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For Sale 816 Wesley, Ocean City, NJ, 08226

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816 Wesley, Ocean City, NJ, 08226

$3,195,000

  • Buyer Agent Compensation: N/A
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The Painted Lady, built in 1891, is truly one of a kind and an iconic part of Ocean City’s historic charm. This stunning Victorian single-family home, also known as The Thomas S. Simmons House, offers over 5,600 square feet of living space and was thoughtfully restored in 2019 while preserving its timeless character and elegance. The main home features 6 bedrooms, including a beautiful primary suite, and 3.5 baths. A spacious, cozy wraparound front porch — one of the finest in Ocean City — welcomes you into a formal entry showcasing the home’s exquisite vintage craftsmanship, including extensive woodwork, original fixtures, a grand staircase, hardwood floors, glass doorknobs, and classic switch plates. The interior is tastefully appointed with a blend of historic charm and modern comfort, featuring an updated eat-in kitchen with stainless steel appliances, granite countertops, a large center island, formal dining room, elegant parlor with piano, office, and beautifully remodeled baths with custom tile, elevated granite-top vanities, and glass-enclosed showers. Additional highlights include gas hot water baseboard heat, all-new electric, a tankless water heater, newer windows, and more. One of the property’s rarest features is the large, shaded outdoor entertaining area complete with a paved patio perfect for barbecuing, dining, and relaxing, along with a 2-car paver driveway and enclosed outdoor shower. Bonus for investors: the property also includes five additional apartments consisting of Rear Duplex G1 with 1 bedroom and 1 bath, G2 with 3 bedrooms and 1.5 baths, Apartment A with 2 bedrooms and 1 bath, Apartment B with 1 bedroom and 1 bath, and Apartment C, an efficiency unit. Attached to the listing is the current rental information for all six units. Potential seasonal rental income exceeds $150,000 annually. Historic charm, an unbeatable location just moments from the beach, boardwalk, and downtown, plus exceptional rental income potential! See you at The Painted Lady!

Listing courtesy of: BHHS FOX and ROACH-Simpson OC
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 Multiple Listing Service. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Information is deemed to be accurate but not guaranteed. Copyright South Jersey Shore Regional Multiple Listing Service. All rights reserved.
Total Rooms
Full Bath 0
# of Stories
Year Build
Lot Size
Tax 6777.00
SQFT 5694
OutsideFeaturesCurbs, Handicap Access, Sidewalks, Sprinkler System
OtherRoomsDining Room, Great Room, Kitchen, Laundry/Utility Rm, Living Room
HeatingForced Air, Gas-Natural, Hot Water, See Remarks
HotWaterTankless-gas
SewerPublic Sewer
Bedrooms 0
Half Bath 0
# of Stories
Lot Dimensions
# Units 4 - 10 Units
Tax Year 2025
Area Ocean City/Central
ParkingGarageNone
BasementSlab
CoolingCeiling Fan(s), Central
WaterPublic
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Nearby Listings

Over $211,000 already booked for 2026!! Turn-key rental investment with exceptional performance in the heart of Ocean City, NJ—840–842 Wesley Ave (corner of 9th & Wesley). This rare, flexible layout combines the 1st and 2nd floor units to create a powerhouse vacation property offering 10 bedrooms, 6 bathrooms, plus 2 outdoor cabana showers, and accommodations for up to 28 guests. Proven income producer: over $211,000 in 2026 rentals with more on the way!! Consistently bringing in approximately $230,000 annually for the past 5 years ($245K in 2024) Each level offers approximately 1,700 sq ft with 5 bedrooms and 3 full baths per floor, and the home can be enjoyed as two separate units or together via an interior connecting door—allowing access between floors without going outside (typically unlocked only when both floors are rented together). Features & amenities buyers and renters love: • Private elevator (ground level to 2nd floor only) • No steps once inside either unit • Two ground-level recreation rooms (TVs, foosball/game tables, games) • Large flat-screen TVs + TVs in every bedroom • Keyless entry, private entrances, internal stairwells • Front decks off living areas (locking gate) + rear decks off the primary suites • Washer/dryer on each floor • Off-street parking for up to 6 vehicles • Beach-ready extras (tags, chairs, wagon/stroller, umbrellas, cooler, boogie boards/toys) Prime walkable location—a short stroll to the beach, boardwalk, and downtown. Park once and walk everywhere. Units can be rented separately or together. Inquire for showing and rental history details.

Property 2

840 Wesley Ave # 840 & 842, Ocean City

  • 0

  • 0.0

  • $3425000

Check out this gorgeous 2017-built, first-floor rental machine at 840 Wesley Ave in the heart of downtown Ocean City, NJ! With OVER $102,000 already on the books for 2026 (and more reservations to come), this property offers a true turnkey investment ready for its new owners. This home has consistently produced $112K-114K+ in annual rental income for the past 7 years—a proven performer in one of Ocean City’s most desirable locations. This 5-bedroom, 3-bath condo also features a bonus downstairs cabana room, thoughtfully converted into the perfect hangout space for games and TV—giving everyone plenty of room to spread out and enjoy. You’ll love the two private patios—one in the front and another off the primary bedroom for a little peace and quiet. Plus, there’s a unique outdoor private shower on the ground level with plenty of space to rinse off the sand before heading inside. Another smart added amenity: additional stone added to the driveway to increase parking capacity—because extra parking in Ocean City is always a win. Everything has been thoughtfully designed for maximum comfort, convenience, and rental performance. Offered fully furnished and loaded with extras that make vacations effortless, including beach chairs, boogie boards, beach carts, bicycles, and a BBQ grill. Just take over and start collecting the income. This GEM won’t last—schedule your appointment today!

Property 2

840 Wesley Ave, Ocean City

  • 5

  • 3.0

  • $1675000

Consistently producing $115,000+ in annual rental income (2024: $124,000)—this is a true turnkey investment for the savvy buyer looking for a well-oiled rental machine. Already over $109,000 on the books for 2026! This beautiful second-floor (top-floor) property is ideally located at the corner of 9th & Wesley Avenue in the heart of Ocean City, NJ, just a short walk to the beach, boardwalk, and downtown. Offering 5BR/3BA and over 1,700 sq ft on the main living level, plus an additional 300+ sq ft entry-level recreation area—perfect for extra lounging and entertaining. A private elevator (serving the 2nd-floor unit only) provides added convenience and handicap-friendly access, with no steps once inside the unit. The layout is designed for comfort and groups with two primary suites (King & Queen), an additional Queen bedroom with balcony, plus two bedrooms with full-over-full bunk beds. The entry level features a full-size futon and a TV/foosball/game room. Enjoy a 55” TV in the family room, a 50” TV in the game room, and TVs in every bedroom. Outdoor living shines with a canopy-covered front deck off the living area (canopy removed in winter months), added privacy/sun shade on the north side of the awning, a rear deck off the primary, and a balcony off Bedroom 5. Additional highlights include keyless entry and off-street parking for 3 cars (1 garage + 2 driveway). Just minutes to the 9th Street beach/boardwalk, the Music Pier, and all the shopping and dining along Asbury Avenue. Schedule your private tour today!!

Property 2

840 Wesley Ave # 842, Ocean City

  • 5

  • 3.0

  • $1775000