625 Springfield Ave, Newark City, NJ 07103
625 Springfield Ave, Newark City, NJ 07103
625 Springfield Ave, Newark City, NJ 07103
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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Eric Hotaling

Eric Hotaling

$ 460,000
Est. payment | /mo

2,712 SqFt

Save
$ 460,000
Est. payment | /mo
Save

2,712 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,712 sqft

Price per Sqft $169

Subdivision West Side

MLS Listing ID 4033574

Annual Tax Amount $9,301

Tax Year 2025

Lot Size 5,227 Sqft

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

Flooring Laminate

Equipment Fire Alarm, Fixtures, Machinery, Restrooms - Private, Restrooms - Public, Sign - Building, Smoke Detector, Storage Area(s)

Heat Source Electric, Gas-Natural

Exterior

Exterior Feature Concrete

Utilities Available Electric, Gas-Natural

Roof Type Flat

Building

Lot Description Corner, Level Lot

Story 1

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

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

Eric Hotaling

erichotaling@kw.com

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625 Springfield Ave