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307 Grammercy

Atlantic City, NJ 08401
  • $299,000
  • STATUS: Active Under Contract
  • ON SITE: 47 Days
  • MLS #: 609303
Under Contract
UPDATED: 30 min ago
$299,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

Description

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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© 2026 South Jersey Shore Regional MLS. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Cheryl Huber Team. Properties marked with the Broker Reciprocity icon or thumbnail icon (a small house) are provided courtesy of the South Jersey Shore Regional MLS Broker Reciprocity Database. Data last updated 2026-08-13T20:49:53.9.
www.oceancitynewjerseyhomes.com/homes/178201934
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307 Grammercy Atlantic City, NJ 08401

  • Price: $299,000
  • Status: Active Under Contract
  • On Site: 47 Days
  • Updated: 30 min ago
  • MLS #: 609303
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1900
Built
Neighborhood:
Atlantic City
County:
Atlantic
Area:
Atlantic City
Property Description
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.
Exterior Features

Garage One Car Lot Dimensions 39x117 Parking One Car Waterfront YN No

Interior Features

Heating Gas-Natural Unit1 Baths 1 Unit2 Baths 1

Property Features

Adult Community /55+ No Age Range 25+ Years Approved Short Sale No Auction YN No Bank Owned Foreclosure No Estate YN No Lot Number 19 May Be Subject To Third Party Approval Short Sale No Multifamily Type Duplex Number Of Efficiency Units 1 Number Of2 Bedroom Units 1 Sale Or Rent For Sale Sewer Public Sewer Tax Year 2026 Taxes 4124 Water Public

South Jersey Shore Regional MLS logo Listing information © 2026 South Jersey Shore Regional MLS.
Listing provided courtesy of LEVIN COMMERCIAL REAL ESTATE, LLC: .


© 2026 South Jersey Shore Regional MLS. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Cheryl Huber Team. Properties marked with the Broker Reciprocity icon or thumbnail icon (a small house) are provided courtesy of the South Jersey Shore Regional MLS Broker Reciprocity Database. Data last updated 2026-08-13T20:49:53.9.
 
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