We report on comprehensive measurements of the magnetic, transport, and thermal properties of the Heusler type compound Fe 2+x V 1−x Al at −0.05 x 020. We show that while stoichiometric Fe 2 VAl is a nonmagnetic semimetal (or narrow-gap semiconductor), a substitution on the nominal V-sites with the Fe atom leads to a ferromagnetic ground state above x = x c (∼0.05) with a rising Curie temperature T C and an ordered moment M s . At x = 0.1 and 0.2, the reduced value of the ratio M s /P eff 1, where P eff is the effective Curie-Weiss moment, together with the analysis of the magnetization data M(H ,T ), shows magnetism is itinerant. At a higher temperature T ∼ 60 K, a Schottky anomaly in specific heat C is indicated prominently at x > 0, while the anomaly is observable in the whole experimental range of x. At a lower temperature, an electronic component C/T in specific heat shows a divergence that arises at both x < 0 and x > 0. The resistivity-temperature curve ρ(T ) in the vicinity of the ferromagnetic quantum critical point, x ∼ 0.05, shows a non-Fermi liquid behavior, ρ ∼ T n (n ∼ 1), above H > 20 kOe.