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240 Sherman Avenue

Seaside Heights, NJ 08751
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Bed 4

Bed

Bath 3

Bath

Acres0.05

Acre(Lot)

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, 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $699,000

AD Id : 77041044

MLS Id : 22610008

Beds : 4

Lot Size : 0.05 Acre

Year Built : 1946

County : Ocean

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Room Information

    Basement: Crawl Space
  • Flooring Information

    Laminate
  • Roofing Information

    Shingle
  • Interior Features

    Roof: Shingle Appliances: Gas Water Heater, Tankless Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 1946 Stories: 1 Private Pool: No

  • Lot Information

    Lot Dimensions: 25 x 100 Main Square Feet: 0.05 Acres Lot Size Acres: 0.05 Lot Size Square Feet: 2178

    Property Information

    Subdivision: None Source Property Type: Residential Income MLS Area Minor: Seaside Heights (SEH) Property SubType: Triplex Property Age: 80

  • Listing Price Information

    Listing Price: $699000 Cash, Conventional

  • Tax Information

    Parcel Number: 27-00053-0000-00019 Tax Lot: 19 Tax Block: 53 Tax Year: 2025 Annual Tax: $8563

  • Parking Information

    On Street, None

  • Location Information

    Direction: Central To Sherman Ave. WaterSource: Public
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange ("IDX") program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. 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. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.

ByOwner last updated this listing 06/17/2026 @ 22:12

MLS: 22610008 LISTED BY: Dawn Geraldi, Keller Williams Realty Ocean Living 848-241-6955 SOURCE: Monmouth Ocean Regional Multiple Listing Service

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