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Duplex with Two-Bedroom Upper Unit
For Sale
$299,000

307 Grammercy Pl, Atlantic City, NJ 08401

MULTI-FAMILY, Atlantic City, NJ

Property SizeContact for details
Days on Market76

Property Features for 307 Grammercy Pl

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 2
Directions Last unit on the left going down Grammercy towards the Flagship Resort
Subdivision Atlantic City
Standard status Active

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 4124

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Year built 1900
Number of units 2
Listing Agency: LEVIN COMMERCIAL REAL ESTATE, LLC
Listed By: STEPHEN BYGRAVE
Added: Jun 26 Changed: Sep 6 Last Checked: Sep 9 at 12:06AM
MLS# 609303

Copyright © 2026 South Jersey Shore Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This duplex at 307 Grammercy Pl includes a downstairs studio and an upper two-bedroom, one-bath residence. The studio is occupied under a month-to-month arrangement, while remodeling is in progress upstairs. The configuration provides separate residential units within a single property and may suit an investor or an owner-occupant seeking rental use in the other unit.

Built in 1900, the property is served by natural gas heat, public water, and public sewer. Its Atlantic City setting places the residence a short distance from the Boardwalk, beaches, casinos, dining, and entertainment. The property is also near residential construction and redevelopment activity, including the planned Terraces at Absecon Inlet project with 38 new townhomes.

Key Highlights

  • Downstairs studio occupied on a month‑to‑month basis
  • Upper unit includes 2 bedrooms and 1 bathroom
  • Upstairs remodeling is currently underway

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Electrical Service Auto Parts Store (Bike/Boat/Book/etc) Store Plumbing Service Garden Center Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

895
Businesses Nearby

Demographics for 08401, NJ

38,536
Population
20,116
Households
1.9
Avg Household Size
38
Median Age
21%
College-Educated
76%
High-School Grad
10.7 sq mi
ZIP Area
3,601
Density / Sq Mi
$36,375
Median Household Income
$28,915
Median Earnings
$1,086
Median Rent
$189,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residence with a month-to-month downstairs occupant and an upstairs unit currently undergoing remodeling.
Where is this duplex located?
The property is located at 307 Grammercy Pl Atlantic City, NJ.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Downstairs studio occupied on a month‑to‑month basis; Upper unit includes 2 bedrooms and 1 bathroom; Upstairs remodeling is currently underway
More about this property
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