277 Spring St,Newton Town, NJ 07860
Newton Town, NJ 07860
Description
Rare opportunity to own a well-maintained, wash-and-fold, quarter-operated laundromat in the booming town of Newton! This business is ideally located within walking distance of several large apartment complexes, providing a steady and reliable customer base.The laundromat features a newer buildout with many machines still under warranty, offering reliability and reduced maintenance costs. Equipped with public utilities, the operation is efficient and easy to manage. Currently generating approximately $200,000 in annual gross revenue, this laundromat presents strong upside potential especially with the opportunity to expand into route or pickup/delivery services. Ideal for an owner-operator or investor looking to grow an already solid business with room for additional income streams.
Details
| MLS # | 4020131 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 180 |
| Listing Provided By | COLDWELL BANKER REALTY | CHRISTOPHER OHAB |
Features
| SQ Feet | 1,800 |
|---|
Area Information
| State | NJ |
|---|---|
| County | Sussex |
| City | Newton Town |
| Zip Code | 07860 |
| Area | Sussex |
| Listing VS Median (in 07860) | |
Price: $350,000 low | high Med: $550,000 sqft: 1,800 low | high Med: 2,158 $ / sqft: $194 low | high Med: $255 On site: 180 low | high Med: 32 | |
Market Activity 07860
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Learn More About This Property
| State | NJ |
|---|---|
| County | Sussex |
| City | Newton Town |
| Zip Code | 07860 |
| Area | Sussex |
| Listing VS Median (in 07860) | |
Price: $350,000 low | high Med: $550,000 sqft: 1,800 low | high Med: 2,158 $ / sqft: $194 low | high Med: $255 On site: 180 low | high Med: 32 | |
