Laundromat Property with
For Sale
$460,000
625 Springfield Ave #625, Newark, NJ 07103
The sale combines the commercial property with an operating laundry business offering self-service and wash-and-fold service.
Property Size2,712 SF
Price / SF$169.62
Days on Market136
Property Features for 625 Springfield Ave #625
General Information
Standard status
Active
Size
2,712 SF
Property subtype
Commercial
Zoning
Commercial
Net Operating Income
$80,000
Additional Details
Business Included
Yes
Building Details
Building Size
2,712 SF
Stories
1
Units
1
Tenancy
Single
Listing Agency:
C-21 Cedarcrest Realty
(973) 228-1050
Listed By:
Tracy Yaw Chan · License #0226604
(973) 476-8097
Source:
Cammarotarealestate
Added: Jun 10
Changed: Oct 22
Last Checked: Oct 22 at 2:18PM
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 C-21 Cedarcrest Realty
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Investment Insights
Based on property information with market context.
The property and laundromat business are being offered together. The operation has 23 washers, including machines with capacity of up to 60 pounds, and 20 dryers. Services include self-service laundry and wash-and-fold by the pound. An ATM, snack vending machine, and beverage vending machine provide additional on-site amenities. Heating and air conditioning systems were installed in 2025; other updates include a coin change machine, basement hot water heater, and basement access door.
Situated among homes, apartments, restaurants, and local businesses, the storefront has a bus stop for Routes 25 and 375 directly in front. Street parking is available. The property is zoned Commercial.
Situated among homes, apartments, restaurants, and local businesses, the storefront has a bus stop for Routes 25 and 375 directly in front. Street parking is available. The property is zoned Commercial.
Key Highlights
- Real estate and laundromat business offered together
- 23 washers, including machines with capacity of up to 60 pounds, and 20 dryers
- Offers self‑service laundry and wash‑and‑fold service by the pound
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,483
Businesses Nearby
106k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 51%
Shops & Services 33%
Groceries 13%
Electronics 2%
McDonald's
Dining
36,530 visits/mo
0.4 miles
Popeyes Louisiana Kitchen
Dining
15,691 visits/mo
0.5 miles
Save-A-Lot
Groceries
14,097 visits/mo
0.3 miles
Capital One Bank
Shops & Services
11,738 visits/mo
0.4 miles
BP
Shops & Services
9,073 visits/mo
0.2 miles
Demographics for 07103, NJ
39,439
Population
13,832
Households
2.9
Avg Household Size
30
Median Age
21%
College-Educated
81%
High-School Grad
2.2 sq mi
ZIP Area
17,927
Density / Sq Mi
$42,397
Median Household Income
$34,278
Median Earnings
$1,289
Median Rent
$259,300
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Floreria — 66 Cypress St, Newark, NJ 07108
- Newark Flower Shop — 823 S 14th St, Newark, NJ 07108
- Newark Florist — 443-220 S 7th St, Newark, NJ 07103
- Geneva Florist — 340 S 10th St, Newark, NJ 07103
Frequently Asked Questions
What type of property is this?
Storefront property - The sale combines the commercial property with an operating laundry business offering self-service and wash-and-fold service.
Where is this storefront property located?
The property is located at 625 Springfield Ave #625 Newark, NJ.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: Real estate and laundromat business offered together; 23 washers, including machines with capacity of up to 60 pounds, and 20 dryers; Offers self‑service laundry and wash‑and‑fold service by the pound
