Kevin McGillicuddy

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510 GRAMMERCY PLACEATLANTIC CITY, NJ 08401

Vacant Land · 0.04 Acres
$70,000 ACTIVE

510 GRAMMERCY PLACE Overview

Time on Site:
313 days
Visits:
4

Exciting Investment Opportunity by the Shore! Rare chance to own two connected lots in Atlantic City for one price — 510 Grammercy Avenue and 43 N Congress Avenue. Just three blocks from the beach the Ocean Casino, this location sits at the heart of the Inlet revitalization area, where new residential and commercial projects are already taking shape. Together, the lots offer a total of 2,187.5 sq. ft. (25 ft frontage on Grammercy and 87.5 ft depth along Congress), zoned RM-1 with flexible building potential. Whether you're envisioning modern condos, multi-family housing, or another creative development, the possibilities are wide open with the proper approvals. With new condominiums recently completed just half a block away and additional improvements planned for the neighborhood, this is a prime moment to secure your stake in Atlantic City's next chapter. Don't miss out on this opportunity to build near the shore in a growing, vibrant community!

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510 GRAMMERCY PLACE Facts & Features

  • Type Vacant Land
  • Lot 0.04 Acres

Details

General

Association/HOA

  • Association: No

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Business Information

  • Current Use: Vacant

Location/Region

  • Country: US
  • County: ATLANTIC
  • County Or Parish: ATLANTIC
  • MLS Area Major: Atlantic City (20102)

Tax Information

  • City/Town Tax Payment Frequency: Annually
  • County Tax Payment Frequency: Annually
  • Tax Annual Amount: $476.00
  • Tax Assessed Value: 13800.00
  • Tax Year: 2024

General Information

  • Property Sub Type: Land
  • Property Type: Land
  • School District Name: ATLANTIC CITY SCHOOLS
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2024
  • Zoning: RM-1

Interior

Parking Information

  • Garage: No

Building Interior

  • Central Air: No

Exterior

Lot Information

  • Additional Parcels Description: This must be sold together with 43 N Congress Ave for one price 43 N Congress- Lot: 36 Block: 306 (attached to 510 Grammercy)
  • Additional Parcels: Yes
  • Lot Dimensions Source: Estimated
  • Lot Size Dimensions: 25.00 x 70.00
  • Lot Size Source: Estimated
  • Lot Size Square Feet: 1750.00
  • Lot Size Units: Square Feet
  • Number Of Lots: 2
  • Water Source: None

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

General Information

  • Farm Land Preservation: No
  • Sewer: No Sewer System
  • Utilities: Natural Gas Available,Water Available,Sewer Available
  • Water Access: No

510 GRAMMERCY PLACE Neighborhood

Community

08401 (Atlantic City) Demographics

37
Median Age
2,245
Population Density (per sq. mile)
23%
College Educated
$29,526
Estimated Median Income
4,454
Estimated Total Home Owners
11,321
Estimated Total Renters
28% / 72%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

510 GRAMMERCY PLACE Market Data

Based on the last 30 days in this zip code

$317,804
Average List Price
$260
Average Price per Square Foot
2
Properties Sold
100
Average Days on Market
58
Properties for Sale
Calculations provided by Reliance Network

510 GRAMMERCY PLACE History

Date Event Value Agent
2/9/2026Source: BRIGHT MLS Price Reduction
$70,000 -6.7%
12/2/2025Source: BRIGHT MLS Price Reduction
$75,000 -6.2%
8/21/2025Source: BRIGHT MLS Added to Database
August 21, 2025
Listing provided courtesy of Prime Realty Partners- MLS# NJAC2020278MLS ProviderContact Information: [email protected] - 8562103000