207 Grammercy Place
Atlantic City, NJ 08401
- 3 beds
- 3 baths
- 1,452 sqft
- 2,522 sqft lot
- $299 per sqft
- 1997 build
An investor or beach bum's dream. This house can be sold individually or a rare opportunity to own the block and buy as part of a package with 201 Grammercy as well as 314 N Massachusetts just a few blocks away. If you've wanted to get into short term rentals, this is your chance to buy with everything turn key- management, furnishings, and a strong rental history! Just in time for summer in the desirable inlet area! This fully furnished, home is fee simple (no HOA) and has a renovated designer interior, newer bathrooms and open concept kitchen with quartz counters, perfect for entertaining. Just steps to the inlet boardwalk and 3 blocks to the beach on the northern end of AC yet close to all the action. This gorgeous home features two stories, central air, gas heat, recessed lighting, designer lighting fixtures, vinyl plank flooring and various upgrades throughout. The 3 bedrooms, master with en suite and laundry are on the second floor. The exterior features a front porch, a large driveway and a one car garage that is currently a party room. This property has successfully run as a short term rental with a $50-60k average revenue income. Please ask to see the investor packet for rental history, upgrades and comps that make this purchase a no brainer. Complete property management is already in place so this would be completely turn key with all future bookings included. Use as a vacation home and rent for extra income. Check out the virtual tour.
Listing courtesy of BRIGHT / Keller Williams Realty - Wildwood Crest
Last checked:
Checking…
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Last updated Oct 17, 2024
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MLS# NJAC2013272 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1997
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Year Built Source:Assessor
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Roof:Shingle
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New Construction:No
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Construction Materials:Frame
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Structure Type:Twin/Semi-Detached
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Levels:2
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Architectural Style:A-Frame
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Door Features:Six Panel
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Window Features:Double Hung
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Accessibility Features:None
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Foundation Details:Crawl Space
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Basement:No
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Building Winterized:No
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Above Grade Finished Area Units:Square Feet
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Above Grade Finished SqFt:1452
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Above Grade Finished SqFt Source:Assessor
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Below Grade Finished Area Units:Square Feet
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Below Grade Unfinished Area Units:Square Feet
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Below Grade Finished SqFt Source:Assessor
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Below Grade Unfinished SqFt Source:Assessor
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Tax Total Finished SqFt:1452
Interior
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Interior Features:Attic, Carpet, Ceiling Fan(s), Dining Area, Family Room Off Kitchen, Pantry, Recessed Lighting, Stall Shower, Tub Shower, Upgraded Countertops, Window Treatments
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Flooring Type:Ceramic Tile, Luxury Vinyl Tile, Partially Carpeted
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Fireplace:No
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Wall & Ceilings:Dry Wall
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:1452
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Living Area SqFt:1,452 Sqft
Financial & Terms
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Sale Type:Standard
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Possession:0-30 Days CD, 31-60 Days CD
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Lease Considered:No
Location
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Directions:Follow Artic north till it turns into Grammercy, 207 on the left before N New Hampshire
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Latitude:39.36972427
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Longitude:-74.41461945
The Property
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Property Type:Residential
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Property Condition:Good
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Lot Size Units:Square Feet
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Lot Size Acres:0.06
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Lot Size Source:Assessor
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Lot Size Dimensions:35.00 x 72.00
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Lot Dimensions Source:Assessor
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Lot SqFt:2,522 Sqft
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Zoning:NEIR
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Other Structures:Above Grade, Below Grade
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Horse:No
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Water View:No
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Fencing:Fully
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (215) 208-8687
- Office phone:
- (609) 729-2100
Taxes
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Tax ID Number:02-00121 02-00013
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Tax Year:2023
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Tax Lot:00013
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Tax Annual Amount:$5,600
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Tax Assessed Value:$157,100
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Year Assessed:2023
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Total Taxes Payment Frequency:Annually
Beds
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Bedrooms:3
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Upper Level Bedrooms:3
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Upper Level 1 Bedrooms:3
Baths
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Total Baths:3
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Full Baths:2
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Half Baths:1
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Main Level Baths:1.00
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Main Level Half Baths:1
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Upper Level Full Baths:2
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Upper Level Total Baths:2
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Upper Level Total Baths:2.00
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Upper Level Full Baths:2
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Natural Gas
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Heating:Yes
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Heating Type:90% Forced Air
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Natural Gas
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Water Source:Public
Appliances
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Appliances:Dishwasher, Dryer, Microwave, Oven - Self Cleaning, Range Hood, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
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Laundry Type:Upper Floor, Has Laundry
Schools
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School District Name:Atlantic City Schools
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School District Source:Listing Agent
The Community
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Subdivision Name:Atlantic City
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Senior Community:No
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Exterior Features:BBQ Grill, Exterior Lighting, Sidewalks, Sport Court, Street Lights
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Pool:No Pool
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HOA:No
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Condo/Coop Association:No
Parking
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Total Garage and Parking Spaces:1
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Garage:Yes
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Garage Features:Garage - Front Entry
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Garage Spaces:1.00
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Type of Parking:Attached Garage, Driveway, On Street
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Parking Features:Concrete Driveway
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# of Attached Garage Spaces:1
Extra Units
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Vacation Rental:Yes
Monthly cost estimate
Asking price
$435,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,329
|
Taxes | $466 |
Insurance | $119 |
Utilities | $192 See report |
Total | $3,106/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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8/7/24
Aug 7, 2024
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Price Changed | BRIGHT | $435,000 | -1.1% |
7/23/24
Jul 23, 2024
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Price Changed | BRIGHT | $439,900 | -2.2% |
7/16/24
Jul 16, 2024
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Listed / Active | BRIGHT | $450,000 |