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For sale
    • $694,000

    240 Sherman Avenue #Front, Seaside Heights, NJ 08751

    4beds
    768sqft
    : 
    $4,493/mo
    Get pre-qualified
    Multi Family
    Built in 1946
    -- sqft lot
    $678,800 Zestimate®
    $904/sqft
    $-- HOA

    What's special

    Contemporary finishesStylish white cabinetryRecessed lightingCoin-operated washer and dryerTankless water heatersSleek stand-up shower enclosuresStainless steel appliances
    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!!
    29 days
    405
    10

    Zillow last checked:

    Listing updated:

    Listed by:

    Dilip Luthra 609-716-8400,

    Realty MarkCentral

    Source: MoreMLS,MLS#: 22629214MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Forced Air
      Cooling
      • Central Air
      Features
      • Flooring: Laminate
      • Basement: Crawl Space
      Interior area
      • Total structure area: 768
      • Total interior livable area: 768 sqft

      Property

      Parking
      • Parking features: On Street, None
      Features
      • Stories: 1
      Lot
      • Size: 2,178 Square Feet
      • Dimensions: 25 x 100
      Details
      • Parcel number: 2700053000000019

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • New construction: No
      • Year built: 1946

      Utilities & green energy

      • Sewer: Public Sewer

      Community & HOA

      Community
      • Subdivision: None
      Location
      • Region: Seaside Heights

      Financial & listing details

      • Price per square foot: $904/sqft
      • Tax assessed value: $244,100
      • Annual tax amount: $8,563
      • Date on market: 9/16/2026
      • Exclusions: Current Tenants personal belongings and furniture

        Estimated market value

        $678,800

        $645,000 - $713,000

        $2,377/mo

        Price history

        DateEventPrice
        9/16/2026Listed for sale$694,000-0.7%$904/sqft
        Source: MoreMLS #22629214 Report a problem
        9/10/2026Listing removed$699,000$910/sqft
        Source: MoreMLS #22610008 Report a problem
        8/19/2026Listed for rent$1,550-11.4%$2/sqft
        Source: MoreMLS #22625903 Report a problem
        6/17/2026Price change$699,000-2.2%$910/sqft
        Source: MoreMLS #22610008 Report a problem
        4/13/2026Listed for sale$715,000+10%$931/sqft
        Source: MoreMLS #22610008 Report a problem
        7/31/2023Sold$650,000-1.5%$846/sqft
        Source: MoreMLS #22316113 Report a problem
        6/23/2023Pending sale$660,000$859/sqft
        Source: MoreMLS #22316113 Report a problem
        6/22/2023Listing removed--
        Source: MoreMLS #22316113 Report a problem
        6/14/2023Listed for sale$660,000+32%$859/sqft
        Source: MoreMLS #22316113 Report a problem
        3/14/2023Listing removed--
        Source: Zillow Rentals Report a problem
        2/13/2023Price change$1,750+2.9%$2/sqft
        Source: Zillow Rentals Report a problem
        2/7/2023Price change$1,700-2.9%$2/sqft
        Source: Zillow Rentals Report a problem
        1/31/2023Price change$1,750-2.8%$2/sqft
        Source: Zillow Rentals Report a problem
        1/14/2023Listed for rent$1,800$2/sqft
        Source: Zillow Rentals Report a problem
        8/13/2021Sold$500,000$651/sqft
        Source: MoreMLS #22119429 Report a problem
        7/6/2021Pending sale$500,000$651/sqft
        Source: MoreMLS #22119429 Report a problem
        6/17/2021Listed for sale$500,000+400%$651/sqft
        Source: MoreMLS #22119429 Report a problem
        8/9/2019Sold$100,000$130/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2023$6,105 +3.3%$244,100
        2022$5,907 $244,100
        2021$5,907 +23%$244,100 +19.7%
        2020$4,802 +2.7%$203,900
        2019$4,675 +1.9%$203,900
        2018$4,588 +1.7%$203,900
        2017$4,510 +3.6%$203,900
        2016$4,353 +9.2%$203,900
        2015$3,986 +7.1%$203,900
        2014$3,721 -5.3%$203,900 -23.7%
        2012$3,931 +2.7%$267,200
        2011$3,826 +9.6%$267,200
        2010$3,490 +7.9%$267,200
        2009$3,233 -1.2%$267,200
        2008$3,274 +2.1%$267,200 +215.8%
        2007$3,208 +17.2%$84,600
        2006$2,737 $84,600
        2004-- $84,600
        2003-- $84,600
        2002-- $84,600
        2001-- $84,600
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 08751

        Getting around

        79 / 100
        Very Walkable
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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