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81 Somerset Pl 81 Somerset Pl

17,500 SF Industrial Building Clifton, NJ 07012 $4,000,000 ($229/SF)

Investment Highlights

  • Close to highways
  • High ceilings
  • Clean environmental
  • 3 Drive-Ins
  • Delivered vacant

Executive Summary

PRE has been exclusively appointed to facilitate the sale of 81 Somerset Place, Clifton, NJ 07102 – a well-established fabrication and manufacturing facility. This offering encompasses an approx. 17,500 square-foot warehouse situated on a .62-acre lot, designed to provide optimal functionality. Equipped with an array of advanced fabrication and manufacturing machinery, the sale not only encompasses the physical space but also extends the option of acquiring the machinery, if desired, thereby enabling a seamless transition of operations. Designed to cater to the needs of existing fabricators or manufacturers, the facility boasts versatile heights ranging 11' to 18' under hook, and full ceiling heights ranging from approximately 14 to 22 feet. If equipment is desired, the equipment's price is not included and will be separately negotiated from the real estate. The site will be delivered vacant.

Data Room Click Here to Access

Property Facts Under Contract

Price $4,000,000
Price Per SF $229
Sale Type Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 0.62 AC
Rentable Building Area 17,500 SF
No. Stories 1
Year Built 1950
Tenancy Single
Clear Ceiling Height 22 FT
No. Drive In / Grade-Level Doors 3

Amenities

  • Air Conditioning

Utilities

  • Water - City
  • Sewer - City

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02-00056-07-00001
Land Assessment
$270,800
Improvements Assessment
$418,200
Total Assessment
$689,000

zoning

Zoning Code M-2
M-2
  • Listing ID: 29411266

  • Date on Market: 8/31/2023

  • Last Updated:

  • Address: 81 Somerset Pl, Clifton, NJ 07012

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