625 Springfield Ave, Newark, NJ 07103
Commercial - Newark City, NJ
- Added:
- Jun 10, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 11 at 12:06 pm
Property Features for 625 Springfield Ave
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial
- Rooms
- Basement
- Basement Y/N
- 1
- Standard status
- Active
- Size
- 2,712 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 9301
Utilities
- Heating system
- Baseboard, Hot Water (Heating)
- Cooling system
- Central Air
Building Details
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Laminate
- Building materials
- Concrete
- Roof type
- Flat
- Architectural style
- Other
Listing agent HANNAH NG (973) 228-1050
Listing office C-21 CEDARCREST REALTY 460 BLOOMFIELD AVE, Caldwell, NJ (973) 228-1050
Listing date Jun 10, 2026
Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Well‑established laundromat operation plus the underlying real estate sold together
- Machine count includes 23 washers (including several high‑capacity up to 60 lbs) and 20 dryers
- Self‑service plus wash‑and‑fold service by the pound; prior pickup and delivery services have been discontinued
- Recent improvements include 2025 newer heating and central air, new coin change machine, newer basement hot water heater, and newer basement access door
- Additional income: ATM, snack vending machine, and beverage vending machine
- Central air and baseboard plus hot water heating; flat roof; basement is included
Overview
The property is situated in a densely populated residential neighborhood with surrounding homes, apartments, restaurants, and local businesses. A bus stop for Routes 25 and 375 is located directly in front of the property, supporting convenient customer access. Ample street parking is available for patrons.
For buyers or operators seeking a necessity-based retail use with an established customer routine, this laundromat setup offers an in-place self-service business, wash-and-fold option, and supplemental vending and ATM revenue. Recent mechanical upgrades and equipment-related improvements can help reduce near-term capital concerns, while the discontinued pickup and delivery services present a potential operational lever for a new owner. Financials are available upon request.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Newark
- County
- Essex
- State
- New Jersey
- Longitude
- -74.20959
- Latitude
- 40.73052
