$525,000 - $758,000
RENTED MAY 1, 2025

240 Sherman Ave Unit 3 Seaside Heights, NJ 08751

2 Beds
1 Bath
768 Sq Ft
$854 Price per Sq Ft

Highlights

  • Living Room
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • Bungalow
  • Laundry Facilities

About This Home

As of May 2025

Annual rental available in the heart of Seaside Heights! This newly updated 2-bedroom, 1-bath apartment is just two short blocks from the beach and boardwalk, offering the perfect blend of comfort and convenience. The unit features a modern kitchen with granite countertops, newer laminate flooring throughout, and a cozy living area ideal for relaxing or entertaining. A washer and dryer are conveniently located right next to the apartment, making everyday living a breeze. Enjoy year-round living at the Jersey Shore Close to the beaches, boardwalk, best local attractions, and restaurants. Schedule your tour today—sorry, no pets allowed.

Last Agent to Rent the Property

dawn geraldi

Keller Williams Realty Ocean Living License #1110927 Listed on: 04/10/2025

Keller Williams Realty Ocean Living

Last Renter's Agent

Dawn Geraldi

Folk Agency

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $6,918

Year Built

  • Built in 1946

Lot Details

  • 2,614 Sq Ft Lot

Home Design

  • Bungalow

Interior Spaces

  • 768 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Laminate Flooring
  • Crawl Space

Kitchen

  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • On-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Property has a Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Security Deposit $2,775
  • Property Available on 5/1/25
  • Assessor Parcel Number 27-00053-0000-00019

Property Details

Home Type

Apartment

Est. Annual Taxes

$6,918

Year Built

Built in 1946

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2025-05-01

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Reso Association Amenities: Laundry
  • Inclusions: Stove, Microwave, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Bungalow
  • Reso Flooring: Laminate
  • Year Built: 1946
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.06
  • Cooling Central Air: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Garage None4: Yes
  • Floors Laminate: Yes
  • Contract Info Available Date: 2025-05-01
  • Maintenance Fees Security Deposit3: 2775.0
  • Lease Requirements Security Deposit4: Yes
  • Common Elements:Laundry2: Yes
  • Style Bungalow: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 3
  • Stories: 1
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Microwave: Yes

Exterior Features

  • Acres: 0.06
  • Waterfront: No

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: On Street, None
  • General Property Info:Garage: No
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 2613.6
  • Parcel #: 27-00053-0000-00019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2023
Sold by
240 Sherman Estate Llc
Bought by
Mallampati Murali and Yejella Rajani
Current Estimated Value
$655,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Outstanding Balance
$449,971
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$205,584

Purchase Details

Closed on
Aug 25, 2021
Sold by
Ramkissoon Nandanie
Bought by
240 Sherman Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2021
Sold by
240 Sherman Properties Llc
Bought by
Ramkissoon Nandanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2021
Sold by
240 Sherman Properties Llc
Bought by
Ramkissoon Nandanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2019
Sold by
Cece Lori A and Cassano Rocco
Bought by
240 Sherman Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
3.73%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mallampati Murali $650,000 Allstate Title
240 Sherman Llc -- Elite Title Group Llc
Ramkissoon Nandanie $500,000 Elite Title Group
Ramkissoon Nandanie $500,000 Elite Title Group Llc
240 Sherman Properties Llc $100,000 River Edge Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mallampati Murali $455,000
Previous Owner Ramkissoon Nandanie $375,000
Previous Owner Ramkissoon Nandanie $375,000
Previous Owner 240 Sherman Properties Llc $87,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2025 05/01/25 Rented $22,200 +1100.0% --
04/16/2025 04/16/25 Under Contract -- -- --
04/10/2025 04/10/25 For Rent $1,850 -91.4% --
04/01/2024 04/01/24 Rented $21,600 +1100.0% --
03/15/2024 03/15/24 Under Contract -- -- --
02/17/2024 02/17/24 For Rent $1,800 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,918 $666,900 $387,500 $279,400
2024 $6,420 $244,100 $100,000 $144,100
2023 $6,105 $244,100 $100,000 $144,100
2022 $6,105 $244,100 $100,000 $144,100
2021 $5,907 $244,100 $100,000 $144,100
2020 $4,951 $203,900 $100,000 $103,900
2019 $4,802 $203,900 $100,000 $103,900
2018 $4,675 $203,900 $100,000 $103,900
2017 $4,588 $203,900 $100,000 $103,900
2016 $4,510 $203,900 $100,000 $103,900
2015 $4,353 $203,900 $100,000 $103,900
2014 $3,986 $203,900 $100,000 $103,900
Source: Public Records

Agents Affiliated with this Home

  • d

    Landlord's Agent in 2025

    dawn geraldi

    Keller Williams Realty Ocean Living

    (732) 688-0760

    3 in this area

    34 Total Sales

    dawn geraldi
    Section Image
  • Dawn Ochs

    Seller's Agent in 2024

    Dawn Ochs

    Keller Williams Realty Ocean Living

    (908) 672-5946

    29 Total Sales

    Dawn Ochs
    Section Image
  • Kendall Alexander

    Buyer's Agent in 2024

    Kendall Alexander

    RE/MAX Revolution

    (732) 610-3436

    15 Total Sales

    Kendall Alexander
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22510233

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00053-0000-00019

New Jersey Ocean County Seaside Heights 08751

240 Sherman Ave Unit 3, Seaside Heights, NJ

This home is located at 240 Sherman Ave Unit 3, Seaside Heights, NJ 08751 since 10 April 2025 and is currently priced at $655,555. This property was built in 1946. 240 Sherman Ave Unit 3 is a home located in Ocean County with nearby schools including Hugh J. Boyd Jr. Elementary School, Central Regional Middle School, and Central Regional High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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