Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    132 Milligan Pl South Orange, NJ 07079-1929

    • Residential income homes
    • 5,984 SF
    • 0.22 lot acres
    OFF-MARKET
    Value Estimation
    $4,050,000
    Last Sale
    Jul 12, 2022
    $3,150,000
    Location Intelligence
    Property ID
    US59-0567790
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Residential income homes

    Property Details for 132 Milligan Pl

    Year built
    1960
    Construction
    CONCRETE BLOCKS
    Lot size
    0.22 lot acres
    Property size
    5,984 SF
    Zone code
    R50
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    19 02011-0000-00008
    APU
    1902011000000008

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,455,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,425,000
      6.5%
      $2,890,000
      7%
      $3,110,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,325,000
      Geo Method
      $3,325,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,685,000
      Retail
      $2,890,000
      Mixed-Use
      $2,835,000
      Hospitality
      $2,790,000
      Educational
      $2,940,000
      Residential Income
      $2,670,000
      Energy
      $2,835,000
      Income-Based Land
      $2,855,000
      Food Service
      $3,195,000

    Location Insight

    • Map
    • Local Demand
    City
    South Orange
    County
    Essex
    State
    New Jersey
    Longitude
    -74.2571
    Latitude
    40.7434
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $43,343
    $199,700
    $1,036,200
    $1,235,900
    -
    $199,700
    $1,036,200
    $1,235,900

    Comparable in this City

    • Value Estimation by Request
      30,960 SF

      116 Irvington Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 30,960 SF
      116 Irvington Ave, South Orange, NJ 07079-1926
      View Details
    • Value Estimation by Request
      55,968 SF

      177 Irvington Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 55,968 SF
      177 Irvington Ave, South Orange, NJ 07079-2264
      View Details
    • Value Estimation by Request
      19,260 SF

      56 Prospect St

      APARTMENT HOUSE (UNDER 5 UNITS) • 19,260 SF
      56 Prospect St, South Orange, NJ 07079-2245
      View Details
    • Value Estimation
      $1,065,000
      4,240 SF

      1160 Orange Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,240 SF
      1160 Orange Ave, South Orange, NJ 07079
      View Details
    • Value Estimation
      $11,555,000
      2,322 SF

      320 Vly St

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,322 SF
      320 Vly St, South Orange, NJ 07079-2867
      View Details
    • Value Estimation
      $3,850,000
      8,890 SF

      43 Cottage St

      APARTMENT HOUSE (UNDER 5 UNITS) • 8,890 SF
      43 Cottage St, South Orange, NJ 07079-2236
      View Details

    Similar Nearby for Sale

    • $159,900

      Commuter-Friendly Condo Requires Renovation

      One-bedroom condo near South Orange Train Station, priced to sell.
      372 Vly St Unit G2, South Orange, NJ 07079
      View Details
    • $1,350,000

      South Orange Mixed-Use Corner Gem

      Mixed-use building with renovated apartments and office storefronts near NYC transit.
      101 2Nd St, South Orange, NJ 07079
      View Details
    • $1,000,000
      0.17 Acres

      Mixed-Use Property Near Train Station

      Mixed-use property featuring residential and commercial units near train station.
      15 4Th St, South Orange, NJ 07079
      View Details
    • $749,000

      Investment Property Near Seton Hall

      Multifamily property near Seton Hall University and South Orange Village.
      231 Waverly Pl, South Orange, NJ 07079
      View Details
    • $1,200,000
      0.14 Acres

      Renovated Multi-Family Near South Orange

      Two-unit property near downtown, transit, shopping, and parks.
      121 3Rd St, South Orange, NJ 07079
      View Details
    • $1,150,000
      3,600 SF

      South Orange Duplex with Updates

      Side-by-side duplex near South Orange Train Station.
      61 Arnold Ter, South Orange, NJ 07079
      View Details

    Similar Nearby for Lease

    • $3,350 /Mo

      Spacious Apartment Near Town Center

      Large 4-bedroom apartment near amenities and universities.
      204 Prospect St, South Orange, NJ 07079
      View Details
    • $3,300 /Mo

      Renovated Apartment Near South Orange Station

      Recently renovated apartment near train, shops, and restaurants.
      176 Valley St, South Orange, NJ 07079
      View Details
    • $8,555 /Mo
      15,760 SF

      Adaptable Office Suite in Village

      Functional commercial office suite in a transit-friendly location.
      15 Valley St, South Orange, NJ 07079
      View Details
    • Contact for pricing
      14,063 SF

      South Orange Office Space for Lease

      Renovated Office Suites, Downtown Location
      15 Valley St, South Orange, NJ 07079
      View Details
    • $1,200 /Mo

      Professional Office Space For Rent

      Professional office space with kitchenette, great visibility, convenient location.
      155 Kilburn Pl, South Orange, NJ 07079
      View Details
    • $750 /Mo
      15,760 SF

      Versatile Office Space for Rent

      Two-floor office space near South Orange Train Station.
      15 Valley St, South Orange, NJ 07079
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    132 Milligan Pl
    South Orange, NJ 07079-1929
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.