$10,000 Closing Credit¹
#3945745, Listing Office: COLDWELL BANKER REALTY
$1,150,000 List price
122 Milligan Pl South Orange Village Twp, NJ 07079
$10,000
Closing credit¹
11 beds
3 full
0.2 acres
House
Property details
About 122 Milligan Pl
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.
Highlights
Home typeSingle Family Residence
HeatingNatural Gas
StatusActive
BasementYes
Lot size0.16 Acres
Year built1873
MLS #3949353
FireplaceNon-Functional
Summary
- MLS Number: 3949353
- Office Name: COLDWELL BANKER REALTY
- Office Phone: (646) 662-6655
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Last updated on: 3/14/2025, 11:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,150,000
122 Milligan Pl
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
6
Clinton Elementary School
Public District PK-5
0.6 mi
•27 Berkshire Rd
7
South Mountain Elementary School
Public District KG-5
0.8 mi
•444 W South Orange Ave
7
Jefferson Elementary School
Public District 3-5
1.2 mi
•518 Ridgewood Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $50,754. Residents of South Orange Village Twp, NJ typically earn less than $<35k each year. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
39%
<35k
39%
35k-100k
18%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
75%
Single, No Kids
6%
Single, with Kids
12%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
8%
<11 yrs old
4%
12-17 yrs old
28%
18-34 yrs old
45%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
Art Museums
Major League Soccer (MLS)
Music Concerts
Where do the neighbors shop?
Bloomingdales
Banana Republic
H&M
Where do the neighbors go to eat?
Starbucks
Jack In The Box
Chipotle
What do the neighbors drive?
Audi
Toyota
Volkswagen
What do the neighbors listen to?
News
Jazz
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 122 Milligan Pl
This home is located at 122 Milligan Pl in South Orange Village Twp, NJ and zip code 07079. Features: 11 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 6, 2025 and is currently priced at $1,150,000.
Over 7 listings were sold over their listed price in February 2025 in South Orange Village Twp, NJ. In the same period over 0 listings were sold below the listed price and 0 listings were sold for the listed price. The number of homes for sale in South Orange Village Twp, NJ increased by 16.1% between January and February 2025.
From Rocket Homes Real Estate and based on county public records data.