240 Sherman Avenue Unit 3, Seaside Heights, NJ 08751
None · Ocean County
Key Facts
Description
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.
Property Information
Property Type
Residential Income
Sub-Type
Triplex
Year Built
1946
Lot Size
0.05 acres
Lot Dimensions
25 x 100
Ownership
Individual(s)
Days on Market
64
MLS® Listing#
22610008
Property Features
Appliances
Cooling
Heating
Flooring
Basement
Parking
Roof
Sewer
Water Source
Financial Details
Annual Taxes
$8,563
Tax year 2025
Parcel Number
27-00053-0000-00019
Directions
Central To Sherman Ave.
Affordability Calculator
$139,800
Estimated monthly payment
$3,720/mo
Principal $559,200 · Est. interest $780,134 over 30 yrs
Location
- 240 Sherman Avenue Unit 3, Seaside Heights, NJ 08751
Getting Around
Points of Interest in Seaside Heights, NJ
Showing the Seaside Heights area map.
Nearby Schools
Hugh J Boyd Junior Elementary School
Elementary · 0.2 mi away
The Ultimate Scholar II
School · 0.4 mi away
Faith Lutheran Pre School
School · 1.5 mi away
Seaside Park Elementary School
Elementary · 1.6 mi away
Lavallette Elementary School
Elementary · 1.7 mi away
Toms River High School East
Secondary · 3.7 mi away
Island Heights Elementary School
Elementary · 3.8 mi away
Ocean Gate School
Elementary · 3.8 mi away
Ring Around the Rosie
School · 3.9 mi away
East Dover Elementary School
Elementary · 4.1 mi away
H & M Potter School
Elementary · 4.2 mi away
Peppermint Tree
School · 4.4 mi away
Bayville Elementary School
Elementary · 4.7 mi away
Hillcrest Academy
School · 4.8 mi away
Washington Street Elementary School
Elementary · 5.0 mi away
Red Apple Country Day School
Elementary · 5.0 mi away
Cedar Grove Elementary School
Elementary · 5.2 mi away
Ocean Academy
School · 5.2 mi away
Berkeley Township Elementary School
Secondary · 5.3 mi away
Pine Beach Elementary School
Elementary · 5.5 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2030 SYCAMORE STREET, HADDON HEIGHTS, NJ | $495,000 | 4 | 3 | 2,088 |
| 225 Grant Avenue, Seaside Heights, NJ | $499,000 | 3 | 1 | 684 |
| 62 Sherman Avenue B3, Seaside Heights, NJ | $499,990 | 3 | 2 | 1,125 |
| 126 N Harvard Ave, Ventnor Heights, NJ | $500,000 | 3 | — | 1,312 |
| 401 CREST AVENUE, HADDON HEIGHTS, NJ | $539,900 | 4 | — | 2,296 |
| 121 Lincoln Avenue, Seaside Heights, NJ | $549,900 | 3 | 1 | 800 |
Moving Cost Estimate
EXIT Agents in Seaside Heights
Listing Courtesy: Keller Williams Realty Ocean Living - 8482416955
Presented by: Dawn Geraldi