USANJPaterson94 Manchester Ave
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94 Manchester Ave, Paterson

House

For Sale

$499,900

530

MLS® 4021833

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage 
Taxes $8,562
Days Active 0
Lot Size 
Approx. Age 1939
MLS® Number 4021833

Property Address: 94 Manchester Ave, Paterson, NJ, 07502-1905

Average square foot calculated using Size range provided by listing agent.

Description

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, and a shared backyard area offers outdoor space for tenants. Whether you're expanding your portfolio or looking for a multi-unit with built-in upside, this property delivers a compelling mix of current income, tenant stability, and value-add potential.
MLS® Number4021833
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1939
BasementFinished, Full
DrivewayNone
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 20, 2026List Date
$499,900List Price
  • Commute

Commute

Starting Address
Destination Address
94 Manchester Ave, Paterson,

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MG

Listing Agent

MATTHEW GEVIRTZ

[email protected]
973-250-9974
SERHAT OKDEMIR

Listing Agent

SERHAT OKDEMIR

201-962-0633
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