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    16 Orono St Clifton, NJ 07013

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    For Sale
    $1,200,000

    High-end custom mill with equipment, building, and land included.

    Property Features for 16 Orono St

    General Information

    Standard status
    Active

    Source: COMPASS NEW JERSEY, LLC-HOBOKEN Agent MATTHEW PERASSO

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Custom Mill Opportunity For Sale

    An opportunity is available for a custom mill worker or woodshop owner. A successful high-end custom mill owner is retiring and selling the building with the land and all of the equipment. The building is suited for warehouse use and grandfathered for woodworking and possibly other light industrial uses. It features a separate office area with ceilings over 10 feet high and a bathroom. The property includes one large loading door and a smaller loading door. Updates include a new roof installed 6 months ago. There is also a very small partial basement. The location is on a quiet, semi-residential road.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Clifton Mobile Auto ... Auto Repair Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Clifton
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.1513846
    Latitude
    40.8652281

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    FAQs

    What type of property is this?
    Manufacturing property - High-end custom mill with equipment, building, and land included.
    Where is this manufacturing property located?
    The property is located at 16 Orono St Clifton, NJ.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Turnkey opportunity: Purchase includes building, land, and all equipment for a custom mill/woodshop business.; - Established, successful business: Benefit from a streamlined establishment with a proven track record.; - Ideal size: Optimized for efficiency, avoiding excessive costs while maintaining business viability.
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    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
    16 Orono St Clifton, NJ 07013
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