Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
0 Beds
0 Baths

$2,695,000

816 Wesley Ave, Ocean City NJ, 08226

Property typeMulti-family

Overview

Active

Listed May 22, 2026

Updated 12 days ago

REDUCED $200,000! ALL REASONABLE OFFERS CONSIDERED! 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!

$17,930/mo

Est. mortgage payment based on a $2,695,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$6,777
Tax Frequency
Annually

Listed by MICHAEL G CONTINO with BHHS FOX and ROACH-Simpson OC
Listing Contact:  

The IDX display contains information sourced from the South Jersey Shore Regional MLS as of 9/29/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 South Jersey Shore Regional MLS all rights reserved.

Data last updated on 9/29/2026 at 3:16 AM UTC

 

Powered by Luxury Presence