240 Sherman Avenue Unit 3 Seaside Heights, NJ $ 715,000
240 Sherman Avenue Unit 3
$ 715,000
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240 Sherman Avenue Unit 3

Seaside Heights, NJ, 08751
$ 715,000
Bedrooms4 Baths0.0

Monthly Estimate*

$ 4,402

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Multi-Family Home for sale in Seaside Heights, NJ

for $715,000 with 4 bedrooms. This home was built in 1946 on a lot size of 0.05.

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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Multi-Family Active

Price

$ 715,000

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 8,563

Style

Lot Size

0.05

Year Built

1946

Town/City

Seaside Heights

County/Region

Ocean

MLS | Web ID

22610008

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Central Air
Roof Shingle
Garage Spaces 0.0
Exclusions tenants furniture and personal belongings
Year Built 1946
Tenant Pays Grounds Care Snow Removal Gas Electricity
Stories Count 1
Unit Number 3
Property Subtype Three Family
Tax Year 2025
County Ocean
New Construction N
Property Type Multi-Family
Attached Garage N
Subdivision Name None
Garage Y/N N
Full Baths 3
Status Active
Directions Central To Sherman Ave.
City Seaside Heights
Number Of Units Total 3
MLS Area Seaside Heights
Lot Size Units Acres
Lot Size Square Feet 2178.0
Carport Y/N N
Tax Annual Amount 8563.0
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor Seaside Heights (SEH)
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
TaxOtherAnnualAssessmentAmount 666900.0
Senior Community None
Water Body Access Y/N None
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Interior
Basement Crawl Space
Flooring Laminate
Total Fireplaces 0
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Half Baths 0
Total Bedrooms 4
Total Baths 3
Heating-Forced Air True
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Exterior
Parking Features On Street None
Water Source Public
Lot Size Area 0.05
Spa N
Lot Dimensions 25 x 100
Lot Size Acres 0.05
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 240
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* Excluded Features
List By
Dawn Geraldi

Listing Agent

Keller Williams Realty Ocean Living

Broker

dawnsellsjerseyshore@gmail.com

Email

Affordability Calculator

$5,116
Per Month
86%
14%
0%
Monthly Principal & Interest
$4,402
Monthly Property Taxes
$714
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
742343 Elementary School
742618 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/13/2026$715,000 Listed Price

Map


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240 Sherman Avenue Unit 3, Seaside Heights, NJ, 08751 is a Multi-Family Home for sale at $715,000 with a lot size of 0.05. 240 Sherman Avenue Unit 3 has 4 bedrooms, 0.0 baths, and was built in 1946. The property's zip code is 08751 which is in Seaside Heights, NJ