Anthony Webster

332 Bailey Avenue, Maple Shade, NJ 08052

$450,000
  • 332 Bailey Avenue, Maple Shade, NJ 08052 Main Photo

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New to the Market ACTIVE
BEDS0 BATHS SQUARE FEET1,824 MLS#NJBL2112436
STATUSACTIVE PROPERTY TYPEMulti Unit - Multiple SCHOOLMAPLE SHADE TOWNSHIP PUBLIC SCHOOLS

Property Description

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.

332 Bailey Avenue | MLS# NJBL2112436

This multi-family property located at 332 Bailey Avenue, Maple Shade, NJ 08052 is currently listed for sale with an asking price of $450,000. Bailey Avenue is located within the MAPLE SHADE TOWNSHIP PUBLIC SCHOOLS school district. Search Maple Shade real estate on awebster.realtymark.net today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Ceiling Fan(s), Central A/C
Fuel Type: Natural Gas
Heating: Forced Air
Lot Size: 0.17 Acres
Roof Type: Shingle
Taxes: $6,609
Year Built: 1955

Feature Descriptions

Additional Structures: Above Grade, Below Grade
Appliances: Oven/Range - Gas, Refrigerator, Dryer, Washer
Days on Site: 5
Exterior: Frame
Flooring: Wood, Ceramic Tile, Carpet
Lot Dimensions: 0.17 Acre(S)
Municipality: MAPLE SHADE TWP
Parking Notes: Concrete Driveway
Sewer: Public Sewer
Structure Type: Detached
Three Bedroom Units: 2
Total Garage/Parking Spaces: 2
Units: 2
Water: Public

Local Schools

School District: MAPLE SHADE TOWNSHIP PUBLIC SCHOOLS

Listed By / Shown By

Listed By

Agency Name: Redfin
Agency Phone: 6092167035

Shown By

Agent Name: Anthony Webster
Agent Phone: (267) 237-3748
Agency Title: RealtyMark

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Estimated Payment

$ 1,683.50 per month $1,001.50 Principal & Interest $550.75 Property Tax $131.25 Homeowner's Insurance

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