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Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

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94 Manchester Ave , Paterson City, NJ 07502
$469,900
Est. Payment: $2,564.44/mo
5 Bed
3 Bath
0.06 Acres
Status: active | Days on site: 1
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Susan Maryanski
Operator

House 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. 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.

Highlights

Listed by MATTHEW GEVIRTZ , MP and SERHAT OKDEMIR , MP EXP REALTY, LLC , 866-201-6210. Garden State MLS

Property Type

Multi-Family

Lot/Acreage
0.06

Year Built

1939

County

Passaic

Listing ID

4056877

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:5
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:3
Air Cond:Window A/C(s)
Fireplaces:
Basement:Finished,Full
Water:Public Water

Exterior Features

Lot Dimensions:25 X 100
Roof:Asphalt Shingle
Others:
  • ▪ Additional:Vinyl Siding
Sewer:Public Sewer
Parking Features:See Remarks
Principal Interest
$2,564
Taxes
$714

Home Price

$469,900

Loan Details

30 yrs
7.25%

Down Payment

20%
$93,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,564.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,564.44 $713.50 $0.00 $3,277.94
Yearly $30,773.24 $8,562.00 $0.00 $39,335.24
Total $923,197.35 $256,860.00 $0.00 $1,180,057.35

Today's Rates

30 Year

7.25%

20 Year

7.06%

15 Year

6.58%

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Market insight data is pulled from the same city as the listing being viewed (Paterson City, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Garden State MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-22T23:38:27.000Z

© 2026 Garden State MLS