave Unit 1, Ocean City, NJ For Sale $7,300,000 - listed by Peter Madden — For Sale $7,300,000

Peter Madden co-listing agent for 1117 West Ave Unit 2, Ocean City, NJ - sold for $999,000 — Sold $999,000 • Co-Listing Agent

Peter Madden

Ocean City NJ

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

142 Closed Sales

$172.4M Total Value

$343K - $4.4M Price Range

$1.2M Average Price

Prior 5 years

About Peter

Pete Madden is a leading real estate expert in Ocean City, NJ (08226), consistently ranking among the top 20 sales agents in the area. In addition to his success in real estate, Pete serves on the Ocean City Council, giving him valuable insight into the community and its development. His strong relationships with local vendors and deep ties to the town allow him to offer clients exceptional support for all their real estate needs.

Home Types: Condo, House, Townhouse, Commercial, Multifamily, Lot/Land

Years of Experience: 21

Education: Saint Joseph's University

Transaction History

1 Year
2 Year
5 Year

Seller Deals
Total Deals	17
Total Value	$23,778,000
Average Sale Price	$1,398,706
Price Range	$295K - $3.2M

Buyer Deals
Total Deals	14
Total Value	$21,765,532
Average Sale Price	$1,554,681
Price Range	$391K - $3.3M

1 Year View by Quarter

Seller Deals
Total Deals	37
Total Value	$48,228,400
Average Sale Price	$1,303,470
Price Range	$278K - $3.2M

Buyer Deals
Total Deals	31
Total Value	$37,348,532
Average Sale Price	$1,204,791
Price Range	$215K - $3.3M

2 Year View by Quarter

Seller Deals
Total Deals	73
Total Value	$97,906,099
Average Sale Price	$1,341,179
Price Range	$235K - $4.4M

Buyer Deals
Total Deals	69
Total Value	$74,463,677
Average Sale Price	$1,079,184
Price Range	$215K - $3.3M

5 Year View

Peter's Listings and Deals

Peter's Recent Active Listings

$2,799,999
- 5 Beds
- 4 Baths
27 Ocean Rd

Ocean City, NJ
Beautiful new construction featuring 5 bedrooms and 4 bathrooms, this home highlights exceptional craftsmanship and carefully curated finishes throughout. The exterior boasts premium roofing, brick veneer, James Hardie siding, fiberglass decks, and professionally landscaped grounds. Inside, you’ll find custom trim, solid-core doors, a gas fireplace, KraftMaid cabinetry, and granite or quartz

Peter Madden GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

$7,700,000
- 5 Beds
- 5 Baths
2906 Wesley Ave

Unit 2

Ocean City, NJ
New oceanfront construction featuring 5 bedrooms and 5 baths per unit. Each residence offers a private pool, elevator, garage parking, and multiple covered and uncovered decks with stunning ocean views. Open-concept living, ensuite bedrooms, rooftop deck access, and high-end finishes throughout. Prime beachfront location in Ocean City’s desirable Gold Coast.

Peter Madden GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

$7,300,000
- 5 Beds
- 5.5 Baths
2904 Wesley Ave

Unit 1

Ocean City, NJ
New oceanfront construction featuring 5 bedrooms and 5.5 baths per unit. Each residence offers a private pool, elevator, garage parking, and multiple covered and uncovered decks with stunning ocean views. Open-concept living, ensuite bedrooms, and high-end finishes throughout. Prime beachfront location in Ocean City’s desirable Gold Coast.

Peter Madden GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

$639,900
- 2 Beds
- 1 Bath
871 E 7th St

Unit 9

Ocean City, NJ
Perfectly positioned at the foot of the 7th Street Boardwalk ramp, this rare corner unit at Beachwatch Condominiums offers the ideal blend of convenience and coastal living. This move in ready 2 bedroom, 1 bath residence features two private balconies and easy access to the expansive sun deck. With a strong rental history generating over $40,000 in annual rental income, this property is an

Peter Madden GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

$1,399,999
- 5 Beds
- 3.5 Baths
732 Central Ave

Unit 2

Ocean City, NJ
Beautifully maintained and ideally located, this 5 bedroom, 3.5 bath second floor condo offers the perfect blend of comfort and convenience in the heart of Ocean City. Designed for easy living and entertaining, the home features hardwood floors, a gas fireplace, central air, gas heat, and an open concept layout. The kitchen is equipped with stainless steel appliances, while the spacious primary

Peter Madden GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

$3,299,900
- 5 Beds
- 3.5 Baths
544 E Atlantic Blvd

Ocean City, NJ
Located in the highly sought-after Gardens section of Ocean City, this stunning new construction single-family home offers 5 bedrooms, 3.5 baths, and exceptional craftsmanship throughout. The open-concept main level features a gourmet kitchen with marble countertops, tile backsplash, wine cooler, pantry, and full appliance package, along with a spacious living and dining area, primary suite,

Peter Madden GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

$749,000
- 3 Beds
- 2 Baths
121 Higbee Ave

Somers Point, NJ
Rare opportunity to own a pre-existing, non conforming duplex in Somers Point's Historic Village with water views and just steps to the beach. Renovate the existing duplex for investment income or build a single family home in this exceptional location. Ideally located within walking distance to restaurants, marinas, and local attractions. Plans available in Associated Documents.

Peter Madden GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

$1,199,900
- 3 Beds
- 1.5 Baths
5132 Central Ave

Ocean City, NJ
Charming beach block home just steps from the beach. The first floor features a spacious living room, an eat-in kitchen with a gas range, a convenient powder room, and both front and rear decks. Relax on the wraparound front deck and enjoy beautiful ocean views and coastal breezes. Upstairs, you'll find three generously sized bedrooms and a full bath, with one bedroom offering scenic ocean views.

Peter Madden GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

$539,900
- 3 Beds
- 2 Baths
11 Bucknell Rd

Somers Point, NJ
Welcome to this beautifully maintained 3-bedroom, 2-bath split-level home located in a quiet neighborhood just minutes from Ocean City beaches and all the dining, shopping, and entertainment in Somers Point. Recent upgrades include new siding, a new roof, and fresh paint throughout. The updated island kitchen features quartz countertops, stainless steel appliances, and plenty of space for cooking

Peter Madden GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

Recently Sold

$295,000

Sold Jun 30, 2026
- 1 Bed
- 1 Bath
921 Wesley Ave

Unit B-21

Ocean City, NJ
- 179 Days On Market
Peter Madden GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

$3,150,000

Sold Jun 12, 2026
- 4 Beds
- 3 Baths
- 2,400 Sq Ft
309 E Surf Rd

Ocean City, NJ
- 5% Above List
- 11 Days On Market
- $1,312/SF
- Current Est. Value $3M
Peter Madden GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

$595,000

Sold May 19, 2026
- 2 Beds
- 1 Bath
- 1,060 Sq Ft
133 Central #2 Ave

Unit 2

Ocean City, NJ
- 1% Below List
- 27 Days On Market
- $561/SF
Peter Madden GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

$1,600,000

Sold Mar 19, 2026
- 6 Beds
- 2.5 Baths
- 1,792 Sq Ft
118 Ocean Rd

Ocean City, NJ
- 34 Days On Market
- $893/SF
- Current Est. Value $2M
Peter Madden GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

$1,150,000

Sold Mar 6, 2026
- Land
- 8,712 Sq Ft Lot
103 Somerset Ln

Ocean City, NJ
- 4% Below List
- 9 Days On Market
- Current Est. Value $2M
Peter Madden GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

$1,925,000

Sold Mar 6, 2026
- 4 Beds
- 3 Baths
615 E 16th St

Unit 1

Ocean City, NJ
- 8% Below List
- 18 Days On Market
- Current Est. Value $2M
Peter Madden GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

$2,200,000

Sold Dec 18, 2025
- 5 Beds
- 4 Baths
- 1,483 Sq Ft
3708 Westminster Ln

Ocean City, NJ
- 91 Days On Market
- $1,483/SF
- Current Est. Value $2M
Peter Madden GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

$650,000

Sold Dec 5, 2025
- 3 Beds
- 2 Baths
425 Central Ave

Unit 1

Ocean City, NJ
- 117 Days On Market
Peter Madden GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

$925,000

Sold Nov 28, 2025
- 3 Beds
- 2 Baths
3314 West Ave

Unit 2

Ocean City, NJ
- 43 Days On Market
Peter Madden GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

Awards and Designations

BHHS Chairman’s Circle Gold Level
Consistently and currently in the top 20 Sales agents in Ocean City
NJAR Circle of Excellence Sales Award winner, Gold Level
NJAR Circle of Excellence Sales Award, Gold Level

Other Experience

First Time Homebuyers, Investments, Luxury Homes, New Construction

Peter Madden

(609) 798-7451

Homes for Sale by City

Peter Madden

About Peter

Transaction History

Seller Deals

Buyer Deals

Production Over Time

1 Year View by Quarter

Seller Deals

Buyer Deals

Production Over Time

2 Year View by Quarter

Seller Deals

Buyer Deals

Production Over Time

5 Year View

Peter's Listings and Deals

Peter's Recent Active Listings

Recently Sold

Awards and Designations

Other Experience