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Rich & Lisa Small
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(484) 388-9259
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94 Manchester Ave, Paterson, NJ 07502

$499,900
  • 94 Manchester Ave, Paterson, NJ 07502 Main Photo

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New to the Market Active
BEDS5 BATHS3 full MLS#4021833
STATUS PROPERTY TYPEMulti Unit - Multiple

Property 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.

94 Manchester Ave | MLS# 4021833

This multi-family property located at 94 Manchester Ave, Paterson, NJ 07502 is currently listed for sale with an asking price of $499,900. Search Paterson real estate on www.richsmallteam.net today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Finished, Full
Basement: Yes
Cooling: Window A/C(s)
Fuel Type: Gas-Natural
Heating: 2 Units, Forced Hot Air
Lot Size: 0.06 Acres
Roof Type: Asphalt Shingle
Taxes: $8,562
Year Built: 1939

Feature Descriptions

Days on Site: 3
Exterior: Vinyl Siding
Lot Dimensions: 0.06 acre(s)
Parking Notes: See Remarks
Sewer: Public Sewer
Utilities: Electric, Gas-Natural
Water: Public Water

Listed By / Shown By

Listed By

Agency Name: EXP REALTY, LLC
Agency Contact: 973-250-9974

Shown By

Agent Name: Rich & Lisa Small
Agent Phone: (484) 388-9259
Agency Title: RealtyMark

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Estimated Payment

$ 1,971.86 per month $1,112.56 Principal & Interest $713.50 Property Tax $145.80 Homeowner's Insurance

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All commissions are negotiable Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is 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. Information on this site was last updated 04/23/2026. The listing information on this page last changed on 04/23/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 04/23/2026 12:23:05 AM EST) or Stellar MLS (last updated Thu 04/23/2026 12:14:07 AM EST) or GSMLS (last updated Wed 04/22/2026 11:54:09 PM EST) or Emerald Coast MLS (last updated Thu 04/23/2026 12:05:24 AM EST) or Central Panhandle Association of Realtors (last updated Thu 04/23/2026 12:17:20 AM EST) or Beaches MLS (last updated Thu 04/23/2026 12:19:41 AM EST) or Naples MLS (last updated Wed 04/22/2026 11:40:20 PM EST) or Bright MLS (last updated Thu 04/23/2026 12:14:50 AM EST) or OneKey MLS (last updated Thu 04/23/2026 12:21:15 AM EST). Real estate listings held by brokerage firms other than RealtyMark may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Agent License Information: Rich's PA License #: RS337611 Lisa's PA License #: RS270728

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