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120 Milligan Pl,South Orange Village Twp., NJ 07079-1908 | Wright Home Realty

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Listing Details

120 Milligan Pl,South Orange Village Twp., NJ 07079-1908

  • November 16, 2025

Description

Rare Legal Boarding House in Prime South Orange – Turnkey Income Property! An exceptional investment opportunity awaits with this rare, legal Boarding house, a unique designation that ensures consistent monthly income (Approx $14,000/month) and offers flexibility to rent to individuals or groups.The 1st floor Unit 1 features 4 spacious bedrooms, a large living/dining area, and an eat-in kitchen. A private entrance makes this space ideal for groups seeking a secure and comfortable living arrangement. A separate, 1st floor studio apartment with kitchenette, full bath, and private entrance offers another excellent rental opportunity. The 2nd and 3rd floors (considered Unit 3). contain 9 individually rented bedrooms, fully occupied, with several long-term tenants and no vacancies during Ownership ensuring a reliable income stream. Additional on-property amenities include shared laundry facilities and off-street parking, a highly sought-after feature in this desirable location.Situated just down the block from South Orange Village’s vibrant shops and restaurants, a short distance from Seton Hall University, and adjacent to the direct train to NYC, this property is perfectly positioned for high tenant demand. Catering to a wide variety of tenants, this income-generating property is a rare and valuable find in one of New Jersey’s most desirable rental markets. CAN BE SOLD AS A PACKAGE with 122 MILLIGAN (MLS #3998001)

Details

Last Updated On: November 16th, 2025 at 5:09 am
Property ID:PT-11122645-AXZR
Offer Type:For Sale
Property Type:Single Family
Price: 1,295,000 $
Bedrooms:14
Bathrooms:4
Year Built:1854

Additional Details

Listing Details

Status: Active

Location

County: Essex
Lotsize: .172 AC
Lot Identifier: 6

Home Details

Total Baths: 4.00
Open Parking: 9
Basement: Yes
Exterior Description: Vinyl Siding
Roof Description: Asphalt Shingle
Style: Victorian, Multi Floor Unit
Acreage: 0.17
Appliances: Carbon Monoxide Detector, Cooktop - Gas, Dishwasher, Dryer, Refrigerator, Wall Oven(s) - Gas, Washer
Basement Description: Unfinished, Walkout
Basement Level Rooms: Laundry Room, Storage Room, Utility Room, Walkout
Living Room Level: First
Dining Room Level: First
Kitchen Level: First
Kitchen Area: Eat-In Kitchen
Level 2 Rooms: 4 Or More Bedrooms, Bath Main
Number of Rooms: 17
YB/Desc: 1854 - Approximate
Color of Building: Tan
Easement: Unknown
Parking/Driveway Description: Blacktop, Off-Street Parking
Primary Style: Victorian
Block Identifier: 2011
County Number: 16
Town Number: 1619
Possession: AT CLOSE

Utilities

Heat Source: Gas-Natural
Heat System: Baseboard - Hotwater
Cool System: Window A/C(s)
Water: Public Water
Sewer: Public Sewer
Utilities: Electric, Gas-Natural

Taxes, Fees & Assessments

Ownership Type: Fee Simple
Tax ID For Property: 1619-02011-0000-00006-0000-
Tax Amount: $21,730.00
Tax Year: 2024
Tax Rate: 2.509%
Tax Rate Year: 2025
Land Assessment: $264,900.00
Building Assessment: $601,200.00
Total Assessment: $866,100.00
Community Living: No

Statistics

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