240 Sherman Avenue 3, Seaside Heights, NJ 08751 (MLS# 22610008)

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
240 Sherman Avenue 3, Seaside Heights, NJ 08751- MLS# 22610008
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