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Patric Santo Pietro

[email protected] +1(732) 570-5442

$ 699,000

Est. payment -/mo

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Price Dropped by $16K

240 Sherman Avenue Seaside Heights, NJ 08751

4 Beds

3 Baths

2,178 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Three Family

Listing Status Active

Purchase Type For Sale

Municipality Seaside Heights (SEH)

MLS Listing ID 22610008

Bedrooms 4

Full Baths 3

Year Built 1946

Annual Tax Amount $8,563

Tax Year 2025

Lot Size 2,178 Sqft

Acres 0.05

Lot Dimensions 25 x 100

Property Sub-Type Three Family

Source MOREMLS (Monmouth Ocean Regional REALTORS®)

Property 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.

Location

State NJ

County Ocean

Area Seaside Heights

Building/Complex Name None

Direction Central To Sherman Ave.

Rooms

Basement Crawl Space

Interior

Heating Forced Air

Cooling Central Air

Flooring Laminate

Exterior

Parking Features On Street, None

Roof Type Shingle

Garage No

Private Pool No

Building

Sewer Public Sewer

Water Public

Others

Senior Community No

Tax ID 27-00053-0000-00019

Listed by Keller Williams Realty Ocean Living

NEARBY SCHOOL & BUSINESS

Patric Santo Pietro

Agent License ID: 1007170

+1(732) 570-5442

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Patric Santo Pietro

240 Sherman Avenue Seaside Heights, NJ 08751

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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240 Sherman Avenue