2026 assessment
$862K
OPA value, not a listing price
Multi-family report
1234 N 5th St
7 bd6 ba3 stories4,149 sqftRM1built 2016
Property at a glanceApartment building
Entity-held
ZIP 19122 area
Olde Kensington · North Philadelphia
1200 block of N 5th St
Assessment and City record timeline
Published City assessments for this building against its block and ZIP. Dated City filings are marked on the same line. Select one to read it. Assessments are tax-roll values, not sale prices or appraisals.
- OPA assessment · 2016$14K assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2017$14K assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2019$850K assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2020$850K assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2021$850K assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2022$850K assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2023$850K assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2024$850K assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2025$862K assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2026$862K assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2027$862K assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- Land buy · 2015Land record $49KA land-record event associated with this parcel. Review the recorded instrument to determine whether it reflects a conveyance, parcel change, or another filing.How to read the recorded document ↗
- Deed / sale · 2017Deed / sale $850KA recorded real-estate document or transfer event. The amount and date can be useful history, but the underlying deed and transfer-tax filing control the parties, consideration, and legal effect.How to read the recorded document ↗
- Deed / sale · 2023Deed / sale $850KA recorded real-estate document or transfer event. The amount and date can be useful history, but the underlying deed and transfer-tax filing control the parties, consideration, and legal effect.How to read the recorded document ↗
- Permit · 2016-02-03Zoning/useThis permit category usually covers the property’s allowed use, dimensions, occupancy, or site configuration. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2016-04-08New constructionThis permit category usually covers construction, repair, alteration, addition, or occupancy work. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2016-06-14SuppressionThis permit category usually covers fire-suppression systems or related life-safety work. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2016-06-28PlumbingThis permit category usually covers water, drainage, fixtures, or other plumbing work. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2016-06-28PlumbingThis permit category usually covers water, drainage, fixtures, or other plumbing work. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2016-07-15ElectricalThis permit category usually covers electrical installation, alteration, replacement, or repair. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2016-07-27MechanicalThis permit category usually covers construction, repair, alteration, addition, or occupancy work. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Inspection · 2006-01-13L_CLIPA dated L&I visit or review. Its type describes the inspection program; the separate result and later rows show whether that visit passed, failed, or led to follow-up.What Philadelphia inspections check ↗
- Inspection · 2006-01-17L_CLIPA dated L&I visit or review. Its type describes the inspection program; the separate result and later rows show whether that visit passed, failed, or led to follow-up.What Philadelphia inspections check ↗
- License · 2023-07-07Zheng Plaza LLC: Rental landlord or residential registration initially issuedA City license record tied to an activity or property use. Its issue, expiration, inactive, and status fields—not the category alone—show what was recorded for this date.Philadelphia L&I licenses and property records ↗
- License · 2017-05-121234 N 5th Street LLC: Rental landlord or residential registration initially issuedA City license record tied to an activity or property use. Its issue, expiration, inactive, and status fields—not the category alone—show what was recorded for this date.Philadelphia L&I licenses and property records ↗
- License · 2024-07-101234 N 5th Street LLC: Rental landlord or residential registration marked inactiveA City license record tied to an activity or property use. Its issue, expiration, inactive, and status fields—not the category alone—show what was recorded for this date.Philadelphia L&I licenses and property records ↗
- Certification · 2024-05-01Sprinkler CertificationA filed inspection or certification for a regulated building system or component. Check the result, expiration date, and latest filing before treating it as current.What Philadelphia inspections check ↗
- Certification · 2025-04-28Sprinkler CertificationA filed inspection or certification for a regulated building system or component. Check the result, expiration date, and latest filing before treating it as current.What Philadelphia inspections check ↗
- Certification · 2026-04-21Sprinkler CertificationA filed inspection or certification for a regulated building system or component. Check the result, expiration date, and latest filing before treating it as current.What Philadelphia inspections check ↗
- Appeal · 2016-01-12Zoning board appealA challenge or request reviewed through a City appeals process. Filing an appeal does not show who prevailed; read the decision, conditions, and related permit or violation.How Philadelphia L&I appeals work ↗
Property assessmentBlock median & rangeZIP 19122 (Olde Kensington · North Philadelphia) medianAssessmentDeed / saleLand buyAppealPermitInspectionLicenseCertification
Scroll horizontally to move through the years. Each icon sits on its recorded date; records without a day are labeled and centered within their year. Select one to explain the filing.
Highlight
Every dated record19 events · exact dates, newest first
- CertificationSprinkler Certification
- CertificationSprinkler Certification
- License1234 N 5th Street LLC: Rental landlord or residential registration marked inactive
- CertificationSprinkler Certification
- LicenseZheng Plaza LLC: Rental landlord or residential registration initially issued
- Deed / saleDeed / sale $850K
- License1234 N 5th Street LLC: Rental landlord or residential registration initially issued
- Deed / saleDeed / sale $850K
- PermitMechanical
- PermitElectrical
- PermitPlumbing
- PermitPlumbing
- PermitSuppression
- PermitNew construction
- PermitZoning/use
- AppealZoning board appeal
- Land buyLand record $49K
- InspectionL_CLIP
- InspectionL_CLIP
Flags: material assessment exemption; legal basis and term unverified · active rental license · 1 zoning/board appeal on record. Informational only. Not investment advice or a consumer report (FCRA).
Verify the public record
Property tax
$2,412/year estimated property tax
2026 taxable assessment $172,340 × 1.3998%. This is an estimate, not a bill or account balance. The City maintains payments, credits, interest, and the current amount due.
OPA has published a 2027 assessment of $861,700. It is not the 2026 billed-year value.
Payments, credits, interest, and the current amount due are maintained by the City.
OPA 1822731002026 OPA taxes $172,340 of $861,700 assessed. The assessment fields alone do not identify a program, approval date, expiration, or buyer eligibility.
See the assessment math →Historical delinquency sources No current conclusion
This parcel did not match the June 2022 delinquency snapshot. That absence does not confirm the account is current today.
For a purchase, refinance, or closing, request the City’s official Property Payoff statement in Tax Center under “More options.”
The assessment exemption gap
OPA's 2026 roll shows a partial assessment exemption. The annual difference is measurable; the reason for it and what happens after a sale are not established here.
$172,340 taxable basis
Difference to verify+$9,650/year
$861,700 scenario basis
The assessment roll does not identify
- Legal basis or program
- Approval or expiration date
- Treatment after a sale
- Current Tax Center balance
Show the assessment math
2026: ($861,700 assessed − $689,360 exempt) × 1.3998% ≈ $2,412/year
Full-assessment scenario: $861,700 × 1.3998% ≈ $12,062/year
Do not treat the full-assessment scenario as inevitable or assume the current relief transfers. Obtain the approval history and verify the live Tax Center account before relying on either number.
The property, on paper
OPA physical field record.
Bedrooms
7
Bathrooms
6
Stories
3
Interior
4,149 sqft
livable area
Lot
1,440 sqft
Basement
Full, finished
city code A
Heat
Forced hot air
city code A
Central air
Yes
Exterior condition
Above average
city code 3
Above averageBelow average
Interior condition
Above average
city code 3
Above averageBelow average
Quality grade
B
assessor's grade
ABCDE
Zoning
RM1
city zoning code
Zoning appeals
1
CLOSED · Granted · 2016
OPA field-assessment attributes. Condition and grade are the assessor's codes, not an inspection.
Recorded owner
Who's behind it
Zheng Plaza LLC · corporate / LLC owner
• Tax bills mail to 102 Williamsburg Way, Mt Laurel NJ, 08054 — outside Philadelphia
• Holds an active rental license for this address
Block context
1200 block of N 5th St. Compare parcels, ownership, and public-record history.
See the whole block →Next door: 1232 N 5th St · 1236 N 5th St
L&I license dates · data through Jul 25, 2026
Business licenses at this address Latest pull
What L&I has registered at this OPA parcel, newest initial license date first.
No L&I business license is on record at this address in data through Jul 25, 2026.
Landlord and residential filings
These are property registrations or landlord filings, not businesses operating at this address.
Zheng Plaza LLCActive
Rental · Initial issue date Jul 7, 2023 · Filed expiration Jul 6, 2027
1234 N 5th Street LLCInactive
Rental · Initial issue date May 12, 2017 · Terminal license date Jul 10, 2024
A license is an L&I registration, not proof that a business is open, operating today, or located at this storefront. Dates are license dates. Events are deduped by parcel, business identity, and license type, so a renewal is not shown as another opening. Other permit and filing types remain in the full source ledger.
Open every source row 19 dated rows
- CertificationSprinkler Certification
Certification BC-2026-016278 · Certified
Expires 2027-04-21
- CertificationSprinkler Certification
Certification BC-2025-011799 · Certified
Expires 2026-04-28
- License terminal event1234 N 5th Street LLC: Rental landlord or residential registration marked inactive
License 738424 · Inactive
License event. Registration does not prove present operation or storefront occupancy.
- CertificationSprinkler Certification
Certification BC-2024-015972 · Certified
Expires 2025-05-01
- License issue eventZheng Plaza LLC: Rental landlord or residential registration initially issued
License 927983 · Active
License event. Registration does not prove present operation or storefront occupancy.
- Recorded transfer$850K transfer
2023
- License issue event1234 N 5th Street LLC: Rental landlord or residential registration initially issued
License 738424 · Inactive
License event. Registration does not prove present operation or storefront occupancy.
- Recorded transfer$850K transfer
2017
- PermitMechanical
Permit 699805 · COMPLETED
INSTALLATION OF THREE (3) COMPLETE SPLIT HVAC SYSTEMS THROUGHOUT THREE (3) STORY STRUCTURE WITH BASEMENT INCLUDING 80,000 BTU FURNACE AND 3 TON CONDENSER IN LOWER LEVEL UNIT, TWO (2) 40,000 BTU AND 2 TON CONDENSING UNITS IN SECOND AND THIRD FLOOR UNITS, ALL ASSOCIATED DUCTWORK, GRILLES, REGISTERS, DIFFUSERS AND BATHROOM EXHAUST FANS. SEPARATE PERMITS REQUIRED FOR ALL ELECTRICAL AND PLUMBING WORK.
- PermitElectrical
Permit 696560 · COMPLETED
INSTALL 300AMP SERVICE COMPLETE WITH 4 METERS, 4 PANELS AND GROUNDING, 105 OUTLETS, 72 SWITCHES, 82 RECESSED LIGHTS, 6 EXHAUST/FAN COMBOS, 31 SURFACE MOUNTED FIXTURES, TV/PHONE LINES SMOKE/CO DETECTORS AS PER 2008 NEC (EAST DISTRICT) INSTALL FIRE ALARM SYSTEM AS PER NFPA72
- PermitPlumbing
Permit 692930 · COMPLETED
NEW CONSTRUCTION:ALL PLUMBING INTERIOR; THREE-STORY STRUCTURE; MULTI-FAMILY THREE-FAMILY DWELLING; - THE INSTALLATION WILL COMPY WITH THE PHILADELPHIA PLUMBING CODE 2004.
- PermitPlumbing
Permit 703438 · COMPLETED
1" DOMESTIC WATER,4" MAIN DRAIN,5" LATERAL,CURB TRAP AND FAI PA20161800727 (TRIPLEX)SELF CERTIFICATION'S ARE NO LONGER PERMITTED","ALL EXCAVATIONS AND PLUMBING TRENCHES IN EXCESS OF 5 FT IN DEPTH MUST HAVE APPROVED SHORING IN PLACE AT THE TIME OF INSPECTION"
- PermitSuppression
Permit 698194 · COMPLETED
NEW 2" FIRE SERVICE. NEW PIPE, HANGERS, AND FITTINGS. NEW CITY APPROVED BACKFLOW PREVENTION ASSEMBLY,NEW FIRE DEPARTMENT CONNECTION. SPRINKLERS SYSTEM THROUGHOUT BUILDING IN ACCORDANCE WITH NFPA 13R
- PermitNew construction
Permit 672432 · COMPLETED
FOR THE CONSTRUCTION OF A THREE-STORY STRUCTURE, TO BE USED AS A THREE-FAMILY DWELLING, AS PER APPROVED PLANS.
- PermitZoning/use
Permit 640659 · COMPLETED
FOR THE ERECTION OF AN ATTACHED STRUCTURE WITH SIDE DECKS AT THE SECOND AND THIRD FLOOR LEVELS. SIZE AND LOCATION AS SHOWN IN APPLICATION. FOR USE AS MULTI-FAMILY HOUSEHOLD LIVING [THREE (3) DWELLING UNITS].
- AppealZoning board appeal
Appeal 26360 · CLOSED · Granted
Related permit 640659 · PERMIT FOR THE ERECTION OF AN ATTACHED STRUCTURE WITH SIDE DECKS AT THE SECOND AND THIRD FLOOR LEVELS. SIZE AND LOCATION AS SHOWN IN APPLICATION. FOR USE AS MULTI-FAMILY HOUSEHOLD LIVING [THREE (3) DWELLING UNITS].
- Land recordLand record
2015
- InvestigationL_CLIP
Case 48280 · CLOSED
City marked the record closed; open the case for the closing reason.
- InvestigationL_CLIP
Case 48280 · FAILED
The cited inspection visit was marked failed; later rows may show follow-up or resolution.
Where this comes from
- Assessment, spec sheet & owner: OPA Property Assessments, Office of Property Assessment
- Sales & deed history: Realty Transfer Tax records, Recorder of Deeds
- Permits, violations & inspections: L&I Property History · Atlas
- Tax delinquency snapshot · June 2022: Real Estate Tax Delinquencies, Dept. of Revenue
- Historical tax ledger & liens · through 2016: Real Estate Tax Balances, Dept. of Revenue
- Current property-tax balance: Verify with Philadelphia Revenue
- Zoning appeals: L&I & Zoning Board appeals
- Neighborhood income & rents: US Census ACS 5-year estimates
- Historical mortgage rates: Freddie Mac Primary Mortgage Market Survey, annual averages
- Imagery: Street photo © Google · Aerial © Esri, Maxar
Methodology & freshness
This report was assembled Jul 27, 2026, 1:01 AM ET. Available City datasets are queried from OpenDataPhilly (phl.carto.com) and the cited City ArcGIS feeds; record queries paginate rather than silently taking a first page. For this property: Permits: queried · Violations: queried · Investigations: queried · Appeals: queried · Licenses: queried · Building certifications: queried. “Unavailable” means the source query failed or was not supplied, not “no record.” Reports re-pull on view after seven days and on an overnight rolling schedule; citywide benchmarks recompute weekly. Source dates still govern: the parcel-level tax-delinquency snapshot is June 2022 and the separate detailed tax ledger ends in 2016, so neither establishes today’s balance. The live balance and date-effective payoff must be verified in Tax Center. AI-written passages are grounded in the assembled record and rejected if they state a number the record does not hold.
Official city record ↗ · L&I history ↗ · See the whole block · Download this record (JSON)