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$694,000

Listing Price

4beds

2baths

768sqft

2,500sqft lot

240 Sherman Ave, Seaside Heights, NJ 08751

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

--

Price / sqft

1946

Year built

Home Details

Welcome to this fully renovated Multi-family (3 units) 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!!

Interior Details

Square Feet
  • 768

Bedrooms
  • 4

Bathrooms
  • 2

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Forced Air With Air Conditioning

Cooling
  • Has Cooling:

    No

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Gas

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 2500

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • Bungalow

Exterior
  • N/A

Foundation
  • N/A

Roof
  • Gable

Roofing Material
  • Asbestos

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$4,950

$100,000

$103,900

--%

$203,900

2019

$4,801

$100,000

$103,900

--%

$203,900

2018

$4,675

$100,000

$103,900

--%

$203,900

2017

$4,587

$100,000

$103,900

--%

$203,900

2016

$4,510

$100,000

$103,900

--%

$203,900

2013

$3,721

$100,000

$103,900

--%

$203,900

2013

$3,721

$100,000

$103,900

--%

$203,900

2012

$3,930

$187,500

$79,700

--%

$267,200

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Average Home Price in 08751

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3 Beds

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4 Beds

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Sold 10/13/2026

$1,200,340

2 Beds

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Sold 10/13/2026

$450,000

3 Beds

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Sold 10/13/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
694,000
$
Down payment
138,800
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
4,164
$
HOA (Monthly)
0
$
PMI
0
$
$4,492
Your Payment
Total Monthly Payment:$4,492
Percent of Income:77%
Affordable:No

Details for 240 SHERMAN AVE

Property Debt

Foreclosure Contact Details

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