122 Milligan Pl
South Orange Village Twp, NJ 07079
Price: $1,150,000
GSMLS: 3949353Type: Single Family
Style: Victorian
Beds: 11
Baths: 3 Full
Garage: No
Year Built: 1873
Acres: 0.16
Property Tax: $19,562
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.
Rooms Sizes
Kitchen:
Ground
Dining Room:
n/a
Living Room:
Ground
Family Room:
Ground
Den:
n/a
Bedroom 1:
Ground
Bedroom 2:
Ground
Bedroom 3:
Ground
Bedroom 4:
Second
Room Levels
Basement:
Storage Room, Utility Room
Ground:
3Bedroom,BathMain,DiningRm,Foyer,Kitchen,Laundry,Pantry
Level 1:
n/a
Level 2:
4 Or More Bedrooms, Bath Main
Level 3:
3 Bedrooms, Bath Main
Level Other:
n/a
Room Features
Kitchen:
Eat-In Kitchen, Pantry
Dining Room:
n/a
Master Bedroom:
n/a
Bath:
n/a
Interior Features
Square Foot:
n/a
Year Renovated:
n/a
Basement:
Yes - Unfinished
Full Baths:
3
Half Baths:
0
Appliances:
Carbon Monoxide Detector, Dishwasher, Dryer, Range/Oven-Gas, Refrigerator, Washer
Flooring:
Laminate, Wood
Fireplaces:
4
Fireplace:
Non-Functional
Interior:
Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, Smoke Detector
Exterior Features
Garage Space:
No
Garage:
n/a
Driveway:
None
Roof:
Asphalt Shingle
Exterior:
Wood
Swimming Pool:
n/a
Pool:
n/a
Utilities
Heating System:
Baseboard - Hotwater
Heating Source:
Gas-Natural
Cooling:
Window A/C(s)
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Services:
n/a
Lot Features
Acres:
0.16
Lot Dimensions:
n/a
Lot Features:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
COLUMBIA
Community Information
County:
Essex
Town:
South Orange Village Twp.
Neighborhood:
n/a
Application Fee:
n/a
Association Fee:
n/a
Fee Includes:
n/a
Amenities:
n/a
Pets:
n/a
Financial Considerations
List Price:
$1,150,000
Tax Amount:
$19,562
Land Assessment:
$248,300
Build. Assessment:
$531,400
Total Assessment:
$779,700
Tax Rate:
2.51
Tax Year:
2024
Ownership Type:
Fee Simple
Listing Information
MLS ID:
3949353
List Date:
03-06-2025
Days On Market:
5
Listing Broker:
COLDWELL BANKER REALTY
Listing Agent:
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: FoxHomeHunter.com
