# 625 Springfield Ave, Newark City, NJ 07103-1425

> **TL;DR:** commercial, $200,000 ($74/sqft), 2,712 sqft.
> Basement. Est. $867/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $200,000 |
| Price/sqft | $74 |
| Square Feet | 2,712 |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 1 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $867 |
| **Total** | **$867** |

## Key Amenities

- Basement

## Description

### Agent 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

- **Address:** 625 Springfield Ave, Newark City, NJ 07103-1425
- **County:** Essex
- **Neighborhood:** West Side
- **Coordinates:** 40.73052, -74.20959
- **Google Maps:** https://www.google.com/maps?q=40.73052,-74.20959

## Listing Agent

- **Name:** HANNAH NG
- **Brokerage:** C-21 CEDARCREST REALTY
- **Phone:** 9732281050
- **Email:** realtorhannahng@gmail.com

## Primary Photo

![625 Springfield Ave - Primary Photo](http://lh.rdcpix.com/6213fd26c61f05b31c40ed7ca36c2a93l-f951646053r.jpg)

*32 total photos available on [listing page](https://www.propertysimple.com/listing/625-springfield-ave-newark-city-nj-07103-1425-4033596)*

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**MLS#:** 4033596 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/625-springfield-ave-newark-city-nj-07103-1425-4033596)

---

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