240 Sherman Avenue, Seaside Heights, NJ

$699,000

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4

Beds

3

Baths

0.05

Acres

About 240 Sherman Avenue

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.

Features of 240 Sherman Avenue

MLS® # 22610008
Price $699,000
Bedrooms 4
Bathrooms 3.00
Full Baths 3
Acres 0.05
Year Built 1946
Type Multi-Family
Sub-Type Three Family
Status Active

Community Information

Address 240 Sherman Avenue
Area Seaside Heights (SEH)
Subdivision Seaside Heights
City Seaside Heights
County Ocean
State NJ
Zip Code 08751

Amenities

Parking On Street, None
Garages None
Is Waterfront No
Has Pool No

Interior

Heating Forced Air
Cooling Central Air
Fireplace No
# of Stories 1

Exterior

Roof Shingle

Additional Information

Short Sale No
RE / Bank Owned No

Listing Details

AgentDawn Geraldi
OfficeKeller Williams Realty Ocean Living

Listing Map

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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 County Association of REALTORS®, and is updated as of August 12th, 2026 at 4:13am EDT (date/time). 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.