240 Sherman Avenue, Unit 0

Property feature image
Property gallery image
Address: 240 Sherman Ave #0, Seaside Heights, NJ 08751, USA
New York & Tri-State + 2-4 Units
Created date: September 17, 2026
Date last updated: September 17, 2026
Price: $694,000Investment Analyzer NEW!

Property 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. 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 income from the others, this versatile property offers a variety of possibilities. Enjoy the best of year-round Jersey Shore living, conveniently located near the beaches, boardwalk, local attractions, and popular restaurants. Schedule your private tour today. Don't Miss!!

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $694,000
No. of Units: 3
Year Built: 1946
Lot Size: 768.00 Sq ft
Opportunity Zone: No
Price per unit: $231,333
Property Website Click Here
Number of Bedrooms: 4
Number of Bathrooms: 2
Address: 240 Sherman Avenue, Unit 0, Seaside Heights, NJ 08751, USA
Provided by:

Investment Analyzer

Step 1Financing Calculation

$
$
%
$
%
$
$

Step 2Gross Rent Analysis

Please enter annual amounts.

$
$
%
$
%
$
%
$
%
$
%
$
%
$
%
$
$

Step 3Final Deal Analysis

$
$
%
%
$
$

Similar Properties in the Area

126 De Witt Avenue

Asbury Park, New Jersey
New York & Tri-State + 2-4 Units
Units: 2
Price: $525,000

145 Chestnut Street

Red Bank, New Jersey
New York & Tri-State + 2-4 Units
Units: 2
Price: $1,399,000

411 7th Avenue

Asbury Park, New Jersey
New York & Tri-State + 2-4 Units
Units: 3
Price: $1,900,000

Brokers

View All

Lenders

View All