This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/36
$499,900
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/36
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.
Full Property Details
Full Property Details for 94 Manchester Ave
General
- Price: $499,900
- Taxes: $8,562 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4021833
- Updated: 4/20/2026
- Added to Site: 7 day(s) ago
Interior
- Number of Rooms: 8
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Parking
- Garage Description: See Remarks
Location
- County: Passaic
- Driving Directions: UNION AVE TO MANCHESTER AVE
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: 2 Units, Forced Hot Air
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Finished, Full
- Roof: Asphalt Shingles
- Year Built: 1939
- Remodeled/Updated: 2021
Unit Information
Unit 1
- Unit Description: Bedrooms, Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Kitchen, Living/Dining Room
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 25 x 100
- Driveway/Sidewalk: None
Financial Considerations
- Assessment Amount: $211,100
- Land Assmt: $177,500
- Tax Amount: $8,562
- Tax Year: 2025
Disclosures and Reports
- Disclosures: Yes
- Block: 903
- Lot Number: 16
Listed by Exp Realty, Llc
Get Pre-Approved Today
Schools
Schools serving 94 Manchester Ave
School District:Paterson City School District
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 94 Manchester Ave
Date
Details
Price
Change
Source
4/20/2026
Listed
$499,900
263.56%
MLS
11/10/2017
Sold
$137,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 94 Manchester Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,177
10%
$160,500
—
2022
$7,450
4%
$160,500
—
2021
$7,184
9%
$160,500
5%
2018
$6,588
3%
$152,300
-1%
2019
$6,387
2%
$154,500
2%
2017
$6,286
—
$151,100
4%
2016
$6,305
6%
$145,300
—
2015
$5,969
-26%
$145,300
-51%
2013
$8,070
—
$294,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 94 Manchester Ave
94 Manchester Ave, Paterson, NJ 07502 (MLS# 4021833) is a Multi-Family property with 2 units containing 5 bedrooms and 3 full bathrooms. 94 Manchester Ave is currently listed for $499,900 and was received on April 20, 2026. Want to learn more about 94 Manchester Ave? Do you have questions about finding other Multi-Family real estate for sale in Paterson? You can browse all Paterson real estate or contact a Coldwell Banker agent to request more information.

