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Property view

332 Bailey Ave, 
Maple Shade, NJ 08052

$472,000


6

Beds


Bath


1,824

Sq Ft


Multi-Family

Sold

Listed by

Morshad Hossain

Bought with EXP Realty, LLC

Redfin, (848) 459-4981, lori.gazzano@redfin.com

MLS#

NJBL2112436

Source:

BRIGHTMLS

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About This Home

332 Bailey Ave

***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.

Home Facts

Multi-Family

6 Bedrooms

Built in 1955

Price Summary

450,000

$246 per Sq. Ft.

MLS #:

NJBL2112436

Sold:

June 30, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

6


Structure

Structure

Building Area:

1,824 Sq. Ft.

Year Built:

1955


Lot

Lot Size (Sq. Ft):

7,405


Finances & Disclosures

Finances

Price:

$450,000

Price per Sq. Ft:

$246 per Sq. Ft.

Source:BRIGHTMLS
The information being provided by Bright Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Bright Mls All rights reserved.