$450,000

332 BAILEY AVE, Maple Shade, NJ 08052

  • 1,824 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1955
  • Property Lot Size Icon7,405sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $247/sqft
  • Property List Date Icon Listed 12 days ago

Property Description

***Multiple Offers Received—Seller looking to make a decision by Saturday*** 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 3 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.

Listing Status:
Active
Data Last Updated:
June 1, 2026 at 7:17AM
Listing Office:
Redfin : 6092167035
Listing Agent:
Morshad Hossain : 2676424821
MLS ID:
NJBL2112436
  • Appliances: Oven/Range - GasRefrigeratorDryerWasher
  • Laundry: Dryer In Unit
  • Flooring: WoodCeramic tileCarpet
  • A/C: Ceiling Fan(s)Central A/C
  • Heating: Forced AirNatural Gas
  • Disability Feature: None
  • General: Above GradeBelow Grade
  • Style: Other
  • Parking: Concrete Driveway
  • Roofing: Shingle
  • General: FrameSlab
  • Originating MLS: BRIGHT_MAIN
  • School District: MAPLE SHADE TOWNSHIP PUBLIC SCHOOLS
  • County: BURLINGTON-NJ
  • Zoning: RES19-00178-00008
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN
  • Exclusions: Tenant and sellers personal belongings

This listing courtesy of Morshad Hossain , Redfin

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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