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307 Grammercy Pl, Atlantic City, NJ 08401

Atlantic City
Local realty services provided by:CENTURY 21 Alliance
307 Grammercy Pl,Atlantic City, NJ 08401
$299,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: stephen bygrave
Office: levin commercial real estate, llc.
MLS#:609303
Source:NJ_SJSRMLS

Price summary

  • Price:$299,000

About this home

Excellent opportunity to own a duplex just a short distance from the Atlantic City Boardwalk, beaches, ocean, casinos, dining, and entertainment. The property features a large downstairs studio currently occupied on a month-to-month basis, providing immediate rental income, while the upstairs 2-bedroom, 1-bath unit is currently being remodeled and offers additional upside. Located in an area experiencing significant growth and redevelopment, including nearby new residential construction planned by major builders such as K. Hovnanian Homes and Ryan Homes. The nearby Terraces at Absecon Inlet project is expected to bring 38 new townhomes to the Inlet area as part of ongoing neighborhood revitalization. Perfect for an investor or owner-occupant looking to live in one unit while renting the other to help offset mortgage costs. Qualified buyers may be able to take advantage of FHA financing with as little as 3.5% down.

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Home facts

  • Year built:1900
  • Listing ID #:609303
  • Added:101 day(s) ago
  • Updated:October 06, 2026 at 02:17 PM

Heating and cooling

  • Heating:Gas-Natural

Structure and exterior

  • Year built:1900

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$299,000
  • Tax amount:$4,124 (2026)

Parking

  • Parking description:One Car
  • Garage spaces:1

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