142 Island Ave
Little Falls Tw, NJ 07424

$500,000

Beds: 3
Baths: 1
Sq. Ft.: N/A
Type: House
Listing #4056246
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.
Property Features
Location Information
County: Passaic
Community Living: No
Latitude: 40.88764
Longitude: -74.23953
Directions: Main St. to Parkway to Island Ave.
Interior Features
Total Rooms: 6
Interior: TubShowr
Master Bedroom Description: 1st Floor
Dining Room Description: Formal Dining Room
Kitchen Description: Not Eat-In Kitchen
Has Fireplace: No
Number of Fireplaces: 0
Heating: 1 Unit, Forced Hot Air
Heating Fuel: Gas-Natural
Cooling: See Remarks, Wall A/C Unit(s)
Floors: Wood
Water Heater: Gas
Appliances: Range/Oven-Gas, Refrigerator
Has Basement: No
Exterior Features
Style: Ranch
Siding: Wood Shingle
Roof: Asphalt Shingle
Sewer: Public Sewer
Water: Public Water
Utilities: Gas-Natural
Has Garage: No
Garage Spaces: 0
Driveway: 1 Car Width
Lot Description: Waterfront
Lot Size: 121X109
Lot Size in Acres: 0.3
Zoning: Residential
School
Elementary School: NUMBER 3
Jr. High School: NUMBER 1
High School: P V H S
Additional Information
Property Type: SFR
Property SubType: Single Family
Year Built: 1950
Status: Active
Senior Community: No
Tax Amt / Rate / Rate Yr / Yr: 2712 / 3.496 / 2026 / 2025
Tax Year: 2025
Tax Amount: $2,712
Days On Market: 16


$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
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Interest Rate
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Down Payment
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Seller's Representative:
WEICHERT REALTORS
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GSMLS (Broker IDX) data last updated at November 4, 2026, 12:47 AM ET