94 Manchester Ave, Paterson, NJ 07502

Paterson
Local realty services provided by:ERA Suburb Realty Agency
94 Manchester Ave,Paterson City, NJ 07502
$499,900
  • 5 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: matthew gevirtz, serhat okdemir
Office: exp realty, llc.866-201-6210
MLS#:4021833
Source:NJ_GSMLS

Price summary

  • Price:$499,900

About this home

2-Unit Multi-Family with Strong Cash Flow & Upside Potential. This income-producing 2-family property offers immediate rental income with additional upside in a convenient location. The building includes three separate units: a 3-bedroom, 1-bath first-floor unit, a 2-bedroom, 1-bath second-floor unit, and a finished 2-bedroom, 1-bath basement apartment ideal for maximizing rental potential. Current rents include $1,900/month for the first floor and $1,300/month for the second floor, with the second unit occupied by a long-term tenant and presenting clear below-market upside (projected $1,600+). The basement unit adds further income potential, making this a strong opportunity for investors seeking both cash flow and future growth.Each unit features a functional living and kitchen layout, with refrigerators and microwaves included. The basement unit benefits from its own split AC system, while upper units utilize window units. There is no on-site parking, with street parking available,...

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Home facts

  • Year built:1939
  • Listing ID #:4021833
  • Added:12 day(s) ago
  • Updated:May 03, 2026 at 02:23 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:8
  • Basement Description:Basement, Finished, Full

Heating and cooling

  • Cooling:Wall A/C Unit(s)
  • Heating:2 Units, Forced Hot Air

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1939
  • Lot area:0.06 Acres
  • Architectural Style:2-Two Story
  • Construction Materials:Vinyl Siding

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$499,900
  • Tax amount:$8,562 (2025)

Features and amenities

  • Amenities:Gas-Natural
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Date Last Updated May 3, 2026

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