240 Sherman Avenue Front, Seaside Heights, NJ 08751 (MLS# 22629214)

240 Sherman Avenue Front, Seaside Heights, NJ 08751

New Listing

$694,000

Property Type: Multi-Family Bedrooms: 4 Baths: 2 Square Footage: 768 Lot Size (sq. ft.): 2,178 Status: Active

Current Price: $694,000 List Date: 9/16/2026 Last Modified: 9/16/2026

Overview

Description

Welcome to this fully renovated 3-family property, ideally located at the Jersey Shore and offering an excellent opportunity for investors or owner-occupants. 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-bathroom layout, providing flexibility for rental income or owner occupancy. All three units have been meticulously upgraded with new flooring, stylish white cabinetry, stainless steel appliances, tankless water heaters, and energy-efficient heating and cooling systems. Additional improvements include recessed lighting, ceiling fans, and sleek stand-up shower enclosures, creating comfortable, modern living spaces throughout.

Supplements: All three units are currently rented year-round, generating over $50,000 in annual rental income and providing immediate income potential. Additional property features include a coin-operated washer and dryer and dedicated storage for each unit. Whether you're looking to expand your investment portfolio or live in one unit while generating rental i ... (Read more)

Listing Details MLS# 22629214

Contract Info

List Price/SqFt: 903.65
Property Sub-Type: Three Family
New Construction: No

Location

House Number: 240
Street Name: Sherman
Street Suffix: Avenue
Unit/Suite #: Front
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
Full Baths: 2
Total Baths: 2
# Levels: Yes
Apx SqFt: 768
Grandfathered: N
Apx Year Built: 1946
Fireplace: No
Handicap Access: 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: Yes
Bedroom Level: Yes
# Full Baths: Yes
Kitchen Level: Yes
Living Room Level: Yes
Rent: 1350

Unit 2

# Bedrooms: Yes
Bedroom Level: Yes
# Full Baths: Yes
Kitchen Level: Yes
Living Room Level: Yes
Rent: 1450

More Information

Unit 3

# Bedrooms: 2
Bedroom Level: Yes
Kitchen Level: Yes
Living Room Level: Yes
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: Assessed

Listing Office: Realty MarkCentral

Listing Agent: Dilip Luthra

Last Updated: September - 16 - 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.