900 Wesley Ave

Ocean City, NJ
$ 399,900 Beds 2 Baths 2
Monthly Estimate* How much can I afford?

2020 Rent income $36,612.36 net after commissions. Rents solid year after year. (2021 Has 21 weeks rented, over $37,445). This unit was completely gutted and remodeled. 2 short blocks to center of boardwalk and 9th/10th St. beaches. Perfect center city location, EVERYTHING within walking distance! Largest unit in building (@956 sq.ft.). 2BR, 2.BA that Sleeps EIGHT (8). Granite countertops and wood cabinets throughout. In-unit washer/dryer. BR's are on opposite sides of the apartment for extra privacy. Parking for 1 car (City owned Lot, rented annually @$800/yr. off-site). Complex has heated swimming pool, BBQ area and a large spacious sun deck. Condo Fee Includes wi-fi, cable, hot water. 39 unit condo building has a 25% +/- mix of owners that rent weekly or seasonally in the summer and 75% that don't rent at all. Check Associated Docs for P&L. OWNER FINANCING AVAILABLE TO QUALIFIED BUYER. $100,000 Down, 4%, 30 year amortization, 5 year balloon. NOTE - After 5/1/21 all showings Saturdays only 11AM-2PM. This used to be the front rental office for the Sun Beach when the Sun Beach was a motel. Even though Sun Beach no longer operates as a motel, this is still considered a commercial property. It requires a commercial mortgage, a cash buyer or take advantage of the Seller financing. The seller will also buy down any rate differences between a commercial loan and a residential loan.

Condos

  • Price
  • $ 399,900
  • Lot Size
  • Bedrooms
  • 2
  • Full Bathrooms
  • 2
  • Half Bathrooms
  • 0
  • City, Zip
  • Ocean City
  • Taxes
  • $ 2435
  • County
  • CAPE MAY
  • Style
  • Area
  • Ocean City-Central
  • MLS#
  • 547986
  • Zip
  • 08226
Listing Provided by: Fox Real Estate-Ocean
Data Source: South Jersey Shore Regional MLS (SJSRMLS) - 141 - NJ

Features

General

Appliances Dishwasher, Disposal, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
Assoc. Fee Includes Amenities, Cable, Insurance, Maintenance, Management, Other Utilities, Pool, Sewer, Trash, Water
Beds 2
Class CONDOMINIUM
Common Area Features Cable TV, Deck/Porch, Outside Shower, Patio, Pool, Storage Facility
Condo Name Sun Beach
Full Baths 2
Garage None
Heating Electric, Space/Wall/Floor
Listing Area Ocean City/Central
Location Corner
Pets Allowed Y/N No pets allowed
Rooms 7
Sewer Public Sewer
Status Active
Status Active
Stories Two
Tax Year 2020
Taxes 2435
Type Condo
Unit Number #101
Water Public Water

Interior Features

Air Conditioning Ceiling Fan(s), Electric, Wall Units
Other Rooms Breakfast Nook, Laundry/Utility Room, Master BR on 1st floor
Unit Features Foyer, Master Bath
Unit Levels One

Exterior Features

Exterior Concrete, Masonry/Block, Stucco

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Villas, NJ office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

3/6/2021 Listed $399,900

Property vs Zip Code Average in 08226

Price
AVG $980K
$400K
Taxes
AVG $4,306
$2,435
Visits
AVG 37
117
Walkscore
AVG 51
77
Data Provided by Walkscore ® not using MLS data

Map

900 Wesley Ave Ocean City, NJ is a Single Family Home for sale at $399900 and a lot size of Acre(s). 900 Wesley Ave Ocean City has 2 bedrooms, 2 baths . The property's zip code is 08226 which is in Ocean City, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.