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120 Milligan Pl, South Orange, NJ 07079
$1,550,000
120 Milligan Pl, South Orange, NJ 07079View this property at 120 Milligan Pl, South Orange, NJ 07079
120 Milligan PlSouth OrangeNJ07079
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Property Description
EXCLUSIVE INVESTMENT OPPORTUNITY! Welcome to a legal boarding house nestled on a serene street. This remarkable home, resting on a sprawling lot, features 14 expansive bedrooms and generous living spaces, presenting unmatched potential. Generating close to 14k RENT ROLL. Currently leased to Seton Hall students on the first floor, and leased boarding rooms on the remaining top two floors, it ensures promising returns. Act swiftly - viewings are limited. Special package deal: Both properties, including 122 Milligan, owner would prefer to sell them as a package deal. Sold 'as is'.
Full Property Details
Full Property Details for 120 Milligan Pl
General
- Price: $1,550,000
- Taxes: $19,687 (2023)
- Status: Active
- Type: Multi-Family
- MLS ID: 3897532
- Updated: 4/29/2024
- Added to Site: 14 day(s) ago
Interior
- Number of Rooms: 17
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 14
Location
- County: Essex
- Driving Directions: Please use google maps.
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: Baseboard - Hotwater
- Heating Fuel: Natural Gas
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt Shingles
Unit Information
Unit 1
- Unit Description: Bedrooms, Family Room, Kitchen
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 4
Unit 2
- Unit Description: Bedrooms
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Unit Description: Bedrooms
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 9
Lot Features
- Lot Size (Acres): 0.17
- Lot Dimensions: .172 AC
- Driveway/Sidewalk: Additional Parking, Blacktop, Driveway-Shared
Financial Considerations
- Operating Expenses: $43,068
- Assessment Amount: $343,800
- Land Assmt: $197,500
- Tax Amount: $19,687
- Tax Year: 2023
Disclosures and Reports
- Block: 2011
- Lot Number: 6
Listed by Exp Realty, Llc
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Schools
Schools serving 120 Milligan Pl
School District:South Orange-Maplewood Schools
Rating | Name | Grades | Distance |
---|---|---|---|
444 W South Orange Ave, South Orange, NJ 07079 | PK-5 | 0.8 mi | |
70 N Ridgewood Rd, South Orange, NJ 07079 | 6-8 | 0.4 mi | |
17 Parker Ave, Maplewood, NJ 07040 | 9-12 | 0.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 120 Milligan Pl
Date
Details
Price
Change
Source
4/22/2024
Listed
$1,550,000
58.97%
MLS
5/11/2022
Sold
$975,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 120 Milligan Pl
Year
Property Taxes
Change
Tax Assessment
Change
2022
$18,983
4%
$541,300
—
2021
$18,323
7%
$541,300
—
2018
$17,051
-2%
$541,300
—
2019
$17,311
4%
$541,300
—
2017
$16,629
3%
$541,300
28%
2016
$16,158
2%
$422,100
—
2015
$15,782
2%
$422,100
—
2014
$15,453
—
$422,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 120 Milligan Pl
120 Milligan Pl, South Orange, NJ 07079 (MLS# 3897532) is a Multi-Family property with 3 units containing 14 bedrooms and 4 full bathrooms. 120 Milligan Pl is currently listed for $1,550,000 and was received on April 22, 2024. Want to learn more about 120 Milligan Pl? Do you have questions about finding other Multi-Family real estate for sale in South Orange? You can browse all South Orange real estate or contact a Coldwell Banker agent to request more information.