94 Manchester Avenue, Paterson, NJ 07502

Paterson
Local realty services provided by:Better Homes and Gardens Real Estate Maturo
94 Manchester Avenue,Paterson, NJ 07502
$499,900
  • - Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: serhat okdemir, matthew gevirtz
Office: exp realty, llc.866-201-6210
MLS#:26013640
Source:NJ_MLS

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

  • Listing ID #:26013640
  • Added:3 day(s) ago
  • Updated:April 24, 2026 at 03:13 PM

Rooms and interior

  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:8

Finances and disclosures

  • Price:$499,900
  • Tax amount:$8,562
MLS Logo The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate Maturo are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: April 24, 2026. Source: New Jersey Multiple Listing Service, Inc. 2026 New Jersey Multiple Listing Service, Inc. All rights reserved.

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