Sold

332 BAILEY Ave, MAPLE SHADE, NJ 08052

Sqft
1,824

View property features, location on map, relevant school information and overview from seller's agent.

Listed byRedfin
  • 0
  • 0

Overview

***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.

Location

Full feature list

Basic info

Property type
Multi-family
Square feet
1,824
Lot size (acres)
0.17
Year built
1955

Exterior features

Horse amenities
Stable

Utilities

Heating
Natural Gas
Cooling
Ceiling Fans, Central Air
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$6,609

Public schools

Loading

Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Bright MLS MLS®#: NJBL2112436 Last checked:

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Redfin participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.