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3 Beds
1 Bath

$500,000

142 Island Ave, Little Falls Twp NJ, 07424

Built in1950
Property typeResidential

Overview

Active

Listed Oct 1, 2026

Updated 2 days ago

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.

$3,327/mo

Est. mortgage payment based on a $500,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
4056246

Interior Features

Bedrooms
3
Bathrooms
1
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.3 Acres

Other Property Details

Taxes
$2,712
Tax Frequency
Annually
Waterfront
Yes
55+/Senior Community
No

Courtesy of WEICHERT REALTORS with NANCY ADAMS,
Listing Contact: 848-702-0888 

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