307 Grammercy, Atlantic City, NJ | MLS # 609303 For Sale

Property Details

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.

This listing is provided courtesy of LEVIN COMMERCIAL REAL ESTATE, LLC

MLS #: 609303
Status: Active
Address: 307 Grammercy Pl, Atlantic City, NJ 08401
Date Listed: 6/26/2026
Days on Market: 1

Location

Interior Features

Heat System: Gas-Natural

Exterior Features

Parking: One Car

Additional Features

County: Atlantic
Property Type: Duplex
Waterfront Features: No
Water/Sewer: Public
Year Built: 1900
Lot Number: 19
Block Number: 119
For Sale / Lease: For Sale
Taxes: 4124
3rd Party Approval: No

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307 Grammercy Pl, Atlantic City