Scott Wolf and Wife Welcome a Boy!

Scott Wolf and Wife Welcome a Boy!
Scott and Kelley Wolf
Amy Sussman/Getty

04/01/2009 AT 01:40 PM EDT

It's a party of three for Scott Wolf and his wife, Kelley!

The couple have welcomed a son named Jackson Kayse Wolf, a rep for the former Party of Five actor tells PEOPLE. The baby, who was born March 22, weighed 7 lbs.

"Kelley and I are having the time of our lives. Words can't describe the love we have for our son Jackson," says Wolf. "He is the most fun person we have ever met, and we feel so lucky he has joined our family."

This is the first child for Wolf, 40, and Kelley, 32, who appeared on Real World: New Orleans.

Reporting by MONICA RIZZO

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