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(732) 444-8622 Keller Williams Realty

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 ...

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
Basement
No
# Car Garage
0

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

Remarks & Misc

Excluded
Current Tenants personal belongings and furniture

Water/Sewer

Public Sewer
Yes
Public Water
Yes

Floors

Laminate
Yes

Basement

Crawl Space
Yes

Cooling

Central Air
Yes

Water Heater

Natural Gas
Yes
Tankless
Yes

Heating

Forced Air
Yes
Natural Gas
Yes

Parking

On Street
Yes

Garage

None
Yes

Assessment Status

Assessed
Yes

Siding

Vinyl
Yes

Roof

Shingle
Yes

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
IDX
Listing Office: Realty MarkCentral
Listing Agent: Dilip Luthra
Source MLS Verified
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.