6 months on rocket

120 Milligan Pl, South Orange Village Twp, NJ, 07079

$1,550,000

Home List Price

$10,000*

Closing Credit

14 Bedrooms
4 Full Baths
Multi

Location

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120 Milligan Pl, South Orange Village Township$1,550,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingAdditional Parking, Blacktop, Driveway-Shared
Year Built1854
HeatingNatural Gas
BasementYes
MLS #3897532
Lot Size0.17 Acres
StatusActive

About 120 Milligan Pl

Welcome to a legal boarding house with 11 units nestled on a serene street, resting on a sprawling lot. Features 14 expansive bedrooms and generous living spaces, presenting unmatched potential. The property has a 4 bedroom unit on the ground floor, 9 individual one bedroom rooming units on the 2nd and 3rd floor, and studio unit in the back of the home. Generating close to $14,000 RENT ROLL PER MONTH! Located within a few blocks from Seton Hall University. **Seller financing option available pending approval.** Special package deal: Both properties, including 122 Milligan, can be purchased as a package deal.

Property Details

Property Features

Property Information:

  • Architectural Style: 3-Three Story
  • Year Built: 1854

Listing Office:

  • Office Name: EXP REALTY, LLC
  • Office Phone: (973) 356-9515

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 14

Exterior Features

Parking Information:

  • Parking: Additional Parking, Blacktop, Driveway-Shared

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas

School Info

Assigned Schools Information:

  • Columbia High School, Public District Grades 9-12
  • South Orange Middle School, Public District Grades 6-8
  • South Mountain Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Please use google maps.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,550,000
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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

$995K

Med. Price/SqFt

$446

# of Sold Homes

7

120 Milligan Pl vs South Orange Village Township

194 DAYS ON ROCKET

$1,550,000

+$555K More

KEY TAKEAWAY

This property is $555K 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: #3897532

Listing Office:

  • Office Name: EXP REALTY, LLC
  • Office Phone: (973) 356-9515

Information deemed reliable but not guaranteed. Copyright © 2024 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: 11/5/2024, 12:55:46 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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Payment Calculator

$7,803

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,713

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NMLS#3030

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.

Elementary School

school-card-donut-1860013
8
/10

  • South Mountain Elementary School

  • 444 W South Orange Ave

  • 0.80 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1860014
6
/10

  • South Orange Middle School

  • 70 N Ridgewood Rd

  • 0.41 miles

  • Public District Grades 6-8

High School

school-card-donut-1860015
5
/10

  • Columbia High School

  • 17 Parker Ave

  • 0.73 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,754. Typical income of South Orange Village Township, NJ residents is between $35k-100k annually. The most common type of family is 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›120 Milligan Pl

This home is located at 120 Milligan Pl in South Orange Village Twp, NJ and zip code 07079. This home, which was built in 1854, sits on a 0.17 acre lot. Features: 14 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 24, 2024 and is currently priced at $1,550,000.

In October 2024 more than 5 listings in South Orange Village Township, NJ were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 2 were sold below. The number of listings in South Orange Village Township, NJ increased by 10.7% between September 2024 and October 2024.

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

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