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Dry Cleaning Storefront Property
New
For Sale
$55,000

42 Branford Pl, Newark, NJ 07102

Retail storefront supporting an operating dry cleaning business in Newark.

Property Size1,200 SF
Price / SF$45.83
Days on Market2

Property Features for 42 Branford Pl

General Information

Standard status Active
Size 1,200 SF
Property subtype Business Opportunity

Additional Details

Business Included Yes
Listing Agency: RE/MAX SIGNATURE HOMES
Listed By: HEATHER CORRIGAN · License #301108
Source: Luminancerealty
Added: Sep 15 Changed: Sep 16 Last Checked: Sep 16 at 1:51AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX SIGNATURE HOMES

Investment Insights

Based on property information with market context.

This 1,200-square-foot storefront property at 42 Branford Pl supports an established dry cleaning business and includes the equipment needed for its current operation. The asset is positioned within Newark City, New Jersey, and offers a compact retail setting for continued dry cleaning use.

Key Highlights

  • 1,200‑square‑foot storefront property
  • Established dry cleaning business in place
  • Fully equipped for current dry cleaning operations

Property Analytics

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Current Use

Leo Cleaners (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Veterinary Clinic Pet Grooming Service Nursing Home Pet Store & Service (Bike/Boat/Book/etc) Store Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

6,014
Businesses Nearby
118k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 38% Shops & Services 32% Hotels & Casinos 17% Apparel 11%
Starbucks Dining
11,346 visits/mo 0.3 miles
Bank of America Shops & Services
11,294 visits/mo 0.2 miles
BP Shops & Services
11,278 visits/mo 0.4 miles
Robert Treat Hotel Hotels & Casinos
10,442 visits/mo 0.4 miles
TD Bank Shops & Services
10,303 visits/mo 0.3 miles

Demographics for 07102, NJ

15,047
Population
6,574
Households
2.3
Avg Household Size
34
Median Age
30%
College-Educated
82%
High-School Grad
1.1 sq mi
ZIP Area
13,679
Density / Sq Mi
$37,093
Median Household Income
$42,234
Median Earnings
$1,141
Median Rent
$293,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Retail storefront supporting an operating dry cleaning business in Newark.
Where is this storefront property located?
The property is located at 42 Branford Pl Newark, NJ.
What is the asking price?
The asking price for this property is $55,000.
What are key features of this property?
This property features: 1,200‑square‑foot storefront property; Established dry cleaning business in place; Fully equipped for current dry cleaning operations
More about this property
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