Home » Real Estate » NJ » Paterson » 07502 » 94 Manchester Avenue, Paterson, NJ, 07502
$520,000

94 Manchester Avenue, Paterson, NJ, 07502

5 Beds
3 Baths
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. 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.
Offered By
Matthew Gevirtz, EXP Realty, LLC

Property Details

Property Type 2-4 Family
Status Active
Bedrooms 5
Bathrooms (Full) 3
MLS # 26020153

Market Trends

New Properties On Market
15
15% Increase In New Listings
Average Asking Price
$427,259
$93,107 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$260
$157 Increase In List Price/Sq. Ft.
Data as of Jun 04, 2026. Remaining statistics above are calculated on activity within the period from Apr 01, 2026 to May 31, 2026.

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