Closed$275,000
TLC ≈ $2,709/mo
2 1 1,007 sqft
16 Nicholas Court, Spotswood, NJ 08884
3-3 Lexington Avenue, East Brunswick, NJ 08816
$189,000
0 beds 0 baths —0 days on marketActive
About this home
Established East Brunswick dry cleaning drop store, operating since 1992. Seller reports gross sales of $240, 000 and owner cash flow of approximately $90, 000. Simple owner-operated model with no employees; all cleaning and alterations are outsourced to vendors. 1, 638 SF in a busy strip mall with steady traffic from fitness, food, and personal-service tenants. Rent $2, 370/mo + CAM $1, 415/mo; lease through 2028 with option to renew. Central HVAC; utilities approx. $350/mo. Hours: Mon-Fri 8-6:30, Sat 8-4. Potential to add on-site cleaning equipment, subject to landlord and regulatory approvals. Asking $189, 000. Confidential listing: please do not approach the business or owner. Financials available with signed NDA.
Affordability — calculate your monthly payment
Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 4% APR.
Your estimated payment
$1,971/mo
- Real estate (PITI + HOA + PMI)
- $1,539
- Utilities
- $594
- Transportation
- $127
- Other (entertainment)
- $158
Principal + interest$857
Property tax + insurance$611
PMI / 2nd mortgage$71
Heating + cooling$160
Internet + TV + phone$158
Water + sewer + garbage$58
Car insurance + maintenance$127
Budget$5,000/mo
Remaining after TLC$3,029/mo
Purchase price
$189,000
Down payment
$9,450 (5%)
Loan amount
$179,550
APR
4%
Quick facts
Type
Retail
Style
—
Year built
—
Lot size
—
Stories
0
Heating
See Remarks
Cooling
See Remarks
Water
Public
HOA
—
Annual tax
—
MLS #
2705077R
County
Middlesex
Home features
Sewer
Public Sewer
Lot features
See Remarks
Neighborhood — 08816
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 51,133 | 8,832,837 | 299,088,112 |
| Population Change Since1990 | 17.00% | 14.00% | 20.00% |
| Population Density | 2,421 | 1,137 | — |
| Male | 24,969 | 4,307,827 | 147,432,321 |
| Female | 26,164 | 4,525,010 | 151,655,844 |
| Never Married | 9,000 | 1,965,811 | 63,775,926 |
| Married | 25,800 | 3,647,435 | 123,120,365 |
| Separated | 1,198 | 391,239 | 12,639,686 |
| Widowed | 2,344 | 515,172 | 15,467,586 |
| Divorced | 2,204 | 529,393 | 23,075,029 |
| Number Of House Hold | 17,852 | 3,167,345 | 111,826,380 |
| Average House Hold Size | 2.85 | 2.73 | 2.60 |
| Medial Age | 38.66 | 37.15 | 35.46 |
| Median House Hold Income | $86,786 | $63,392 | $48,276 |
| Average House Hold Income | $104,879 | $83,312 | $63,629 |
| P C I | $36,929 | $30,662 | $24,529 |
| M D I | $68,802 | $52,505 | $41,133 |
| A T H E | $72,998 | $61,369 | $50,898 |
| S T R | 7.00% | 7.00% | — |
| W C J | 81.81% | 81.02% | 77.74% |
(Zip) Code
8816
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Map & walkability
Open in Google Maps →Recently sold nearby
Listing information last refreshed 9/23/2026. Provided courtesy of KELLER WILLIAMS ELITE REALTORS via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.