120 Milligan Pl South Orange Village Twp., NJ 07079
Listing Courtesy of: GARDEN STATE MLS - IDX / Coldwell Banker Realty / Katherine "Kate" Elliott - Contact:  646-662-6655

  120 Milligan Pl South Orange Village Twp., NJ 07079

Active (1 Days)
$1,450,000
14
BED
4
BATH

Description

Rare Investment Opportunity - Legal Boarding House + Victorian Gem in Prime South Orange! Own two adjacent, income-generating properties. 120 & 122 Milligan Place offered together as a turnkey rental portfolio just steps from Seton Hall University and NYC Trains. Combined income is approx: $23,500/month. 120 Milligan (MLS #3979738) is a rare, legal boarding house, fully occupied, offering exceptional rental flexibility to individuals or groups. The first floor includes a 4-bedroom, 1 bath unit with a spacious kitchen, dining are, and private entrance. There is also a separate studio apartment with kitchenette, full bath, and its own entrance. The second and third floors contain 9 individually rental rooms with shared baths and common areas. Shared laundry and off-street parking add to the appeal.122 Milligan Place (GSMLS #3979734) is a beautifully maintained 11-bedroom, 3-bath Victorian with a wraparound porch, large yard, in-house laundry, and recent capital improvements. Current lease is $9,500/month. Both properties are ideally located near Seton Hall, and NYC Transport ensuring consistent demand from a wide variety of tenants. A rare, high-yield opportunity in one of NJ's strongest rental markets!

MLS #:
3979742
Taxes
$21,730(2024)
Lot Size
7,405 SQFT
Type
Multifamily
Year Built
1854
County
Essex County

Listed By

Katherine "Kate" Elliott, Coldwell Banker Realty, Contact: 646-662-6655
Source
GARDEN STATE MLS - IDX
Last checked Aug 8 2025 at 3:51 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 4
Interior Features
  • Carbon Monoxide Detector
  • Fire Extinguisher
  • Smoke Detector
Heating and Cooling
  • Baseboard - Hotwater
  • Window A/C(s)
Basement Information
  • Unfinished
  • Walkout
Exterior Features
  • Vinyl Siding
  • Roof: Asphalt Shingle
Utility Information
  • Utilities: Electric, Gas-Natural, Public Water
  • Sewer: Public Sewer
  • Fuel: Gas-Natural
School Information
  • High School: Columbia
Parking
  • Additional Parking
  • Blacktop
  • Driveway-Shared
Additional Information: Maplewood | 646-662-6655
Location
   
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