625 Springfield Ave, Newark City, NJ 07103
625 Springfield Ave, Newark City, NJ 07103
625 Springfield Ave, Newark City, NJ 07103
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Niraj Parikh

Niraj Parikh

+1(848) 565-5006
$210,000
Est. payment /mo
2,712 SqFt
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Key Details

Property Type Commercial

Listing Status Under Contract

Purchase Type For Sale

Square Footage 2,712 sqft

Price per Sqft $77

Subdivision West Side

MLS Listing ID 4033596

Property 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.

Location

State NJ

County Essex

Zoning Commercial

Rooms

Basement Bilco-Style Door, Unfinished, Walkout

Interior

Heating Electric, Gas-Natural

Cooling 1 Unit, Central Air

Heat Source Electric, Gas-Natural

Exterior

Parking Features None, On-Street Parking

Utilities Available Electric, Gas-Natural

Building

Sewer Public Sewer

Water Public Water

Others

Ownership Sole Proprietorship

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Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by C-21 CEDARCREST REALTY

NEARBY SCHOOLS & PROPERTIES

Niraj Parikh

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(848) 565-5006

parikhrealty@gmail.com

New Jersey, United States

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