142 Island Ave
Little Falls Twp, NJ 07424
Price: $500,000
GSMLS: 4056246Type: Single Family
Style: Ranch
Beds: 3
Baths: 1 Full
Garage: No
Year Built: 1950
Acres: 0.30
Property Tax: $2,712
Description
Bring your contractor, your ideas, and your vision to explore the possibilities this property has to offer. Situated along the Passaic River, this tenant-occupied property offers a unique opportunity for an investor, contractor, or buyer looking for a project. The home is in need of updating and repairs, making it an ideal handyman special, while offering immediate rental income and the opportunity to consider future improvements and long-term plans for the property. Located near major roadways, shopping, dining, and area amenities, this property combines an established rental with future upside potential. Property is located in a flood zone and requires flood insurance. Per sellers, the home has not experienced flooding during their ownership. Property is being sold strictly "AS IS". Buyer is responsible for all municipal inspections, certifications, and due diligence.
Rooms Sizes
Kitchen:
First
Dining Room:
First
Living Room:
First
Family Room:
n/a
Den:
n/a
Bedroom 1:
First
Bedroom 2:
First
Bedroom 3:
First
Bedroom 4:
n/a
Room Levels
Basement:
n/a
Ground:
n/a
Level 1:
3 Bedrooms, Bath Main, Dining Room, Kitchen, Laundry Room, Living Room
Level 2:
n/a
Level 3:
n/a
Level Other:
n/a
Room Features
Kitchen:
Not Eat-In Kitchen
Dining Room:
Formal Dining Room
Master Bedroom:
1st Floor
Bath:
n/a
Interior Features
Square Foot:
n/a
Year Renovated:
n/a
Basement:
No
Full Baths:
1
Half Baths:
0
Appliances:
Range/Oven-Gas, Refrigerator
Flooring:
Wood
Fireplaces:
No
Fireplace:
n/a
Interior:
TubShowr
Exterior Features
Garage Space:
No
Garage:
n/a
Driveway:
1 Car Width
Roof:
Asphalt Shingle
Exterior:
Wood Shingle
Swimming Pool:
n/a
Pool:
n/a
Utilities
Heating System:
1 Unit, Forced Hot Air
Heating Source:
Gas-Natural
Cooling:
See Remarks, Wall A/C Unit(s)
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Services:
Cable TV Available
Lot Features
Acres:
0.30
Lot Dimensions:
121X109
Lot Features:
Waterfront
School Information
Elementary:
NUMBER 3
Middle:
NUMBER 1
High School:
P V H S
Community Information
County:
Passaic
Town:
Little Falls Twp.
Neighborhood:
n/a
Application Fee:
n/a
Association Fee:
n/a
Fee Includes:
n/a
Amenities:
n/a
Pets:
n/a
Financial Considerations
List Price:
$500,000
Tax Amount:
$2,712
Land Assessment:
$71,000
Build. Assessment:
$6,600
Total Assessment:
$77,600
Tax Rate:
3.50
Tax Year:
2025
Ownership Type:
Fee Simple
Listing Information
MLS ID:
4056246
List Date:
10-01-2026
Days On Market:
1
Listing Broker:
WEICHERT REALTORS
Listing Agent:
Nancy Adams
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: EdenLaneLiving.com
