tcp 0 0 192.168.0.34:4500 0.0.0.0:* LISTEN 22948/nco_objserv
As you've confirmed yourself, the socket/port is already in use by another process, which is why you get the "Address already in use" error. You need to kill that process if you want to start another one listening on the same port.
The Reuse => 1 option only means that the socket is immediately being freed for reuse when the process exists, not that you can have several processes listening on the same socket (in case that's what you thought).
(I'm a little confused as to what exactly you're trying to do. Your first post looked like you wanted to connect to an existing service. Now it seems you want to write one yourself, but there's already nco_objserv listening on that port...(?))