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1702 Wesley Ave, Ocean City, NJ, 08226

$2,175,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
House
Schools Nearby

Location

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1702 Wesley Ave, Ocean City$2,175,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOne Car
Attached Garage1 space
HeatingForced Air, Natural Gas, Hot Water
CoolingCentral Air, Gas
MLS #582938
StatusActive

About 1702 Wesley Ave

This Beautiful Single-family home, located in the prestigious Gold Coast, is only one-half block from the beach and truly original in its classic design. Rediscover the charm that made Ocean City: "Americas favorite family resort!" This house was gracefully remodeled to preserve the integrity but modernized to open the space and create a great room / dining and kitchen area that invites entertainment and family fun. The modern kitchen with all the conveniences combines with a large back deck and sets the stage for indoor / outdoor summer enjoyment! Four bedrooms including the master suite and a 4th floor dormitory will allow plenty of guests. The ground floor allows additional creativity with bonus room, den, laundry and garage. There is a fenced in back yard for the family hound and enclosed outside shower. Please note that the property has been successfully rented for many years and generates substantial Summer income. Summer Rentals book for between $7000 to $8000 per week in high season. Bookings and rates for the Summer of 2024 are available upon request. This property although a single family home is zoned R2-40.

Property Details

Property Features

Property Information:

  • Architectural Style: 3 Story
  • Stories: 3

Listing Office:

  • Office Name: GRACE REALTY
  • Office Phone: (609) 398-6200

Interior Features

Interior Information:

  • Appliances: Security System, Disposal, Dishwasher, Dryer, Gas Oven, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring Type: Hardwood
  • Interior: Storage, Smoke/Fire Alarm, Walk In Closet

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Curbs, Fenced Yard, Outside Shower, Porch, Sidewalks, Enclosed Outside Shower

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: One Car

Lot Features

Lot Information:

  • Lot: Curbs, Fencing, Sidewalk

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas, Hot Water
  • Cooling: Central Air, Gas

School Info

Assigned Schools Information:

  • Ocean City High School, Public District Grades 9-12
  • Ocean City Intermediate School, Public District Grades 4-8

Other

Directions Information:

  • Directions: Located at 17th & Wesley Ave. West side and one in from the corner.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,175,000

Tax Information:

  • Annual Amount: $5,432
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Ocean City, NJ.

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Ocean City, NJ

City

Med. Sold Price

$979K

Med. Price/SqFt

$688

Avg. Days On Market

66

# of Sold Homes

49

1702 Wesley Ave vs Ocean City

58 DAYS ON ROCKET

-8 Days

$2,175,000

+$1.1M More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price in Ocean City, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #582938

Listing Office:

  • Office Name: GRACE REALTY
  • Office Phone: (609) 398-6200

Broker Reciprocity Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional (SJSR) MLS. Real estate listings held by brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. © 2024 SJSR MLS. All rights reserved.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2024, 1:20:39 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 15, 2007Home Sold
$850,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,432$728,200
2019$6,976$728,200
2018$6,976$728,200
2017$6,867$728,200

History based on county public records data.

Payment Calculator

$10.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,587

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6487258
4
/10

  • Ocean City Intermediate School

  • 19th St And Bay Ave

  • 0.34 miles

  • Public District Grades 4-8

High School

school-card-donut-6487259
7
/10

  • Ocean City High School

  • 501 Atlantic Ave

  • 1.26 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $73,438. Typical income of Ocean City, NJ residents is between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1702 Wesley Ave

What is the listing price of this property?

The listing price of 1702 Wesley Ave property is $2,175,000.

What type of property is this?

The property 1702 Wesley Ave is a house located in Ocean City, New Jersey, 08226.

Is this property for sale now?

Active Listing: 1702 Wesley Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1702 Wesley Ave are:
Ocean City Intermediate School: GreatSchools Rating 4/10
Ocean City High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,432 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 15, 2007 for $850,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1702 Wesley Ave has 4 bedrooms and 2 full and 1 half bathrooms.

Rocket Homes›New Jersey›Cape May County›Ocean City›08226›1702 Wesley Ave

This home is located at 1702 Wesley Ave in Ocean City, NJ and zip code 08226. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 07, 2024 and is currently priced at $2,175,000.

While more than 5 listings in Ocean City, NJ in April 2024 were sold above asking price, there were more than 6 listings sold at asking price, and more than 28 were sold below. The number of listings in Ocean City, NJ increased by 4.3% between March 2024 and April 2024. The median list price of listings available in April 2024 was $979,000, while the average time on the real estate market was 66 days.

From Rocket Homes Real Estate and based on county public records data.

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