900 Wesley Avenue, Unit 101

Ocean City, NJ 08226

$599,900
Price
2
Beds
2
Baths
812 Sq. Ft.
$739 / Sq. Ft.
812
Sq. Ft.
$739
per Sq. Ft.

Description

#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...#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!
  1. Listed by JESSE BRIGLIA • Fox Real Estate-Ocean

Property Details for 900 Wesley Avenue, Unit 101

City/Community
Ocean City
Class
CONDOMINIUM
Parking - Exterior
Off Site Parking
Waterfront (Y/N)
No

Location

Listing Courtesy of Fox Real Estate-Ocean
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LISTING UPDATED: 04/22/2024 11:02 AM

Property Details for 900 Wesley Avenue, Unit 101

StatusActive
MLS #582123
Days on Market77
Taxes$2,667 / year
HOA Fees$456
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCONDOMINIUM / Condo
Year Built-
CountyCape May County

Location

Listing Courtesy of Fox Real Estate-Ocean
Add your commute

Building Information for 900 Wesley Avenue, Unit 101

Building/ComplexSun BeachFloor1Stories2Residences-Pet Policy-Year Built-

Payment Calculator

$3,952 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,274

Property Taxes

$222

HOA Dues

$456

The Payment Calculator is for illustrative purposes only.

Property Information for 900 Wesley Avenue, Unit 101

Summary
Location and General Information
  • Address: 900 Wesley Ave
  • Address Number: 900
  • Address Search Number: 900
  • Address Street: Wesley
  • Area: Ocean City/Central
  • Condo Name: Sun Beach
  • County: Cape May
  • Directions: Directly on the Southwest Corner of 9th & Wesley Ave.
  • Fips Code: 34009
  • Location: Corner
  • State: NJ
  • Street Designation: Ave
  • Unit #: #101
  • Unit Location: End Unit, First Floor
  • Zip: 08226
Owner
  • Owner: Briglia
Parking
  • Garage: None
  • Monthly Parking Fee: $66
Taxes and HOA Information
  • Assoc Fee Includes: Amenities, Insurance, Maintenance, Management, Sewer, Trash, Water, Other Utilities, Cable, Pool
  • LVT Date: 02-13-2024
  • Management: Association
  • Monthly Assoc Fees: $456
  • Tax Year: 2023
  • Taxes: 2667
Virtual Tour
Property
Lot Information
  • Approved Short Sale?: N/A
  • Approx SQFT: 812
  • Block #: 903
  • Lot #: 15-C101
  • Lot Dimensions: 812 sq.ft.
Property and Assessments
  • # of Levels in Unit: One
  • # of Stories in Bldg: Two
  • Age: 6 to 10 Years
  • Also Includes: Blinds, Furnished
  • Associated Document Count: 8
  • Common Area Features: Cable TV, Deck/Porch, Outside Shower, Patio, Pool, Storage Facility
  • Doc Timestamp: 04-09-2024
  • Improved Value: $181,000
  • Land Value: $68,000
  • New Construction: No
  • Total Assessment: 249000
  • Water: Public Water
  • Adult Community/55+: No
Utilities
  • Full Baths: 2
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Siding/Exterior: Concrete, Masonry/Block, Stucco
Interior Features
  • Air Conditioning: Ceiling Fan(s), Electric, Wall Units
  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 2
  • Half Baths: 0
  • Heating: Electric, Space/Wall/Floor
  • Other Rooms: Breakfast Nook, Laundry/Utility Room, Primary BR on 1st floor
  • Rooms: 7
  • Unit Features: Foyer, Master Bath
Multi Family
Multi-Family Information
  • Limited Service (Y/N): No
Rental
Rental Information
  • Pets: No pets allowed

Property History for 900 Wesley Avenue, Unit 101

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 900 Wesley Avenue, Unit 101

Taxable ValueLand$68,000Additions$181,000Total$249,000
Tax Record2022$2,562 ($214 / month)
Home Facts
Beds0Stories1Lot Size24,002 SqFtStyleCondominiumCountyCAPE MAYAPN08 00903-0000-00015-0000-C101

Schools near 900 Wesley Avenue, Unit 101

This home is within Ocean City School District.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 4 to 8
Public - 9 to 12
Private - K to 8
Rating
School
Distance
Ocean City Primary School
PublicPK to 3

Ocean City Intermediate School
Public4 to 8

Ocean City High School
Public9 to 12

St. Augustine Regional School
PrivateK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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900 Wesley Avenue, Unit 101 is a condo for sale in Ocean City, NJ 08226. This property was listed for sale on February 13, 2024 by Fox Real Estate-Ocean, it's currently listed at $599,900. It has been on the market for a total of 77 days and was last sold on June 29, 2006. This listing's school district is Ocean City School District. Nearby schools include Ocean City Primary School, Ocean City Intermediate School and Ocean City High School. 900 Wesley Avenue, Unit 101 is a 2-bed, 2-bath, 812 sqft condo.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Fox Real Estate-Ocean

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.