120 Milligan PlSouth Orange Village Twp., NJ 07079

Single Family · 14 Beds · 4 Full Baths
$1,295,000 Active

120 Milligan Pl Overview

Time on Site:
226 days
Visits:
2

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)

Listing provided courtesy of COLDWELL BANKER REALTY- MLS# 3998003MLS ProviderContact Information: 646-662-6655
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120 Milligan Pl Facts & Features

  • Type Single Family

Details

General

Building Information

  • Year Built: 1854

Location/Region

  • County Or Parish: Essex

Building Exterior/Construction

  • Construction Date/Year Built Des: Approximate

Community/Development

  • Community Living: No

Tax Information

  • City Tax: *
  • County Tax: *
  • Tax Amount Tax: *
  • Tax Annual Amount: $21,730.00
  • Tax Assessed Value: *
  • Tax Rate Amount: 2.509
  • Tax Rate Year: 2025
  • Tax Year: 2024

General Information

  • Primary Style: Victorian
  • Property Sub Type: Single Family
  • Property Type: Residential
  • Senior Community: No

Interior

Building Information

  • Basement Level Rooms: Laundry Room, Storage Room, Utility Room, Walkout

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Bathrooms Total: 4.00
  • Bedrooms Total: 14

Building Interior

  • Appliances: Carbon Monoxide Detector, Cooktop - Gas, Dishwasher, Dryer, Refrigerator, Wall Oven(s) - Gas, Washer

General Information

  • Cooling: Window A/C(s)
  • Fireplaces Total: 0
  • Heating: Baseboard - Hotwater
  • Rooms Total: 17

Room Information

  • Dining Room Level: First
  • Ground Level Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other, Dining Room, Kitchen, Living Room
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main
  • Level 3 Rooms: 4 Or More Bedrooms, Bath Main
  • Living Room Level: First

Exterior

Building Information

  • Color of Building: Tan

Parking Information

  • Parking Features: Blacktop, Off-Street Parking
  • Parking Total: 9

Lot Information

  • Lot Size Area: .172 AC
  • Water Source: Public Water

Building Exterior/Construction

  • Architectural Style: Victorian, Multi Floor Unit
  • Construction Materials: Vinyl Siding
  • Roof: Asphalt Shingle

General Information

  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural

120 Milligan Pl Neighborhood

Community

07079 (South Orange Village Twp.) Demographics

35
Median Age
5,889
Population Density (per sq. mile)
76%
College Educated
$150,469
Estimated Median Income
3,551
Estimated Total Home Owners
1,650
Estimated Total Renters
68% / 32%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

120 Milligan Pl Monthly Cost

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$ %
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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

120 Milligan Pl Market Data

Based on the last 30 days in this zip code

$818,306
Average List Price
$18,545
Average Price per Square Foot
3
Properties Sold
36
Average Days on Market
16
Properties for Sale
Calculations provided by Reliance Network

120 Milligan Pl History

Date Event Value Agent
11/15/2025Source: Garden State MLS Added to Database
November 15, 2025
11/15/2025Source: Garden State MLS Added to Database
November 15, 2025