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240 Sherman Avenue #FRONT

Seaside Heights, NJ 08751
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Bed 4

Bed

Bath 2

Bath

Acres0.05

Acre(Lot)

Welcome to this fully renovated Multi-family (3 units) 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. 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 income from the others, this versatile property offers a variety of possibilities. Enjoy the best of year-round Jersey Shore living, conveniently located near the beaches, boardwalk, local attractions, and popular restaurants. Schedule your private tour today. Don't Miss!!

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Detail Ic Property Details

Property Type : Residential Income

Price : $694,000

AD Id : 91271512

MLS Id : 22629214

Beds : 4

Lot Size : 0.05 Acre

Tax Amount : $8,563

Year Built : 1946

County : Ocean

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    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 Building Area Total: 768 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: $694000 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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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
39 Franklin Avenue, Seaside Heights, NJ, 08751 $725,000 4 2 -- 0.04 Acre
41 Lincoln Avenue, Seaside Heights, NJ, 08751 $999,999 7 4 -- 0.05 Acre
43 Lincoln Avenue, Seaside Heights, NJ, 08751 $849,000 6 3 -- --
44 Hancock Avenue, Seaside Heights, NJ, 08751 $1,550,000 9 5 -- 0.09 Acre
51 Franklin Avenue, Seaside Heights, NJ, 08751 $960,000 8 5 -- 0.06 Acre
52 Kearney Avenue #5 FA.., Seaside Heights, NJ, 08751 $1,689,000 11 7 -- 0.26 Acre
57 Blaine Avenue, Seaside Heights, NJ, 08751 $1,450,000 8 4 -- 0.09 Acre
15 7th Avenue, Seaside Heights, NJ, 08751 $1,839,999 7 5 -- 0.11 Acre
1118 Boulevard, Seaside Heights, NJ, 08751 $931,000 6 3 -- --
1120 Boulevard, Seaside Heights, NJ, 08751 $1,599,000 5 4 -- 0.09 Acre

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 09/29/2026 @ 23:58

MLS: 22629214 LISTED BY: Dilip Luthra, Realty MarkCentral 609-716-8400 SOURCE: Monmouth Ocean Regional Multiple Listing Service

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