Atlantic City Land Investment
For Sale
$70,000
510 GRAMMERCY Place, Atlantic City, NJ 08401
LAND - ATLANTIC CITY, NJ
Lot Size0.04 Acres
Days on Market346
Property Features for 510 GRAMMERCY Place
General Information
Property type
Land
Property subtype
Other
Elementary school district
ATLANTIC CITY SCHOOLS
Middle school district
ATLANTIC CITY SCHOOLS
High school district
ATLANTIC CITY SCHOOLS
Standard status
Active
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
476
Listing Agency:
Prime Realty Partners
(856) 210-3000
Listed By:
John Rinick · License #1865546
(267) 205-1824
Added: Aug 21, 2025
Changed: Jun 9
Last Checked: Aug 1 at 6:06AM
MLS# NJAC2020278
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This is an investment opportunity to own two connected lots in Atlantic City, located at 510 Grammercy Avenue and 43 N Congress Avenue. The lots are situated three blocks from the beach and the Ocean Casino, in the Inlet revitalization area where new residential and commercial projects are developing. 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 has building potential, allowing 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 0.0402 acres.
Key Highlights
- 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,483
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Two connected lots near the beach in Atlantic City.
Where is this residential land & home lot located?
The property is located at 510 GRAMMERCY Place Atlantic City, NJ.
What is the asking price?
The asking price for this property is $70,000.
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.
