116 Milligan Place
$689,500
5
2
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Description
116 Milligan is one of 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, 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...116 Milligan is one of 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, 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. 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. This property deeded separately from 112 milligan, but they are being sold together. Please also see mls # 3939730 for details
- Listed by KATHERINE ELLIOTT • COLDWELL BANKER REALTY
Property Details for 116 Milligan Place
Style
1/2 Duplex
DirectionsProspect or Academy to Milligan
Days On Market0
Primary Style1/2 Duplex
LISTING UPDATED: 01/03/2025 01:17 PM
Property Details for 116 Milligan Place
Status | Active |
---|---|
MLS # | 3939734 |
Days on Market | 3 |
Taxes | $11,423 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Single Family |
Year Built | 1908 |
Lot Size | 0.07 AC / 3,049 SF |
County | Essex County |
Building Information for 116 Milligan Place
Stories-Year Built1908Building Size-Lot Size0.07 AC / 3,049 SF
Property Information for 116 Milligan Place
Property History for 116 Milligan Place
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 116 Milligan Place
Taxable ValueLand$213,900Additions$184,400Total$398,300
Tax Record2023$11,424 ($952 / month)
Home Facts
Beds0Total Finished SqFt1,738 SqFtAbove Grade Finished SqFt1,738 SqFtStories2Lot Size2,875 SqFtStyleSingle Family ResidenceYear Built1920ZoningR50CountyESSEXAPN19 02011-0000-00005
Schools near 116 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.
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