112 Milligan Place

South Orange, NJ 07079

$1,379,000
Price
10
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

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...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
  1. Listed by KATHERINE ELLIOTT • COLDWELL BANKER REALTY

Property Details for 112 Milligan Place

Directions
Academy or Prospect to Milligan
Days On Market
7
LISTING UPDATED: 01/10/2025 03:48 PM

Property Details for 112 Milligan Place

StatusUnder Contract
MLS #3939745
Days on Market7
Taxes$23,677 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Duplex-Side by Side
Year Built1908
Lot Size0.14 AC / 6,098 SF
CountyEssex County

Building Information for 112 Milligan Place

Stories-Residences2Year Built1908Building Size-Lot Size0.14 AC / 6,098 SF

Property Information for 112 Milligan Place

Summary
Location and General Information
  • High School: COLUMBIA
  • Active Days on Market: 7
  • County #: Essex
  • Town Name: South Orange Village Twp.
  • Block Identifier: 2011
  • Listing Type: Exclusive Right to Sell
  • Color of Building: Beige
  • Town #: 1619.0
  • # Parking Spaces: 2
  • County Or Parish: Essex
  • Street Name: Milligan Pl
  • Zip Code: 07079-1908
  • Total Units: 2
Taxes and HOA Information
  • Block ID Tax: *
  • County Tax: *
  • Tax Amount: $23,677
  • Street name Tax: *
  • Zip Code Tax: *
  • City Tax: *
  • Assessment Total: 861900.0
  • Tax ID For Property: 1619-02011-0000-00004-0000-
  • Tax Rate Amount: $4
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year: 2023
  • Tax Year Tax: *
  • Lot ID Tax: *
Parking
  • Parking/Driveway Description: 2 Car Width, Blacktop
  • # Garage Spaces: 1
  • Garage Description: Attached Garage
Property
Lot Information
  • Lot Identifier: 4
  • Approximate Lot Size: .14 AC
  • Total Acres: 0.14
  • Construction Date/Year Built: 1908
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 434130.0
  • Assessment Land: 427800.0
Utilities
  • Cooling: No Cool
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Heating: Radiators - Steam
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Aluminum Siding
  • Exterior Features: Open Porch(es), Privacy Fence
Interior Features
  • Interior Features: Blinds, Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, Smoke Detector, Vinyl-Linoleum Floors, Wood Floors
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Bilco-Style Door, Walkout
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector, Washer
  • Unit 1 Baths: 2.0
  • Unit 1 Bedrooms: 5
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 4.0
  • Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 1 Rent: 4850.0
  • Unit 1 Room Description: Bedrooms, Dining Room, Eat-In Kitchen, Laundry Room, Living Room, Porch
  • Unit 1 Rooms: 9.0
  • Unit 1 Security Deposit: 7275.0
  • Unit 1 Sq Ft: 2783.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Dishwasher, Dryer, Range/Oven - Gas, Refrigerator, Smoke Detector, Washer
  • Unit 2 Baths: 2.0
  • Unit 2 Bedrooms: 5
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 4.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 2 Rent: 4710.0
  • Unit 2 Room Description: Bedrooms, Dining Room, Eat-In Kitchen, Laundry Room, Living Room, Porch
  • Unit 2 Rooms: 9.0
  • Unit 2 Security Deposit: 7065.0
  • Unit 2 Sq Ft: 2951.0
Multi-Family Information
  • Unit Style: Duplex-Side by Side
Income & Expenses Information
  • Total Operating Expense: $2,593.00
  • Expenses Include: Garbage Collection, Insurance, Maintenance, Taxes
  • Net Operating Income: $6,967.00
  • Gross Operating Income: $9,560.00

Property History for 112 Milligan Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 112 Milligan Place

Taxable ValueLand$213,900Additions$249,700Total$463,600
Tax Record2023$12,253 ($1,021 / month)
Home Facts
Beds0Total Finished SqFt1,738 SqFtAbove Grade Finished SqFt1,738 SqFtStories2Lot Size2,875 SqFtStyleSingle Family ResidenceYear Built1908ZoningR50CountyESSEXAPN19 02011-0000-00004

Schools near 112 Milligan Place

This home is within South Orange-Maplewood School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 1
Rating
School
Distance
South Mountain Annex
PublicPK to 5

South Orange Middle School
Public6 to 8

Columbia Senior High School
Public9 to 12

South Mountain Annex
PublicK to 1

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of COLDWELL BANKER REALTY, KATHERINE ELLIOTT

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 01/21/2025 01:13 PM. Source: New Jersey Multiple Listing Service, Inc. © 2025 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 01/21/2025 01:13 PM © 2025 New Jersey Multiple Listing Service Inc. All rights reserved.