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535 Walnut St 30,400 SF Office Building Norwood, NJ 07648 $6,750,000 ($222.04/SF)




EXECUTIVE SUMMARY
Suitable for offices, conversion to medical/offices, senior day care which is an approved use at the location, physical therapy and private school uses (NOT CHILD CARE) Close to intown amenities. Accessible to Livingston Ave., Route 303, 9W and Palisades Interstate Parkway.
TAXES & OPERATING EXPENSES (ACTUAL - 2021) |
ANNUAL | ANNUAL PER SF |
---|---|---|
Taxes |
$93,129
![]() |
$3.06
![]() |
Operating Expenses |
-
![]() |
-
![]() |
Total Expenses |
$93,129
![]() |
$3.06
![]() |
TAXES & OPERATING EXPENSES (ACTUAL - 2021)
Taxes | |
---|---|
Annual | $93,129 |
Annual Per SF | $3.06 |
Operating Expenses | |
---|---|
Annual | - |
Annual Per SF | - |
Total Expenses | |
---|---|
Annual | $93,129 |
Annual Per SF | $3.06 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Building Size
30,400 SF
Building Class
A
Year Built/Renovated
1963/2003
Price
$6,750,000
Price Per SF
$222.04
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
30,400 SF
Building FAR
0.31
Lot Size
2.23 AC
Zoning
LI - Permitted Uses: Senior Day Care or office use
Parking
70 Spaces (2.21 Spaces per 1,000 SF Leased)
AMENITIES
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Suitable for offices, conversion to medical/offices, senior day care which is an approved use at the location, physical therapy and private school uses (NOT CHILD CARE) Close to in-town amenities. Accessible to Livingston Ave., Route 303, 9W and Palisades Interstate Parkway.
Space | Size | Space Use | Condition | Available |
1st Floor | 8,100 SF | Office | Partial Build-Out | Now |
1st Floor
Size |
8,100 SF |
Space Use |
Office |
Condition |
Partial Build-Out |
Available |
Now |
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1st Floor
Size | 8,100 SF |
Space Use | Office |
Condition | Partial Build-Out |
Available | Now |
Suitable for offices, conversion to medical/offices, senior day care which is an approved use at the location, physical therapy and private school uses (NOT CHILD CARE) Close to in-town amenities. Accessible to Livingston Ave., Route 303, 9W and Palisades Interstate Parkway.
PROPERTY TAXES
Parcel Number | 41-00088-0000-00009 | Total Assessment | $3,700,000 (2025) |
Land Assessment | $643,500 (2025) | Annual Taxes | $93,129 ($3.06/SF) |
Improvements Assessment | $3,056,500 (2025) | Tax Year | 2021 |
PROPERTY TAXES
Parcel Number
41-00088-0000-00009
Land Assessment
$643,500 (2025)
Improvements Assessment
$3,056,500 (2025)
Total Assessment
$3,700,000 (2025)
Annual Taxes
$93,129 ($3.06/SF)
Tax Year
2021
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STREET
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535 Walnut St
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