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About This Home

This 4-bedroom, 3-bathroom residential multi family at 240 Sherman Avenue unit: 3 in Seaside Heights, NJ is listed for $715,000. Built in 1946, on a 0.05 acres lot.

Agent 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.

Key Features

  • Built in 1946
  • 0.05 acre lot

Property Details

1 story
3 full
1946

Amenities

A/C

Monthly Cost Estimate

$3,824/mo

20% down · 6.5% · 30 years

Principal$517
Interest$3,098
Insurance$209

Estimates only. Actual payments may vary.

Location

240 Sherman Avenue unit: 3

Seaside Heights, NJ 08751

Property Details

Flooring

Laminate

Parking

On Street

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 4-bedroom, 3-bathroom residential multi family at 240 Sherman Avenue unit: 3 is listed at $715,000. The estimated monthly payment is $3,098 based on 20% down at 6.5% interest.

Key features include: Built in 1946, 0.05 acre lot.

This property is listed by Dawn Geraldi and can be reached at 8482416955 or dawnsellsjerseyshore@gmail.com.

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DG

Dawn Geraldi

Agent at Keller Williams Realty Ocean Living

(848) 241-6955

Listed by Keller Williams Realty Ocean Living · View on Broker Site

MLS# 22610008· Source: listhub· Updated 1 days ago

Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

240 Sherman Avenue unit: 3, Seaside Heights, NJ 08751

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