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535 Walnut St

30,400 SF 47% Leased Office Building Norwood, NJ 07648 £5,368,220 (£177/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 £74,065 £2.44
Operating Expenses - -

TAXES & OPERATING EXPENSES (ACTUAL - 2021)

Taxes
Annual £74,065
Annual Per SF £2.44
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual £74,065
Annual Per SF £2.44

PROPERTY FACTS

Sale Type
Owner User
Property Type
Office
Building Size
30,400 SF
Building Class
A
Year Built/Renovated
1963/2003
Price
£5,368,220
Price Per SF
£177
Percent Leased
47%
Tenancy
Multiple
Number of Floors
1
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

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

1st Floor

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

PROPERTY TAXES

Parcel Number
41-00088-0000-00009
Land Assessment
£511,770 (2024)
Improvements Assessment
£2,430,810 (2024)
Total Assessment
£2,942,580 (2024)
Annual Taxes
£74,065 (£2.44/sf)
Tax Year
2021
  • Listing ID: 25513877

  • Date on Market: 20/04/2022

  • Last Updated:

  • Address: 535 Walnut St, Norwood, NJ 07648

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