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Triplex with Finished Basement

40 Manchester Avenue Paterson, NJ 07502

New
40 Manchester Avenue, Paterson, NJ, 07502
$860,000
For Sale
$860,000

Triplex with a fully finished basement and 10 parking spaces, plus a currently vacant second-floor apartment.

Property Size900 SF
Price / SF$955.56
Days on Market7

Property Features for 40 Manchester Avenue

General Information

Standard status
Active
Size
900 SF
Property subtype
Multi Family / 3-Three Story

Building Details

Year Built
1940
Listing agency PROMISE LAND REALTY
Listed by GUIDO BARRANTES · License #250954
Source Compass
Added: Jul 15 Updated: Jul 21 at 4:22PM Checked: Jul 21 at 4:22PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of PROMISE LAND REALTY


Investment Insights

Based on property information with market context.

This triplex at 40 Manchester Avenue includes three residential units, with the second-floor apartment currently vacant and intended to remain so to facilitate the purchase. The property also features a fully finished basement that can be used as additional functional space (subject to corresponding municipal approvals) or maintained as a large storage area. The building is described as up to date with all local and state inspections, with no pending inspections reported.

The property provides 10 parking spaces, which may support resident and tenant needs. It is also noted as easy to show, with same-day showings available for buyers who have a pre-qualification letter or proof of funds.

Overall, the layout is designed to offer straightforward multi-unit income potential, with a practical parking setup and usable below-grade finished space.

Key Highlights

  • Triplex with a fully finished, full basement and vinyl siding
  • Finished full basement plus marble and parquet floors
  • Asphalt shingle roof; includes carbon monoxide detector and smoke detectors

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Catering Service Nursing Home Pet Grooming Service Nursing Home (Bike/Boat/Book/etc) Store Restaurant Tanning Salon (Bike/Boat/Book/etc) Store Pet Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Triplex with a fully finished basement and 10 parking spaces, plus a currently vacant second-floor apartment.
Where is this triplex located?
The property is located at 40 Manchester Avenue Paterson, NJ.
What is the asking price?
The asking price for this property is $860,000.
What are key features of this property?
This property features: Triplex with a fully finished, full basement and vinyl siding; Finished full basement plus marble and parquet floors; Asphalt shingle roof; includes carbon monoxide detector and smoke detectors
Contact an agent
More about this property
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