• Broker Robert Tillsley 2018486107

535 Walnut St 30,400 SF 47% Leased Office Building Norwood, NJ 07648 $6,750,000 ($222.04/SF)

View Photo

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.

ATTACHMENTS

535 Walnut Street Norwood Brochure

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
Percent Leased
47%
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
  • 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

1st Floor

Size
8,100 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP
535 Walnut St, Norwood, NJ for sale Building Photo- Image 1 of 1
Floor Plan

1st Floor

535 Walnut St, Norwood, NJ for sale Building Photo- Image 1 of 1
Building Photo
Size 8,100 SF
Space Use Office
Condition Partial Build-Out
Available Now

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.

PROPERTY TAXES

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

PROPERTY TAXES

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

MAP

ADDITIONAL PHOTOS

View Photo Building Photo
View Photo Building Photo
View Photo Aerial
View Photo 535 Walnut Street, Norwood Welcome Area
View Photo 535 Walnut Street, Norwood Kitchen
View Photo 535 Walnut Street, Norwood Hallway
View Photo 535 Walnut Street, Norwood Classroom
View Photo 535 Walnut St Site Plan 1
View Photo Plat Map
  • Listing ID: 25513877

  • Date on Market: 4/20/2022

  • Last Updated: 5/9/2025

  • Address: 535 Walnut St, Norwood, NJ 07648