Homes for sale - 122 Milligan Pl, South Orange Village Twp., NJ 070...

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Lauren Molinaro

Real Estate Professional

lauren@laurenmolinarogroup.com +1(860) 874-1074

$ 1,150,000

Est. payment | -/mo

11 Beds

3 Baths

6,969 Sqft Lot

Save

$ 1,150,000

Est. payment | -/mo

Save

11 Beds

3 Baths

6,969 Sqft Lot

Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 3949353

Style Victorian

Bedrooms 11

Full Baths 3

HOA Y/N No

Year Built 1873

Annual Tax Amount $19,562

Tax Year 2024

Lot Size 6,969 Sqft

Property Sub-Type Single Family

Property Description

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.

Location

State NJ

County Essex

Rooms

Basement Unfinished

Kitchen Eat-In Kitchen, Pantry

Interior

Interior Features Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, Smoke Detector

Heating Gas-Natural

Cooling Window A/C(s)

Flooring Laminate, Wood

Fireplaces Number 4

Fireplaces Type Non-Functional

Heat Source Gas-Natural

Exterior

Exterior Feature Wood

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Building

Sewer Public Sewer

Water Public Water

Architectural Style Victorian

Schools

High Schools Columbia

Others

Senior Community No

Ownership Fee Simple

Listed by COLDWELL BANKER REALTY

GET MORE INFORMATION

Lauren Molinaro

Real Estate Agent | Lic# 1431347

lauren@laurenmolinarogroup.com

+1(860) 874-1074

7 Mt Bethel Rd Warren NJ, 07059

122 Milligan Pl South Orange Village Twp., NJ 07079

Lauren Molinaro

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

122 Milligan Pl