Renovated Three-Unit
For Sale
$694,000
240 Sherman Avenue, Seaside Heights, NJ 08751
Multi-Family, Seaside Heights, NJ
Property Size768 SF
Lot Size0.05 Acres
Price / SF$903.65
Days on Market22
Property Features for 240 Sherman Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Full bathrooms
3
Rooms
Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 2, Bedroom 3, Bathroom 3
Parking features
On Street
Basement
Crawl Space
Directions
Central To Sherman Ave
Subdivision
Seaside Heights
Standard status
Active
APN
27-00053-0000-00019
Size
768 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
8563
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Amenities
coin-operated washer and dryer
dedicated storage
Building Details
Year built
1946
Floors in Building
1
Number of units
3
Flooring type
Laminate
Roof type
Shingle
Listing Agency:
Realty MarkCentral
(609) 716-8400
Listed By:
Dilip Luthra · License #1221286
(215) 583-7777
Added: Sep 15
Changed: Oct 2
Last Checked: Oct 6 at 4:06PM
MLS# 22629214
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.
Investment Insights
Based on property information with market context.
This 1946 triplex contains three residences: two one-bedroom, one-bathroom units and a rear two-bedroom, one-bathroom home. The property totals 768 square feet on a 0.05-acre lot. Interior improvements include laminate flooring, white cabinetry, stainless steel appliances, recessed lighting and ceiling fans. Tankless water heaters and energy-efficient heating and cooling systems serve the units. A coin-operated washer and dryer and separate storage for each residence add shared and dedicated amenities.
All three units are rented year-round. The property has forced-air heating, central air, public water and public sewer, with on-street parking.
All three units are rented year-round. The property has forced-air heating, central air, public water and public sewer, with on-street parking.
Key Highlights
- Three residential units: two 1‑bedroom/1‑bathroom units and one 2‑bedroom/1‑bathroom home
- 768 square feet on a 0.05‑acre lot
- All three units rented year‑round
Property Analytics
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Current Use
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
636
Businesses Nearby
Explore this area
Business Placement
Demographics for 08751, NJ
3,867
Population
5,319
Households
0.7
Avg Household Size
48
Median Age
39%
College-Educated
90%
High-School Grad
1.3 sq mi
ZIP Area
2,975
Density / Sq Mi
$75,000
Median Household Income
$52,273
Median Earnings
$1,437
Median Rent
$583,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Three year-round rentals combine updated interiors with a shared coin-operated laundry and individual storage.
Where is this triplex located?
The property is located at 240 Sherman Avenue Seaside Heights, NJ.
What is the asking price?
The asking price for this property is $694,000.
What are key features of this property?
This property features: Three residential units: two 1‑bedroom/1‑bathroom units and one 2‑bedroom/1‑bathroom home; 768 square feet on a 0.05‑acre lot; All three units rented year‑round
