332 BAILEY AVE, Maple Shade, NJ 08052
332 BAILEY AVE, Maple Shade, NJ 08052
332 BAILEY AVE, Maple Shade, NJ 08052
Listed by Morshad Hossain • Redfin
Bought with Nicholas John Toronto • EXP Realty, LLC
$472,000
Est. payment /mo
$450,000
4.9%
Est.Price: ?

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1,824 SqFt
SOLD DATE : 06/30/2026

Key Details

Sold Price $472,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 1,824 sqft

Price per Sqft $258

MLS Listing ID NJBL2112436

Sold Date 06/30/26

Style Other

Abv Grd Liv Area 1,824

Year Built 1955

Annual Tax Amount $6,609

Tax Year 2025

Lot Size 7,501 Sqft

Acres 0.17

Lot Dimensions 75.00 x 100.00

Property Sub-Type Detached

Source BRIGHT

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.

Location

State NJ

County Burlington

Area Maple Shade Twp (20319)

Zoning RES

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Ceiling Fan(s), Central A/C

Flooring Wood, Ceramic Tile, Carpet

Equipment Oven/Range - Gas, Refrigerator, Dryer, Washer

Fireplace N

Appliance Oven/Range - Gas, Refrigerator, Dryer, Washer

Heat Source Natural Gas

Laundry Dryer In Unit

Exterior

Garage Spaces 2.0

Water Access N

Roof Type Shingle

Accessibility None

Total Parking Spaces 2

Garage N

Building

Foundation Slab

Above Ground Finished SqFt 1824

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Maple Shade Township Public Schools

Others

Tax ID 19-00178-00008

Ownership Fee Simple

SqFt Source 1824

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Financing Cash,Conventional,FHA,VA

Special Listing Condition Standard

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Bright MLS (BMLS)

Nearby Locations

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Nicholas Toronto

Nicholas Toronto

+1(609) 315-1684

Realtor® | License ID: 2078206

Realtor® License ID: 2078206

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