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$350,000 Just Listed

  • For Sale
  • Active
  • Business
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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.

Full Property Details for 277 Spring St

General

  • Price: $350,000
  • Status: Active
  • Type: Business
  • Source: Garden_State
  • MLS ID: 4020131
  • Updated: 4/13/2026
  • Added to Site: 1 day(s) ago

Business

  • Name: Newton Laundromat
  • Business Type: General Service, See Remarks
  • Business Sub-Type: General Service
  • Real Estate: Yes - Not Listed in MLS

Rental Information

  • Lease Info: 2-3 Years

Rooms

Bathrooms

  • Restrooms: 1

Parking

  • Garage Description: None

Location

  • County: Sussex
  • Driving Directions: Sparta Ave to Spring Street #277

Heating & Cooling

  • Cooling Type: 1 Unit
  • Heating Type: 1 Unit
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: All Underground

Structural Information

  • Square Feet: 1,800
  • Aprox. Leasable: 1,800 Sq. Ft.

Lot Features

  • Frontage: City/Town Street
  • Driveway/Sidewalk: Blacktop, Parking Lot-Shared

Financial Considerations

  • Lease Price Per Mth: $40,200
  • Expenses: Owner, Tax Returns
  • Operating Expenses: $120,000

Disclosures and Reports

  • Ownership: Sole Proprietorship
  • Documents Avail.: Financial Statements, Leases
  • APN: 2815-00015-0002-00025-0000-
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 277 Spring St —

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Price & Sales History for 277 Spring St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/13/2026
Listed
$350,000
-50%
MLS
3/08/2011
Sold
$700,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 277 Spring St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$27,322
-2%
$1,025,400
65%
2022
$28,006
—
$620,700
—
2021
$27,882
2%
$620,700
—
2020
$27,454
3%
$620,700
—
2019
$26,603
1%
$620,700
—
2018
$26,460
1%
$620,700
—
2017
$26,305
2%
$620,700
—
2016
$25,883
3%
$620,700
—
2015
$25,200
15%
$620,700
—
2013
$21,948
—
$620,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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277 Spring St, Newton, NJ 07860 (MLS# 4020131) is a Business property. 277 Spring St is currently listed for $350,000 and was received on April 13, 2026. This property is listed by Elevate from our Sparta Office.Want to learn more about 277 Spring St? Do you have questions about finding other Business real estate for sale in Newton? You can browse all Newton real estate or contact a Coldwell Banker agent to request more information.

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