112 - 116 Milligan Pl

Pending

Under Contract

112 - 116 Milligan Pl

South Orange Village Twp, 07079

$1,379,000

$240.50 per sqft

Pending

Under Contract

10 Beds

4 Baths

5,734 sqft

Multi-family

Built in 1908

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

3939745

MLSⓇ ID

January 3, 2025

Listed

January 10, 2025

Updated

Map

112 - 116 Milligan Pl
South Orange Village Twp, 07079

Interior Features

Bedrooms: 10
Total Bathrooms: 4
Full Bathrooms: 4
Interior Features: Vinyl
Floor Description: Vinyl
Fireplace: No
Cooling: No
Heating: Yes
Heating Description: Natural Gas

Exterior/Building Features

Lot Size: 0.14 Acres
Architectual Style: Duplex-Side by Side
Roof: Asphalt
Sewer: Public Sewer

School Information

High School: COLUMBIA

Other Property Details

Taxes: $23,677
Tax Frequency: Annually
Days on Market: 7
Garage: Yes
Garage Spaces: 1
Parking: Attached
Parking Total: 1
View: No
County: Essex
Water Source: Public
Pool: No

Listing History

Date	Event	Price
1/10/2025	Pending	—

Courtesy of COLDWELL BANKER REALTY with KATHERINE ELLIOTT,
Listing Contact:

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