120 Milligan Pl, South Orange, NJ 07079

Local realty services provided by:Better Homes and Gardens Real Estate Green Team
120 Milligan Pl,South Orange Village Twp., NJ 07079
$1,450,000
  • 14 Beds
  • 4 Baths
  • - sq. ft.
  • Single family
  • Active
Listed by:katherine elliott
Office:coldwell banker realty
MLS#:3979738
Source:NJ_GSMLS

Price summary

  • Price:$1,450,000

About this home

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

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Home facts

  • Year built:1854
  • Listing ID #:3979738
  • Added:224 day(s) ago
  • Updated:September 06, 2025 at 02:17 PM

Rooms and interior

  • Bedrooms:14
  • Total bathrooms:4
  • Full bathrooms:4

Heating and cooling

  • Cooling:Wall A/C Unit(s)
  • Heating:Baseboard - Hotwater

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1854
  • Lot area:0.17 Acres

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,450,000
  • Tax amount:$21,730 (2024)
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 IDX Listing. Information deemed reliable but not guaranteed. 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website 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. This information is being provided 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. Date Last Updated September 6, 2025

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