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.
Active
$469,900
94 Manchester Ave, Paterson City, NJ 07502
5beds
--sqft
Multi Family
Built in 1939
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Street parking availableRefrigerators and microwaves included
- 15 days
- 527
- 23
Zillow last checked:
Listing updated:
Listed by:
Matthew Gevirtz 973-250-9974,
Exp Realty, Llc,
Serhat Okdemir
Source: GSMLS,MLS#: 4056877
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- 2 Units, Forced Air, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Range/Oven - Gas, Electric Water Heater
Features
- Bedrooms, Kitchen, Living Room, Living/Dining Room
- Basement: Yes,Finished,Full
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Parking features: None, See Remarks
Features
- Levels: Two
- Stories: 2
Lot
- Size: 2,613 Square Feet
- Dimensions: 25 x 100
Details
- Parcel number: 2508009030000000160000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt Shingle
Condition
- Year built: 1939
- Major remodel year: 2021
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Location
- Region: Paterson
Financial & listing details
- Tax assessed value: $388,600
- Annual tax amount: $8,562
- Date on market: 10/5/2026
- Total actual rent: 3200
- Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/5/2026 | Listed for sale | $469,900-9.6% |
Source: | ||
| 8/13/2026 | Listing removed | $520,000 |
Source: eXp Realty #26020153 Report a problem | ||
| 6/3/2026 | Listed for sale | $520,000+4% |
Source: | ||
| 6/1/2026 | Listing removed | $499,900 |
Source: eXp Realty #26013640 Report a problem | ||
| 4/20/2026 | Listed for sale | $499,900-5.7% |
Source: | ||
| 3/26/2026 | Listing removed | $529,900 |
Source: | ||
| 3/14/2026 | Price change | $529,900-1.9% |
Source: | ||
| 2/12/2026 | Listed for sale | $539,900 |
Source: | ||
| 1/30/2026 | Pending sale | $539,900 |
Source: | ||
| 1/25/2026 | Listed for sale | $539,900 |
Source: | ||
| 10/30/2025 | Listing removed | $539,900 |
Source: | ||
| 10/6/2025 | Pending sale | $539,900 |
Source: | ||
| 7/29/2025 | Listed for sale | $539,900 |
Source: | ||
| 7/10/2025 | Pending sale | $539,900 |
Source: | ||
| 6/3/2025 | Price change | $539,900-1.7% |
Source: | ||
| 5/5/2025 | Price change | $549,000-6.9% |
Source: | ||
| 4/8/2025 | Listed for sale | $589,900+329% |
Source: | ||
| 3/6/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 12/6/2017 | Sold | $137,500-23.6% |
Source: Public Record Report a problem | ||
| 11/22/2016 | Listing removed | $180,000 |
Source: Owner Report a problem | ||
| 8/24/2016 | Price change | $180,000+9.1% |
Source: Owner Report a problem | ||
| 6/3/2016 | Listed for sale | $165,000+17.9% |
Source: Owner Report a problem | ||
| 1/1/2016 | Listing removed | $140,000 |
Source: HOMELAND REALTY #3195382 Report a problem | ||
| 9/24/2015 | Price change | $140,000-11.9% |
Source: HOMELAND REALTY #3195382 Report a problem | ||
| 8/18/2015 | Price change | $159,000-11.2% |
Source: HOMELAND REALTY #3195382 Report a problem | ||
| 7/29/2015 | Listed for sale | $179,000-20.8% |
Source: HOMELAND REALTY #3195382 Report a problem | ||
| 11/18/2005 | Sold | $226,000+88.3% |
Source: Public Record Report a problem | ||
| 11/15/2002 | Sold | $120,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,177 +3.9% | $160,500 |
| 2024 | $7,869 +1.8% | $160,500 |
| 2023 | $7,731 +7.6% | $160,500 |
| 2022 | $7,184 | $160,500 |
| 2021 | $7,184 +12.5% | $160,500 |
| 2020 | $6,387 -3.1% | $160,500 +3.9% |
| 2019 | $6,589 +4.8% | $154,500 +1.4% |
| 2018 | $6,286 -0.3% | $152,300 +0.8% |
| 2017 | $6,305 +5.6% | $151,100 +4% |
| 2016 | $5,969 -30% | $145,300 |
| 2015 | $8,529 +5.7% | $145,300 -50.6% |
| 2014 | $8,070 +9.1% | $294,100 |
| 2013 | $7,397 -9.3% | $294,100 |
| 2012 | $8,151 +18.3% | $294,100 -9.3% |
| 2011 | $6,890 +10.1% | $324,100 |
| 2010 | $6,258 | $324,100 |
| 2009 | -- | $324,100 |
| 2008 | -- | $324,100 |
| 2007 | -- | $324,100 +2318.7% |
| 2006 | -- | $13,400 |
| 2005 | -- | $13,400 |
| 2004 | -- | $13,400 |
Find assessor info on the county website
Monthly payment
Est. payment




