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122 Milligan Pl

South Orange Village Twp., NJ 07079
  • $1,150,000
  • STATUS: Active
  • ON SITE: 8 Days
  • MLS #: 3949353
UPDATED: 49 min ago
$1,150,000
  • 11
    BEDS
  • 0.16
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Type:
Single-Family Home
Built:
1873
County:

School Information

High School:

Description

Prime Income Property in the Heart of South Orange - Steps from Seton Hall! Discover an exceptional investment opportunity with this stunning Victorian home in the heart of South Orange. Boasting 11 bedrooms and 3 full baths and in house laundry, this expansive property offers a unique blend of historic charm and modern convenience, perfect for generating significant passive income.The home features a wrap-around front porch, ideal for relaxation, and ample yard space, adding to its appeal. Inside, spacious rooms provide comfortable living arrangements, making it a sought-after rental property. Recent capital improvements ensure long-term value and minimal maintenance concerns for the next owner. With its most recent lease at $9,500/month, this property presents strong, consistent rental income. Its prime location just blocks from Seton Hall University ensures steady demand from students and faculty alike. Additionally, the home is conveniently situated near shops, restaurants, NYC transportation, and all that South Orange has to offer. Whether you're an investor looking for a high-yield asset or someone seeking a turn-key rental property in a thriving community, this Victorian gem is not to be missed.

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Garden State MLS logo © 2025 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Sue Adler Team - Keller Williams. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than The Sue Adler Team - Keller Williams are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-03-15T06:47:02.937.
www.latestnjlistings.com/homes/161162203
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122 Milligan Pl South Orange Village Twp., NJ 07079

  • Price: $1,150,000
  • Status: Active
  • On Site: 8 Days
  • Updated: 49 min ago
  • MLS #: 3949353
11
Beds
3
Baths
0
½ Baths
0.16
Acres
1873
Built
County:
Essex
Area:
South Orange Village Twp.
High School:
Columbia
Property Description
Prime Income Property in the Heart of South Orange - Steps from Seton Hall! Discover an exceptional investment opportunity with this stunning Victorian home in the heart of South Orange. Boasting 11 bedrooms and 3 full baths and in house laundry, this expansive property offers a unique blend of historic charm and modern convenience, perfect for generating significant passive income.The home features a wrap-around front porch, ideal for relaxation, and ample yard space, adding to its appeal. Inside, spacious rooms provide comfortable living arrangements, making it a sought-after rental property. Recent capital improvements ensure long-term value and minimal maintenance concerns for the next owner. With its most recent lease at $9,500/month, this property presents strong, consistent rental income. Its prime location just blocks from Seton Hall University ensures steady demand from students and faculty alike. Additionally, the home is conveniently situated near shops, restaurants, NYC transportation, and all that South Orange has to offer. Whether you're an investor looking for a high-yield asset or someone seeking a turn-key rental property in a thriving community, this Victorian gem is not to be missed.
Exterior Features

Approximate Lot Size .158 AC Exterior Description Wood Exterior Features Open Porch(es) Parking Driveway Description None Primary Style Victorian Roof Description Asphalt Shingle Style Victorian

Interior Features

Appliances Carbon Monoxide DetectorDishwasherDryerRange/Oven-GasRefrigeratorWasher Basement Yes Basement Description Unfinished Basement Level Rooms Storage RoomUtility Room Bedroom1 Level Ground Bedroom2 Level Ground Bedroom3 Level Ground Bedroom4 Level Second Cooling Window A/C(s) Family Room Level Ground Fireplace Description Non-Functional Flooring LaminateWood Ground Level Rooms 3BedroomBathMainDiningRmFoyerKitchenLaundryPantry Heating Baseboard - Hotwater Interior Features Carbon Monoxide DetectorFire ExtinguisherHigh CeilingsSmoke Detector Kitchen Area Eat-In KitchenPantry Kitchen Level Ground Level2 Rooms 4 Or More BedroomsBath Main Level3 Rooms 3 BedroomsBath Main Living Room Level Ground Number Of Fireplaces 4 Number Of Rooms 15 Other Room1 Bedroom Other Room1 Level Second Other Room2 Bedroom Other Room2 Level Second Other Room3 Bedroom Other Room3 Level Second Other Room4 Bedroom Other Room4 Level Second

Property Features

Assessment Total 779700 Block Identifier 2011 Building Assessment 531400 Community Living No Easement Unknown Fha Age Restricted No Fuel Type Gas-Natural Land Assessment 248300 Sewer Public Sewer Sub Property Type Single Family Tax Amount 19562 Tax Rate Amount 2.509 Tax Year 2024 Utilities ElectricGas-Natural Water Public Water Year Built Description Approximate

Listing information © 2025 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of COLDWELL BANKER REALTY: 646-662-6655.


Garden State MLS logo © 2025 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Sue Adler Team - Keller Williams. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than The Sue Adler Team - Keller Williams are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-03-15T06:47:02.937.
 
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Short Hills NJ, 07078