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For sale
    • $299,000

    307 Grammercy Pl, Atlantic City, NJ 08401

    2beds
    2baths
    --sqft
    : 
    $2,092/mo
    Get pre-qualified
    Duplex
    Built in 1900
    -- sqft lot
    $283,700 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Large downstairs studio
    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.
    36 days
    |
    401
    |
    16
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    STEPHEN BYGRAVE 609-525-7126,

    LEVIN COMMERCIAL REAL ESTATE, LLC

    Source: SJSRMLS,MLS#: 609303MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      Heating
      • Natural Gas
      Features
      • Has basement: No
      • Has fireplace: No

      Property

      Parking
      • Total spaces: 1
      • Parking features: Garage
      • Garage spaces: 1
      Lot
      • Size: 4,563 Square Feet
      • Dimensions: 39 x 117
      Details
      • Parcel number: 19

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex
      Condition
      • New construction: No
      • Year built: 1900

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Atlantic City

      Financial & listing details

      • Tax assessed value: $122,000
      • Annual tax amount: $4,124
      • Date on market: 6/26/2026
      • Date available: 06/26/2026

        Estimated market value

        $283,700

        $270,000 - $298,000

        $2,123/mo

        Price history

        DateEventPrice
        6/27/2026Listed for sale$299,000+199%
        Source: SJSRMLS #609303 Report a problem
        3/27/2024Sold$100,000
        Source: Public Record Report a problem
        7/2/2020Listing removed$1,250
        Source: Weichert Realtors Report a problem
        11/9/2019Price change$1,250-3.8%
        Source: Weichert Realtors Report a problem
        10/10/2019Price change$1,300+36.8%
        Source: Weichert Realtors Report a problem
        9/19/2019Price change$950-5%
        Source: Weichert Realtors Report a problem
        9/12/2019Price change$1,000-23.1%
        Source: Weichert Realtors Report a problem
        8/28/2019Listed for rent$1,300
        Source: Weichert Realtors Report a problem
        8/20/2019Sold$100,000-9%
        Source: SJSRMLS #513059 Report a problem
        3/15/2019Listed for sale$109,900
        Source: BHHS FOX and ROACH-Margate #513059 Report a problem
        2/8/2019Listing removed$109,900
        Source: BHHS Fox & Roach Margate #513059 Report a problem
        10/22/2018Listed for sale$109,900+57%
        Source: BHHS FOX and ROACH-Margate #513059 Report a problem
        2/19/2003Sold$70,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,211 $122,000
        2024$4,211 -3.2%$122,000
        2023$4,349 -8.6%$122,000
        2022$4,759 -0.8%$122,000
        2021$4,799 -19.7%$122,000
        2020$5,976 +12.8%$122,000 -18.7%
        2019$5,300 $150,000
        2018$5,300 -8.5%$150,000
        2017$5,790 -3.3%$150,000
        2016$5,989 +2.2%$150,000 -14.3%
        2015$5,859 +31.7%$175,000
        2014$4,449 -21.7%$175,000
        2013$5,685 +11.1%$175,000 -33.4%
        2012$5,115 +7.6%$262,700
        2011$4,752 +5.6%$262,700
        2010$4,500 +2.8%$262,700
        2009$4,377 +161%$262,700
        2008$1,677 +0.8%$262,700 +483.8%
        2007$1,663 $45,000
        2006-- $45,000
        2005-- $45,000
        2004-- $45,000
        2003-- $45,000
        2002-- $45,000
        2001-- $45,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 08401

        Getting around

        80 / 100
        Very Walkable
        44 / 100
        Some Transit
        62 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

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