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    510 Grammercy Pl Atlantic City, NJ 08401

    New
    For Sale
    $75,000

    LAND - ATLANTIC CITY, NJ

    Lot size:
    0.04 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 510 Grammercy Pl

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.04 Acres

    Prime Realty Partners (856) 906-5885 [email protected]

    Listing agent John Rinick (267) 205-1824 License #1865546

    Listing date Dec 2, 2025

    MLS# NJAC2020278 Listing URL

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Atlantic City Land Opportunity

    This is an opportunity to own two connected lots in Atlantic City, located at 510 Grammercy Avenue and 43 N Congress Avenue. The lots are situated just three blocks from the beach and the Ocean Casino, in the Inlet revitalization area where new residential and commercial projects are underway. The combined lots offer a total of 2,187.5 square feet, with a 25-foot frontage on Grammercy Avenue and an 87.5-foot depth along Congress. Zoned RM-1, the property offers flexible building potential for modern condos, multi-family housing, or other developments, subject to approvals. New condominiums have recently been completed half a block away, and additional improvements are planned for the neighborhood. The property is 0.04 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Atlantic City
    County
    Atlantic
    State
    New Jersey
    Longitude
    -74.41825867
    Latitude
    39.36784744

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    FAQs

    What type of property is this?
    Land - Two connected lots near the beach in Atlantic City.
    Where is this land located?
    The property is located at 510 Grammercy Pl Atlantic City, NJ.
    What is the asking price?
    The asking price for this property is $75,000.
    What are key features of this property?
    This property features: - Prime location in Atlantic City's Inlet revitalization area, near the beach and Ocean Casino.; - Two connected lots totaling 2,187.5 sq. ft. offered at one price.; - RM-1 zoning allows for flexible building potential (condos, multi-family housing, etc.) with approvals.
    (267) 205-1824
    Request Owner's contact information
    510 Grammercy Pl Atlantic City, NJ 08401
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    Atlantic City, NJ 08401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    510 Grammercy Pl Atlantic City, NJ 08401
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