Two-Residence
429 E MAIN Street, Maple Shade, NJ 08052
For Sale
New
$750,000
Multi-Family, MAPLE SHADE, NJ
Property Size3,958 SF
Lot Size0.33 Acres
Price / SF$189.49
Days on Market7
Property Features for 429 E MAIN Street
General Information
Property type
Property subtype
Rooms
Parking
Parking features
Interior features
Fireplace
Appliances
High school
Elementary school district
Middle school district
High school district
Standard status
Size
Lot size
Additional Details
Individually Metered Utilities
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Cooling system
Building Details
Year built
Number of units
Building materials
Architectural style
Buildings
Listing Agency:
HomeSmart First Advantage Realty · HomeSmart International
(856) 363-3000
Listed By:
Nicole C McGinnis · License NJ #568258
(609) 923-1155
Added: Nov 6
Changed: Nov 10
Last Checked: Nov 12 at 10:06AM
MLS# NJBL2123924
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1930, this 3,958-square-foot duplex on a 0.33-acre lot comprises two attached residences with independent gas and electric meters. The connecting interior doorway is sealed and can be reopened. One residence offers 3 bedrooms, 2 full baths and 2 half baths; the other has 3 bedrooms and 1.5 baths. Interior features include updated kitchens, laundry areas, and separate living spaces. A finished basement, workshop and detached garage are also part of the property.
The property is in Maple Shade’s downtown business district, with access to local highways, shops and dining. The former office use of one residence is noted in the property information; any change in use or other proposed use is subject to township approvals.
The property is in Maple Shade’s downtown business district, with access to local highways, shops and dining. The former office use of one residence is noted in the property information; any change in use or other proposed use is subject to township approvals.
Key Highlights
- Two attached residences with separate gas and electric meters
- 3,958 square feet on a 0.33‑acre lot
- First residence: 3 bedrooms, 2 full baths and 2 half baths
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,721
Cap Rate
7.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,134,420
$1.1M
Cap Rate 7%
$810,300
$810.3K
Cap Rate 9%
$630,233
$630.2K
Market Conditions
NOI Build-Up for 3,958 SF
Gross rent
$85.5K $21.60/SF
− Vacancy
−$4.5K −$1.13/SF
EGI
$81.0K $20.47/SF
− OpEx
−$24.3K −$6.14/SF
NOI
$56.7K $14.33/SF
Area
Burlington County, NJ
Vacancy
5.22%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,134,420
Cap Rate 7%
$810,300
Cap Rate 9%
$630,233
Alternative Uses
Best Use
Multifamily LT 5
$810.3K
$709.0K – $945.4K
NOI $56,721 @ 7.0% cap · market cap 7.56%
Second Best
Apartment 5plus
$740.6K
$648.0K – $864.0K
NOI $51,841 @ 7.0% cap · market cap 6.91%
Theoretical Best
Retail
$845.5K
$739.9K – $986.5K
NOI $59,188 @ 7.0% cap · market cap 7.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
524
Businesses Nearby
Explore this area
Business Placement
Demographics for 08052, NJ
20,003
Population
9,401
Households
2.1
Avg Household Size
38
Median Age
34%
College-Educated
96%
High-School Grad
3.8 sq mi
ZIP Area
5,264
Density / Sq Mi
$75,732
Median Household Income
$49,963
Median Earnings
$1,574
Median Rent
$235,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Duplexes in Ocean County, NJ
Properties on Market for Duplexes in Ocean County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each attached residence has separate gas and electric meters, with a sealed interior connection between the homes.
Where is this duplex located?
The property is located at 429 E MAIN Street Maple Shade, NJ.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Two attached residences with separate gas and electric meters; 3,958 square feet on a 0.33‑acre lot; First residence: 3 bedrooms, 2 full baths and 2 half baths
