Renovated Three-Unit
New
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 Market6
Property Features for 240 Sherman Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 3, Bathroom 1
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
Last Checked: Sep 20 at 5:06PM
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 renovated triplex contains 3 residential units across a front residence and a rear home. The front structure includes two 1-bedroom, 1-bathroom apartments, while the rear residence provides a 2-bedroom, 1-bathroom layout. Improvements throughout include laminate flooring, white cabinetry, stainless steel appliances, tankless water heaters, recessed lighting, ceiling fans, stand-up shower enclosures, forced-air heating, and central air conditioning. The property measures 768 square feet and was built in 1946.
All three units are rented year-round. A coin-operated washer and dryer serve the property, and each unit has dedicated storage. Public water and public sewer are in place, with on-street parking available. The property is located at 240 Sherman Avenue in Seaside Heights, near beaches, the boardwalk, local attractions, and restaurants.
All three units are rented year-round. A coin-operated washer and dryer serve the property, and each unit has dedicated storage. Public water and public sewer are in place, with on-street parking available. The property is located at 240 Sherman Avenue in Seaside Heights, near beaches, the boardwalk, local attractions, and restaurants.
Key Highlights
- 3‑unit triplex with two 1‑bedroom, 1‑bathroom units and one 2‑bedroom, 1‑bathroom unit
- Fully renovated interiors with stainless steel appliances, white cabinetry, and laminate flooring
- All three units are rented year‑round
Property Analytics
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Current Use
Lease Details
3
Residential units
100%
Occupancy
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 - Updated income property with two one-bedroom units, one two-bedroom unit, shared 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: 3‑unit triplex with two 1‑bedroom, 1‑bathroom units and one 2‑bedroom, 1‑bathroom unit; Fully renovated interiors with stainless steel appliances, white cabinetry, and laminate flooring; All three units are rented year‑round
