new - 2 days on rocket

112-116 Milligan Pl, South Orange Village Twp, NJ, 07079

$1,379,000

Home List Price

$10,000*

Closing Credit

10 Bedrooms
4 Full Baths
Multi

Location

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112-116 Milligan Pl, South Orange Village Township$1,379,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking2 Car Width, Blacktop, Attached Garage
Attached Garage1 space
Year Built1908
HeatingNatural Gas
CoolingNone
BasementYes
MLS #3939745
Lot Size0.14 Acres
StatusActive

About 112-116 Milligan Pl

112-116 Milligan are two conjoining duplex rental properties with extensive income potential, an ideal location close to Seton Hall campus & downtown South Orange, and updates throughout. The current owners have had zero vacancy since 2011 on either side, and have completed major capital improvements during their ownership including roof, windows, column and front porch replacement, added full bathrooms, and updated flooring, kitchens and mechanicals. Rent has the potential to increase in correlation with market value, and existing leases based on the University schedule/habitable cadence. 112-116 Milligan has an impressive footprint, recent upgrades, and a consistent stream of eligible renters in a location that has regular and reliable needs for housing opportunities, creating the ideal climate for steady return on investment. Also great for Owner-Occupied! Don't let this stellar opportunity pass you by. THESE PROPERTIES ARE DEEDED SEPARATELY FROM EACH OTEHR AND WILL CLOSE AS 2 SEPERATE TRANSACTIONS, BUT ARE BEING SOLD TOGETHER. PLEASE SEE MLS # 3939730 & 3939734 FOR DETAILS

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex-Side by Side
  • Year Built: 1908

Listing Office:

  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (646) 662-6655

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Basement: Yes
  • Interior: Blinds, Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, Smoke Detector, Vinyl-Linoleum Floors, Wood Floors

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 10

Exterior Features

Exterior Information:

  • Exterior: Open Porch(es), Privacy Fence

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: 2 Car Width, Blacktop, Attached Garage

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: None

Other

Directions Information:

  • Directions: Academy or Prospect to Milligan

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,379,000
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Housing Market Comparison

See how this home compares to others in South Orange Village Township, NJ.

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South Orange Village Township, NJ

City

Med. Sold Price

$990K

Med. Price/SqFt

$446

# of Sold Homes

9

112-116 Milligan Pl vs South Orange Village Township

2 DAYS ON ROCKET

$1,379,000

+$389K More

KEY TAKEAWAY

This property is $389K more than the Median Sold Price in South Orange Village Township, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3939745

Listing Office:

  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (646) 662-6655

Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.

Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/7/2025, 12:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-715219
6
/10

  • Clinton Elementary School

  • 27 Berkshire Rd

  • 0.61 miles

  • Public District Grades PK-5

school-card-donut-715220
7
/10

  • South Mountain Elementary School

  • 444 W South Orange Ave

  • 0.83 miles

  • Public District Grades KG-5

school-card-donut-715221
7
/10

  • Jefferson Elementary School

  • 518 Ridgewood Rd

  • 1.20 miles

  • Public District Grades 3-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,754. The most common annual income of people living in South Orange Village Township, NJ is between $35k-100k. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Essex County›South Orange Village Township›07079›112-116 Milligan Pl

This home is located at 112-116 Milligan Pl in South Orange Village Twp, NJ and zip code 07079. This home, which was built in 1908, sits on a 0.14 acre lot. Features: 10 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 04, 2025 and is currently priced at $1,379,000.

Over 7 listings were sold over their listed price in December 2024 in South Orange Village Township, NJ. In the same period over 2 listings were sold below the listed price and 0 listings were sold for the listed price. Between November 2024 and December 2024, South Orange Village Township, NJ real estate market has seen decrease in the number of listings by 21.7%.

From Rocket Homes Real Estate and based on county public records data.

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