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For sale
  • Price cut: $200K (7/13)
    $2,995,000

    816 Wesley Ave, Ocean City, NJ 08226

    --beds
    --baths
    5,694sqft
    : 
    $17,958/mo
    Get pre-qualified
    Multi Family
    Built in ----
    -- sqft lot
    $2,828,700 Zestimate®
    $526/sqft
    $-- HOA

    What's special

    Classic switch platesHardwood floorsOriginal fixturesNewer windowsTankless water heaterAll-new electricEnclosed outdoor shower
    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!
    86 days
    |
    369
    |
    10
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    Zillow last checked:

    Listing updated:

    Listed by:

    MICHAEL G CONTINO 609-335-9100,

    BHHS FOX and ROACH-Simpson OC,

    MICHAEL C CONTINO 610-517-8369,

    BHHS FOX and ROACH-Simpson OC

    Source: SJSRMLS,MLS#: 608134MLS Logo

      Facts & features

      Interior

      Rooms
      • Room types: Dining Room, Great Room, Kitchen, Laundry, Living Room
      Heating
      • Forced Air, Natural Gas, Hot Water, See Remarks
      Cooling
      • Ceiling Fan(s), Central Air
      Appliances
      • Included: Dryer, Gas Stove, Refrigerator, Self Cleaning Oven, Washer
      Features
      • Windows: Blinds, Insulated Windows, Screens
      • Basement: Slab
      • Has fireplace: No
      Interior area
      • Total structure area: 5,694
      • Total interior livable area: 5,694 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Parking Pad, None
      Accessibility
      • Accessibility features: Handicap Access
      Features
      • Exterior features: Sprinkler System
      • Has view: Yes
      • View description: See Remarks
      • Waterfront features: Boardwalk Area
      Lot
      • Size: 5,280 Square Feet
      • Dimensions: 44 x 120
      Details
      • Parcel number: 16

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Vinyl
      • Foundation: Slab
      Condition
      • New construction: No

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Ocean City

      Financial & listing details

      • Price per square foot: $526/sqft
      • Annual tax amount: $6,777
      • Date on market: 5/22/2026
      • Date available: 05/22/2026
      • Inclusions: Blinds, See Remarks
      • Road surface type: Sidewalks

        Estimated market value

        $2,828,700

        $2.69M - $2.97M

        $1,526/mo

        Price history

        DateEventPrice
        7/13/2026Price change$2,995,000-6.3%$526/sqft
        Source: SJSRMLS #608134 Report a problem
        5/22/2026Listed for sale$3,195,000+59.8%$561/sqft
        Source: SJSRMLS #608134 Report a problem
        11/4/2022Sold$2,000,000$351/sqft
        Source: SJSRMLS #568630 Report a problem
        11/1/2022Pending sale$2,000,000-20%$351/sqft
        Source: SJSRMLS #568630 Report a problem
        10/18/2022Listing removed--
        Source: SJSRMLS #562814 Report a problem
        5/11/2022Listed for sale$2,500,000$439/sqft
        Source: SJSRMLS #562814 Report a problem
        5/10/2022Listing removed--
        Source: Owner Report a problem
        2/9/2022Listed for sale$2,500,000+25%$439/sqft
        Source: Owner Report a problem
        2/5/2022Listing removed--
        Source: SJSRMLS #556303 Report a problem
        10/8/2021Listed for sale$2,000,000$351/sqft
        Source: SJSRMLS #556303 Report a problem
        10/1/2021Listing removed--
        Source: SJSRMLS #548660 Report a problem
        3/24/2021Listed for sale$2,000,000+29%$351/sqft
        Source: SJSRMLS #548660 Report a problem
        11/16/2020Listing removed$1,550,000$272/sqft
        Source: GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY #538512 Report a problem
        8/22/2020Price change$1,550,000-8.8%$272/sqft
        Source: GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY #538512 Report a problem
        6/26/2020Listed for sale$1,700,000$299/sqft
        Source: GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY #538512 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 08226

        Getting around

        90 / 100
        Very Walkable
        100 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating

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