1 month on rocket

247 Sherman Ave, Seaside Heights, NJ, 08751

$840,000

Home List Price

$9,975*

Closing Credit

5 Bedrooms
3 Full Baths
Multi

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

247 Sherman Ave, Seaside Heights$840,000

Buyer Closing Credits

$9,975*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
Year Built1940
HeatingForced Air
CoolingMulti Unit(s)
BasementYes
MLS #22428573
Lot Size0.05 Acres
StatusActive

About 247 Sherman Ave

OUTSTANDING INVESTMENT OPPORTUNITY WITH STRONG CASH FLOW. Seller is open to partial owner financing. This is your chance to own a profitable investment property in the heart of Seaside Heights! This three-family property features beautifully renovated units, with a combination of modern upgrades and excellent rental roll in one of NJ'S hottest beach towns. Furniture included. The two-family home in the back of the main house can pay the bills while you reside in the front house. Excellent AIRBNB rent roll which is perfect for short term rentals and cash flow maximization. Take advantage of booming Seaside Heights, where the properties continues to gain value. Whether your an investor or looking for a beachside home with income potential property, this is a true money-maker!

Property Details

Property Features

Property Information:

  • Year Built: 1940

Listing Office:

  • Office Name: O'Brien Realty, LLC
  • Listing Agent: Lauren E Servidio

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Multi Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $840,000

Tax Information:

  • Annual Amount: $4,866
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Seaside Heights, NJ.

Map thumbnail provided by MapBox

Seaside Heights, NJ

City

Med. Sold Price

$740K

Med. Price/SqFt

$488

Avg. Days On Market

40

# of Sold Homes

12

247 Sherman Ave vs Seaside Heights

41 DAYS ON ROCKET

+1 Day

$840,000

+$100K More

KEY TAKEAWAY

This property is $100K more than the Median Sold Price in Seaside Heights, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MOREMLS (Monmouth Ocean Regional REALTORS®)
  • MLS Number: #22428573

Listing Office:

  • Office Name: O'Brien Realty, LLC
  • Listing Agent: Lauren E Servidio

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/12/2024, 2:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 30, 2018Home Sold
$258,000
Aug 22, 2011Home Sold
$215,000
May 06, 2004Home Sold
$95,400

Tax History

YEARPROP. TAXASSESSMENT
2020$4,866$200,400
2019$4,595$200,400
2018$4,509$200,400
2017$4,509$200,400

History based on county public records data.

Payment Calculator

$4,260

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,585

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-200551
4
/10

  • Hugh J. Boyd Jr. Elementary School

  • 1200 Bay Blvd

  • 0.20 miles

  • Public District Grades PK-6

school-card-donut-200552
5
/10

  • Ocean Gate Elementary School

  • 126 W Arverne Ave

  • 3.76 miles

  • Public District Grades PK-6

school-card-donut-200553
7
/10

  • Island Heights Elementary School

  • 115 Summit Ave

  • 3.77 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $20,893. The majority of Seaside Heights, NJ residents have income less than $35k annually. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Ocean County›Seaside Heights›08751›247 Sherman Ave

This home is located at 247 Sherman Ave in Seaside Heights, NJ and zip code 08751. This home, which was built in 1940, sits on a 0.05 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $840,000.

In October 2024 more than 3 listings in Seaside Heights, NJ were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 8 were sold below. Between September 2024 and October 2024, Seaside Heights, NJ real estate market has seen increase in the number of listings by 12.1%. In October 2024, listings were on the market for 40 days. During the same period, the median list price in this real estate market was $740,000.

From Rocket Homes Real Estate and based on county public records data.

More Resources