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  • $500,000

    142 Island Ave, Little Falls Twp., NJ 07424

    3beds
    --sqft
    : 
    $3,854/mo
    Get pre-qualified
    Single Family Residence
    Built in 1950
    0.3 Acres Lot
    $493,900 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    4 days
    412
    15

    Zillow last checked:

    Listing updated:

    Listed by:

    Nancy Adams 848-702-0888,

    Weichert Realtors

    Source: GSMLS,MLS#: 4056246MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      Primary bedroom
      • Description: 1st Floor
      Bedroom 1
      • Level: First
      Bedroom 2
      • Level: First
      Bedroom 3
      • Level: First
      Dining room
      • Features: Formal Dining Room
      • Level: First
      Kitchen
      • Features: Not Eat-In Kitchen
      • Level: First
      Living room
      • Level: First
      Heating
      • 1 Unit, Forced Air, Natural Gas
      Cooling
      • See Remarks, Wall Unit(s)
      Appliances
      • Included: Range/Oven-Gas, Refrigerator, Gas Water Heater
      • Laundry: Level 1
      Features
      • Flooring: Wood
      • Basement: None
      • Has fireplace: No

      Property

      Parking
      • Parking features: 1 Car Width
      Features
      • On waterfront: Yes
      • Waterfront features: Waterfront
      Lot
      • Size: 0.3 Acres
      • Dimensions: 121 x 109
      Details
      • Parcel number: 2505000720000000030000
      • Zoning description: Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Wood Shingle
      • Roof: Asphalt Shingle
      Condition
      • Year built: 1950

      Utilities & green energy

      • Gas: Gas-Natural
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Natural Gas Connected, Cable Available

      Community & HOA

      Location
      • Region: Little Falls

      Financial & listing details

      • Tax assessed value: $77,600
      • Annual tax amount: $2,712
      • Date on market: 10/1/2026
      • Ownership type: Fee Simple

        Estimated market value

        $493,900

        $469,000 - $519,000

        $2,998/mo

        Price history

        DateEventPrice
        10/1/2026Listed for sale$500,000+635.3%
        Source: GSMLS #4056246 Report a problem
        9/2/2017Listing removed$1,500
        Source: Coldwell Banker Residential Brokerage - Kinnelon / Butler Office #3414736 Report a problem
        9/1/2017Listed for rent$1,500+8.7%
        Source: Coldwell Banker Residential Brokerage - Kinnelon / Butler Office #3414736 Report a problem
        3/11/2012Listing removed$1,380
        Source: Coldwell Banker Residential Brokerage - Kinnelon Office #2916293 Report a problem
        2/10/2012Listed for rent$1,380
        Source: Coldwell Banker Residential Brokerage - Kinnelon Office #2916293 Report a problem
        1/18/2012Sold$68,000-24.4%
        Source: GSMLS #2892165 Report a problem
        11/16/2011Price change$89,900-10%
        Source: Coldwell Banker Residential Brokerage - Kinnelon Office #2892165 Report a problem
        10/31/2011Price change$99,900-16.7%
        Source: Coldwell Banker Residential Brokerage - Kinnelon Office #2892165 Report a problem
        10/10/2011Listed for sale$119,900
        Source: Coldwell Banker Residential Brokerage - Kinnelon Office #2892165 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,586 +1.5%$77,600
        2024$2,547 $77,600
        2023$2,547 +2.2%$77,600
        2022$2,493 -0.6%$77,600
        2021$2,506 +1.5%$77,600
        2020$2,468 +0.7%$77,600
        2019$2,452 -0.1%$77,600
        2018$2,454 +1.3%$77,600
        2017$2,422 +1.5%$77,600
        2016$2,387 +2.7%$77,600
        2015$2,323 +5.2%$77,600
        2014$2,208 -59.2%$77,600 -69.3%
        2012$5,416 +4%$252,500
        2011$5,207 +6.7%$252,500
        2010$4,881 $252,500
        2009-- $252,500 +144%
        2008-- $103,500
        2007-- $103,500
        2006-- $103,500
        2005-- $103,500
        2004$4,026 $103,500
        2003-- $103,500
        2002-- $103,500
        2001-- $103,500
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Singac

        Getting around

        70 / 100
        Very Walkable
        51 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Number 3
        • Middle: Number 1
        • High: P V H S

        Source: GSMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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