$210,000
( $77.43Per Sq Foot )
 $1,127 est/mo Sourced by Back At You

625 Springfield Ave,Newark City, NJ 07103

Newark City, NJ 07103

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Description

Exceptional opportunity to acquire both the real estate and a well-established, family-owned laundromat business. Sold together, this turnkey operation offers stable income with future growth potential.The well-maintained laundromat features 23 washers, including several high-capacity machines accommodating up to 60 pounds, and 20 dryers. In addition to self-service laundry, the business offers wash-and-fold service by the pound. Previous pickup and delivery services have been discontinued, presenting an opportunity for a new owner to reintroduce the service and increase revenue.Recent improvements include newer heating and air conditioning systems (2025), a new coin change machine, newer basement hot water heater, and newer basement access door. Additional income sources include an ATM, snack vending machine, and beverage vending machine.Ideally located in a densely populated residential neighborhood surrounded by homes, apartments, restaurants, and local businesses. A bus stop for Routes 25 and 375 is located directly in front of the property, helping drive consistent customer traffic. Ample street parking adds further convenience.Current business hours are Monday-Friday 8:00 AM-8:00 PM and Saturday-Sunday 7:00 AM-8:00 PM. Financials available upon request.A rare opportunity to own a profitable, necessity-based business and the underlying real estate with established operations, recent upgrades, and upside potential.

Details

MLS #4033596
Listing TypeFor Sale
Sub-TypeResale
StatusUnder Contract
Days On Site116
Listing Provided ByC-21 CEDARCREST REALTY | TRACY YAW CHAN

Features

SQ Feet2,712
BasementY
ZoningCommercial

Area Information

StateNJ
CountyEssex
CityNewark City
Zip Code07103
AreaEssex
Community NameWest Side
Listing VS Median (in West Side)
Price:
$210,000
low | high
Med:
$414,950
47.595238095238% of Average
sqft:
2,712
low | high
Med:
2,276
66.076696165192% of Average
$ / sqft:
$77
low | high
Med:
$207
100% of Average
On site:
116
low | high
Med:
61.5
100% of Average
Sourced by Back At You

Market Activity 07103

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Additional Information

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Learn More About This Property

Ross Hyman

Ross Hyman

Village Square Realtors

 (973) 860-8529rossnjrealtor@gmail.com
StateNJ
CountyEssex
CityNewark City
Zip Code07103
AreaEssex
Community NameWest Side
Listing VS Median (in West Side)
Price:
$210,000
low | high
Med:
$414,950
47.595238095238% of Average
sqft:
2,712
low | high
Med:
2,276
66.076696165192% of Average
$ / sqft:
$77
low | high
Med:
$207
100% of Average
On site:
116
low | high
Med:
61.5
100% of Average
Sourced by Back At You
Listing Updated: October 4, 2026 at 4:06:18 PM PDT

Ross Hyman - Village Square Realtors