332 Bailey Ave, Maple Shade, NJ 08052
Local realty services provided by:ERA Liberty Realty
332 Bailey Ave,Maple Shade, NJ 08052
$450,000
- 4 Beds
- - Baths
- 1,824 sq. ft.
- Multi-family
- Active
Listed by: morshad hossain
Office: redfin
MLS#:NJBL2112436
Source:BRIGHTMLS
Price summary
- Price:$450,000
- Price per sq. ft.:$246.71
About this home
Excellent opportunity to own a well-maintained duplex in a convenient location with strong income potential! This versatile property is ideal for investors or owner-occupants looking to “house hack” by living in one unit while collecting rental income from the other.
Each unit features 2 bedrooms, 1 full bathroom, separate utilities, and its own private laundry area for added convenience. One unit is currently occupied by a tenant paying $1,900/month with a lease in place through September 2027, providing immediate stable income. The second unit is vacant and projected to rent for approximately $1,900/month, offering flexibility for an owner-occupant or investor seeking additional cash flow.
Projected gross rental income of approximately $45,600 annually with an estimated 7%+ projected cap rate makes this an attractive addition to any investment portfolio. Major systems have already been updated, with both HVAC systems and water heaters approximately 5 years old.
Whether you’re looking to expand your portfolio or offset your mortgage with rental income, this duplex presents a fantastic opportunity with solid cash-flow potential and low-maintenance features.
Projected rents, income, expenses, and cap rate figures are estimates only and are not guaranteed. Buyers are responsible for conducting their own due diligence and verifying all financial information independently....
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Home facts
- Year built:1955
- Listing ID #:NJBL2112436
- Added:1 day(s) ago
- Updated:May 21, 2026 at 01:41 PM
Rooms and interior
- Bedrooms:4
- Flooring:Carpet, Ceramic Tile, Wood
- Kitchen Description:Oven/Range - Gas, Refrigerator
- Living area:1,824 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Central A/C
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Shingle
- Year built:1955
- Building area:1,824 sq. ft.
- Lot area:0.17 Acres
- Construction Materials:Frame
- Foundation Description:Slab
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$450,000
- Price per sq. ft.:$246.71
- Tax amount:$6,609 (2025)
Parking
- Parking description:Concrete Driveway, On Street
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