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120 Milligan Pl South Orange, NJ $ 1,550,000
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$ 1,550,000 Get more info
120 Milligan Pl
$ 1,550,000
Back to search
Share Save

120 Milligan Pl

South Orange, NJ, 07079
$ 1,550,000
Bedrooms14 Baths4.0

Monthly Estimate*

$ 9,283

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Multi-Family Home for sale in South Orange, NJ

for $1,550,000 with 14 bedrooms and 4 full baths. This home was built in 1854 on a lot size of 0.17.

BACK ON THE MARKET! Welcome to a legal boarding house with 11 units nestled on a serene street, resting on a sprawling lot. Features 14 expansive bedrooms and generous living spaces, presenting unmatched potential. The property has a 4 bedroom unit on the ground floor, 9 individual one bedroom rooming units on the 2nd and 3rd floor, and studio unit in the back of the home. Generating close to $14,000 RENT ROLL PER MONTH! Located within a few blocks from Seton Hall University. **Seller financing option available pending approval.** Special package deal: Both properties, including 122 Milligan, can be purchased as a package deal.

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Multi-Family Active

Price

$ 1,550,000

Bedrooms

14

Full Bath

4

Property Type

Multi-Family

Taxes

$ 19,687

Style

3-Three Story

Lot Size

0.17

Year Built

1854

Town/City

South Orange

County/Region

Essex

MLS | Web ID

3897532
Features
General
Sewer Public Sewer
Heating Baseboard - Hotwater
Cooling Window A/C(s)
Utilities Gas-Natural
Possession after closing
Roof Asphalt Shingle
Architectural Style 3-Three Story
Year Built 1854
Township South Orange Village Twp.
Tax Year 2023
Gross Income 161220
County Essex
Net Operating Income 118152
Operating Expense 43068
Total Rooms 17
Full Baths 4
Status Active
Directions Please use google maps.
Open Parking Spaces 7
NumberOfUnitsTotal 3
Tax Annual Amount 19687
Drive Additional Parking Blacktop Driveway-Shared
Standard Status Active
Tax Assessed Value 541300
Town # 1619
Tax Lot 6
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Interior
Basement Unfinished
Unit 1 Baths Total 1.0
Unit 1 Beds Total 4
Unit 2 Baths Total 1.0
Unit 2 Beds Total 1
Unit 3 Baths Total 1.0
Unit 3 Beds Total 9
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 14
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Exterior
Water Source Public Water
Exterior Description Vinyl Siding
Lot Dimensions .172 AC
Lot Size Acres 0.17
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* Excluded Features
List By
ELSON BRIAN GONZALEZ

Listing Agent

Exp Realty, Llc

Broker

brianrealestate13@gmail.com

Email

Affordability Calculator

$10,924
Per Month
85%
15%
0%
Monthly Principal & Interest
$9,283
Monthly Property Taxes
$1,641
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/22/2024$1,550,000 Listed Price

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120 Milligan Pl, South Orange, NJ, 07079 is a Multi-Family Home for sale at $1,550,000 with a lot size of 0.17. 120 Milligan Pl has 14 bedrooms, 4.0 baths, and was built in 1854. The property's zip code is 07079 which is in South Orange, NJ

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