Check Availability
$599,900
Condo - For Sale

900 Wesley Ave #101

Ocean City, NJ 08226
bedrooms
2 Beds
bathrooms
2 Baths
square feet
812 Sqft
$3,168
Estimated Monthly
29.56%
Cap Rate

About This Property

#101 Sun Beach Condo - 2BR, 2BA residential condo (812 sq.ft. +/-) with heated pool. Sleeps 8. Huge 2nd BR with two queen beds. Master BR with king bed plus full sleep-sofa (Flexsteel) pull-out in LR. Split floorplan has bedrooms on opposite sides of the apartment for added privacy. This building has no front desk and no rental restrictions. Most of the 38 residential units are used as 2nd home vacation get-aways. Use the property as a 2nd home or rent it - use local Realtors, or do it yourself via VRBO, AirBB or others. Currently it's a rental property. Consistently grosses $48,000-$55,000+ every year. Read the Guest Reviews Below! Center City location puts everything a few short blocks away...EZ walking distance to the Beach and the Boardwalk and the shopping on Asbury Avenue. Granite countertops in the kitchen, breakfast bar, dining booth and in both baths. Upgraded wood cabinets in kitchen & baths. In-unit washer/dryer (all others use coin-op common laundry). Complex has heated pool, BBQ area, storage and spacious upper sundeck with loungers, tables & chairs. Sold Fully Furnished & equipped as is. Condo fee includes hot water, TV Cable & Wifi, flood/fire insurance, exterior maintenance. One car parking off-site. Check Associated Docs for lots more info.                                                       INVESTORS! Please check out the attached Investment Property Analysis. This property has a multi-year stable rental track record. With 20% down at 7%, 30 years, the property has an after tax (24% Tax Bracket) POSITIVE CASH FLOW starting at year ONE! Try to find that with other properties you are considering!

The manager has listed the unit size as 812 square feet.
Unit Size
812Ft²
Days on Market
100 days
Land Size
-
Price per sqft
$739
Property Type
Condo
Property Taxes
$222
HOA Dues
-
Year Built
-

Listed By

JESSE BRIGLIA
Fox Real Estate-Ocean
Last updated: 5 days ago (SJSRMLSNJ #582123)

Price History

Date / Event Date Event Price
Feb 13, 2024 Listed by JESSE REAL ESTATE $599,900
Listed by JESSE REAL ESTATE
Mar 2, 2022 No longer available -
No longer available
Sep 29, 2021 Relisted $399,900
Relisted
Sep 28, 2021 No longer available -
No longer available
Mar 7, 2021 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning
Interior Details

Interior Information

Deck
Exterior Details

Pool Information

Pool

Exterior Information

Block
Concrete Block
Masonry
Stucco

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
2 Beds
2 Baths
1,050 ft²
$514/ft²
$540,000 Nov 15, 2022
$540,000 Jan 20, 2023
-
House
3 Beds
2 Baths
1,265 ft²
$387/ft²
$490,000 Nov 11, 2019
$490,000 May 8, 2020
-
House
3 Beds
3 Baths
1,472 ft²
$423/ft²
$622,000 Aug 12, 2020
$622,000 Oct 26, 2020
-
Condo
4 Beds
3 Baths
1,632 ft²
$339/ft²
$553,000 Mar 13, 2020
$553,000 Jul 31, 2020
$450/mo
House
4 Beds
4 Baths
1,204 ft²
$415/ft²
$500,000 Apr 5, 2017
$500,000 Jun 29, 2017
-
Condo
5 Beds
4 Baths
1,854 ft²
$372/ft²
$690,000 Feb 26, 2019
$690,000 Apr 26, 2019
-
Condo
2 Beds
2 Baths
1,080 ft²
$583/ft²
$629,900 Sep 30, 2023
-
$299/mo
Condo
2 Beds
2 Baths
1,222 ft²
$565/ft²
$689,900 Mar 11, 2024
-
-
Condo
2 Beds
1.5 Baths
-
$600,000 Jan 19, 2024
-
$308/mo
Condo
2 Beds
2 Baths
-
$595,000 Dec 1, 2023
-
$0/mo
Condo
2 Beds
2 Baths
-
$595,000 Dec 1, 2023
-
$0/mo
Condo
2 Beds
2 Baths
-
$619,000 Dec 1, 2023
-
$0/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230120 Unit 117
01/20/2023
117
Studio
1 Bath
-
$239,900
bedrooms
Studio
bathrooms
1 Bath
$219,900 -8.34%
11/21/2023
-
MICHAEL DEVLIN
Berger Realty
20230118 Unit 215
01/18/2023
215
Studio
1 Bath
300 ft²
$249,900
bedrooms
Studio
bathrooms
1 Bath
square feet
300 ft²
-
-
-
MICHAEL DEVLIN
BERGER REALTY-Main
20221109 Unit 205
11/09/2022
205
Studio
1 Bath
290 ft²
$249,900
bedrooms
Studio
bathrooms
1 Bath
square feet
290 ft²
-
-
-
MICHAEL DEVLIN
BERGER REALTY-Main
20220708 Unit 215
07/08/2022
215
Studio
1 Bath
300 ft²
$239,900
bedrooms
Studio
bathrooms
1 Bath
square feet
300 ft²
-
-
-
MICHAEL DEVLIN
BERGER REALTY-Main
20220309 Unit 210
03/09/2022
210
Studio
1 Bath
-
$199,900
bedrooms
Studio
bathrooms
1 Bath
$195,000 -2.45%
11/18/2022
MICHAEL DEVLIN
BERGER REALTY-Main
20220610 Unit 103
06/10/2022
103
Studio
1 Bath
280 ft²
$199,900
bedrooms
Studio
bathrooms
1 Bath
square feet
280 ft²
-
-
-
MICHAEL DEVLIN
BERGER REALTY-Main
20220610 Unit 109
06/10/2022
109
Studio
1 Bath
280 ft²
$199,900
bedrooms
Studio
bathrooms
1 Bath
square feet
280 ft²
-
-
-
MICHAEL DEVLIN
BERGER REALTY-Main
20220309 Unit 119
03/09/2022
119
Studio
1 Bath
-
$189,900
bedrooms
Studio
bathrooms
1 Bath
-
-
-
MICHAEL DEVLIN
BERGER REALTY-Main
20220307 Unit 216
03/07/2022
216
Studio
1 Bath
380 ft²
$249,900
bedrooms
Studio
bathrooms
1 Bath
square feet
380 ft²
$220,900 -11.60%
05/23/2022
ANASTASIA SURACE
BHHS FOX and ROACH-Simpson OC
20211216 Unit 114
12/16/2021
114
Studio
1 Bath
286 ft²
$164,900
bedrooms
Studio
bathrooms
1 Bath
square feet
286 ft²
-
-
-
KEN SEDBERRY, GRI
BERGER REALTY-Main
20210306 Unit 101
03/06/2021
101
2 Bed
2 Bath
956 ft²
$399,900
bedrooms
2 Bed
bathrooms
2 Bath
square feet
956 ft²
-
-
-
JESSE BRIGLIA
Fox Real Estate-Ocean
20210210 Unit 209
02/10/2021
209
Studio
1 Bath
-
$139,900
bedrooms
Studio
bathrooms
1 Bath
-
-
-
-
20200806 Unit 202
08/06/2020
202
Studio
1 Bath
286 ft²
$129,900
bedrooms
Studio
bathrooms
1 Bath
square feet
286 ft²
-
-
-
-
20200609 Unit 101
06/09/2020
101
2 Bed
3 Bath
956 ft²
$429,900
bedrooms
2 Bed
bathrooms
3 Bath
square feet
956 ft²
-
-
-
-
20200604 Unit 219
06/04/2020
219
Studio
1 Bath
-
$134,900
bedrooms
Studio
bathrooms
1 Bath
-
-
-
-
20200310 Unit 114
03/10/2020
114
Studio
1 Bath
-
$118,900
bedrooms
Studio
bathrooms
1 Bath
-
-
-
-
20190729 Unit 109
07/29/2019
109
Studio
1 Bath
290 ft²
$119,900
bedrooms
Studio
bathrooms
1 Bath
square feet
290 ft²
-
-
-
-
20180904 Unit 116
09/04/2018
116
Studio
1 Bath
-
-
bedrooms
Studio
bathrooms
1 Bath
-
-
-
-
20180710 Unit 101
07/10/2018
101
2 Bed
2 Bath
900 ft²
-
bedrooms
2 Bed
bathrooms
2 Bath
square feet
900 ft²
-
-
-
-
20180618
06/18/2018
4 Bed
3 Bath
-
-
bedrooms
4 Bed
bathrooms
3 Bath
-
-
-
-

Building Info

900 Wesley Avenue 900 Wesley Avenue, Ocean City, NJ 08226
  • 3 Units for Sale
More about this Building
900 Wesley Avenue
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About Ocean City


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