240 Sherman Avenue 3, Seaside Heights, NJ 08751
$715,000
Property Type:
Multi-Family
Bedrooms:
4
Baths:
3
Lot Size (sq. ft.):
2,178
Status:
Active
Current Price:
$715,000
List Date:
4/13/2026
Last Modified:
4/21/2026
Description
Exceptional investment opportunity awaits with this fully renovated 3-family property, ideally located at the Jersey Shore. Offering immediate cash flow and modern upgrades throughout, this is a true turnkey asset for both seasoned and first-time investors.
The front residence features two beautifully updated 1-bedroom, 1-bathroom units, each thoughtfully designed with contemporary finishes. The rear home offers a spacious 2-bedroom, 1-bath layout, perfect for maximizing rental potential or owner occupancy. Every unit has been meticulously upgraded with new flooring, stylish white cabinetry, stainless steel appliances, tankless water heaters, and energy-efficient heating & cooling systems. Additional enhancements include recessed lighting, ceiling fans, & sleek stand-up shower enclosures,
Suppliments: delivering both comfort and modern appeal. All three units are fully rented year-round, generating over $55,000 in annual income, making this an immediate income-producing property. Additional features include a convenient coin-operated washer and dryer, as well as dedicated storage for each unit. Whether you're looking to expand your portfolio or live in one unit while renting the others, this versatile property offers endless possibilities.
More Information MLS# 22610008
Contract Info
Status: Active
List Date: 2026-04-13
List Price: $715,000
Current Price: $715,000
Property Sub-Type: Three Family
Location
House Number: 240
Street Name: Sherman
Street Suffix: Avenue
Unit/Suite #: 3
County: Ocean
Municipality: Seaside Heights (SEH)
Postal City: Seaside Heights
State: NJ
Zip Code: 08751
Area/Section: Seaside Heights
Complex/Subdivision: None
Directions: Central To Sherman Ave.
General Property Info
# Units in Bldg: 3
Bedrooms: 4
Full Baths: 3
Total Baths: 3
# Levels: 1
Apx Year Built: 1946
Fireplace: No
# Acres: 0.05
Lot Dimensions: 25 x 100
Garage: No
Pool: No
Waterfront: No
Waterview: No
Tax and Legal
Asmnt - Total: 666900
Deed Restricted: No
Taxes: 8563
Tax Year: 2025
Unit 1
# Bedrooms: 1
Bedroom Level: 1
# Full Baths: 1
Kitchen Level: 1
Living Room Level: 1
Rent: 1350
Unit 2
# Bedrooms: 1
Bedroom Level: 1
# Full Baths: 1
# Rooms: 2
Kitchen Level: 1
Living Room Level: 1
Rent: 1450
Unit 3
# Bedrooms: 2
Bedroom Level: 1
# Full Baths: 1
# Rooms: 4
Kitchen Level: 1
Living Room Level: 1
Rent: 1850
Property Features
Basement: Crawl Space
Floors: Laminate
Cooling: Central Air
Heating: Forced Air; Natural Gas
Water Heater: Natural Gas; Tankless
Siding: Vinyl
Roof: Shingle
Garage: None
Parking: On Street
Assessment Status: To Be Assessed
Landlord Pays: Water
Tenant Pays: Electricity; Gas; Grounds Care; Snow Removal
Showing: Call Agent; Showing Time
Supplements
delivering both comfort and modern appeal.
All three units are fully rented year-round, generating over $55,000 in annual income, making this an immediate income-producing property. Additional features include a convenient coin-operated washer and dryer, as well as dedicated storage for each unit. Whether you're looking to expand your portfolio or live in one unit while renting the others, this versatile property offers endless possibilities.
Listing Office: Keller Williams Realty Ocean Living
Listing Agent: Dawn Geraldi
Last Updated: April - 21 - 2026

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth Ocean Regional REALTORS®, and site contains live data. IDX information is provided exclusively 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.
