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
$520,000
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
- 36 days |
- 494 |
- 20 |
Zillow last checked:
Listing updated:
Listed by:
Matthew Gevirtz 973-250-9974,
Exp Realty, Llc,
Serhat Okdemir
Source: GSMLS,MLS#: 4031912
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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: 6/3/2026
- 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 |
|---|---|---|
| 6/3/2026 | Listed for sale | $520,000+4% |
Source:  GSMLS #4031912 Report a problem | ||
| 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: GSMLS #4021833 Report a problem | ||
| 3/26/2026 | Listing removed | $529,900 |
Source: GSMLS #4006723 Report a problem | ||
| 3/14/2026 | Price change | $529,900-1.9% |
Source: GSMLS #4006723 Report a problem | ||
| 2/12/2026 | Listed for sale | $539,900 |
Source: GSMLS #4006723 Report a problem | ||
| 1/30/2026 | Pending sale | $539,900 |
Source: GSMLS #4006723 Report a problem | ||
| 1/25/2026 | Listed for sale | $539,900 |
Source: GSMLS #4006723 Report a problem | ||
| 10/30/2025 | Listing removed | $539,900 |
Source: GSMLS #3955663 Report a problem | ||
| 10/6/2025 | Pending sale | $539,900 |
Source: GSMLS #3955663 Report a problem | ||
| 7/29/2025 | Listed for sale | $539,900 |
Source: GSMLS #3955663 Report a problem | ||
| 7/10/2025 | Pending sale | $539,900 |
Source: GSMLS #3955663 Report a problem | ||
| 6/3/2025 | Price change | $539,900-1.7% |
Source: GSMLS #3955663 Report a problem | ||
| 5/5/2025 | Price change | $549,000-6.9% |
Source: GSMLS #3955663 Report a problem | ||
| 4/8/2025 | Listed for sale | $589,900+329% |
Source: GSMLS #3955663 Report a problem | ||
| 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 | Price change | $179,000-10.1% |
Source: HOMELAND REALTY #3195382 Report a problem | ||
| 1/31/2015 | Listed for sale | $199,000-26.3% |
Source: HOMELAND REALTY #3195382 Report a problem | ||
| 5/23/2008 | Listing removed | $269,900+19.4% |
Source: Century 21 #2495107 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 | -- | $13,400 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Totowa
Nearby schools
GreatSchools rating
- 5/10School 19Grades: K-4Distance: 0 mi
- 4/10Joseph A. Taub SchoolGrades: 6-8Distance: 0.3 mi
- 1/10John F. Kennedy High SchoolGrades: 9-12Distance: 0.4 mi
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- New Jersey
- Passaic County
- Paterson
- 07502
- Totowa
- 94 Manchester Ave
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