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535 Walnut St

30,400 SF 47% Leased Office Building Norwood, NJ 07648 $6,750,000 USD ($222 USD/SF)

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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.

535 Walnut Street Norwood Brochure

Taxes & Operating Expenses (Actual - 2021)	Annual (USD)	Annual Per SF (USD)
Taxes	$93,129	$3.06
Operating Expenses	-	-
Total Expenses	$93,129	$3.06

Taxes & Operating Expenses (Actual - 2021)

Taxes (USD)
Annual	$93,129
Annual Per SF	$3.06

Operating Expenses (USD)
Annual	-
Annual Per SF	-

Total Expenses (USD)
Annual	$93,129
Annual Per SF	$3.06

Property Facts

Sale Type

Owner User

Property Type

Office

Building Size

30,400 SF

Building Class

Year Built/Renovated

1963/2003

Price

$6,750,000 USD

Price Per SF

$222 USD

Percent Leased

47%

Tenancy

Multiple

Building Height

1 Story

Typical Floor Size

30,400 SF

Building FAR

0.31

Land Acres

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

1st Floor
8,100 SF
Office
Partial Build-Out
Now

535 Walnut St, Norwood, NJ for sale Building Photo- Image 1 of 1 — Building Photo

Space could be subdivided. 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

Size

8,100 SF

Space Use

Office

Condition

Partial Build-Out

Available

Now

1 of 1

VIDEOS

3D TOUR

PHOTOS

STREET VIEW STREET

MAP

Size	8,100 SF
Space Use	Office
Condition	Partial Build-Out
Available	Now

1 of 1

aerial
map
Site Plan

535 Walnut St, Norwood, NJ - aerial map view

535 Walnut St, Norwood, NJ - Site Plan Image

PROPERTY TAXES

Parcel Number	41-00088-0000-00009	Total Assessment	$3,700,000 USD (2024)
Land Assessment	$643,500 USD (2024)	Annual Taxes	$93,129 USD ($3.06 USD/SF)
Improvements Assessment	$3,056,500 USD (2024)	Tax Year	2021