The Block Report

Commercial property report

1501 N 2nd St

517 sqftRM1built 2014

Property at a glanceCommercial

1501 Second St LP

2026 assessment
$74K OPA value, not a listing price
2027 published assessment
$76K Future roll, not the current tax bill
Neighborhood area
Olde Kensington · North Philadelphia Approximate · based on ZIP 19122
From above · selected parcel outlined; choose a neighboring polygon to open it — imagery © Esri, Maxar

Assessment and City record timeline

The line tracks this property’s published City assessment. Markers show deeds, permits, inspections, licenses, violations, certifications, and appeals on their recorded dates. Select one to read the filing.

Assessments are tax-roll values, not sale prices or appraisals. OPA has published a 2027 assessment of $75,500. It is not yet the billed-year tax basis.

$0$250K$500K$76K201820202022202420262027
Property assessmentAssessmentPermit

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.

Every dated record4 events · exact dates, newest first
  1. PermitAlterations
  2. PermitSuppression
  3. PermitZoning admin review
  4. PermitUse

Verify the public record

$1,041/year estimated property tax

2026 taxable assessment $74,400 × 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 $75,500. It is not the 2026 billed-year value.

Current City balanceCheck Tax Center

Payments, credits, interest, and the current amount due are maintained by the City.

OPA 888181153
Open Philadelphia Tax Center →Use “View period balance” to inspect each tax year.
Exemption classificationNo exemption shown

2026 taxable assessment equals the full assessed value.

Historical delinquency sources Record found

$2,754.86 was recorded for this parcel in Philadelphia's June 2022 delinquency snapshot for 2020–2021. That amount may have been paid, reduced, or increased since; it is not a current payoff figure.

$1,960.22 principal$189.36 interest$127.22 penalty$478.06 other charges
2years recorded 2020–2021tax periods 2021-09-24last payment in snapshot Yesactionable flag Nopayment agreement Nobankruptcy flag Noassessment appeal

The snapshot’s 2022 context used $62,100 total assessment, $62,100 taxable, and $0 exempt/abated. Those historical fields can differ from today’s OPA exemption status.

For a purchase, refinance, or closing, request the City’s official Property Payoff statement in Tax Center under “More options.”

Property report

Commercial property

Commercial, recorded in the City's commercial category. The public record and owner trail follow.

$3K · Jun 2022 delinquency snapshot

What it is
Commercial Com Condo 1 Sty Masonry
Owner
1501 Second St LP
$ / sq ft
$146 below the $151 median for 7,668 commercial parcels citywide
Interior area
517 sqft
Lot size
6,000 sqft
Built
2014
Zoning
RM1

Recorded owner

Who's behind it

1501 Second St LP · corporate / LLC owner

• Owns 2 properties across Philadelphia under this name, assessed at $482K combined
• Tax bills mail to 47 Winfield Rd, Princeton NJ, 08540 — outside Philadelphia

PA corporate registry ↗OpenCorporates ↗City record ↗

Block context

1500 block of N 2nd St. Compare parcels, ownership, and public-record history.

See the whole block →

Next door: 1501 N 2nd St  ·  1501 N 2nd St

No business or residential license records

No business license or residential registration matched this OPA parcel in the latest City data.

Verify with the City ↗
Open every source row 4 dated rows
  1. PermitAlterations

    Permit PP-2022-010804 · Completed

    Replacement of 50 Gal electric water heater

  2. PermitSuppression

    Permit 944635 · COMPLETED

    EZ PERMIT SPRINKLER RELOCATION (NFPA 13)- FOR THE RELOCATION OF SPRINKLER HEADS AS PER ATTACHED STANDARDS. DEVIATIONS FROM THESE STANDARDS REQUIRE SUBMISSION OF CONSTRUCTION AND SITE PLANS.

  3. PermitZoning admin review

    Permit 855507 · COMPLETED

    FOR ZONING ADMINISTRATIVE APPROVAL OF PERMIT #796204 TO CORRECT NUMBER OF UNITS FROM PREVIOUSLY APPROVED 12 TO 11 AND TO CONVERT VACANT COMMERCIAL IN THE REAR PORTION OF THE CELLAR WITH BUSINESS AND PROFESSIONAL OFFICE USE.

  4. PermitUse

    Permit 796204 · COMPLETED

    FOR USE AS A MULTI-FAMILY HOUSEHOLD LIVING (INCREASE FROM 10 TO 12 DWELLILNG UNITS) IN AN EXISTING STRUCTURE WITH VACANT COMMERCIAL USE IN THE BASEMENT. USE GRANTED BY ZBA (CAL# 31745) WITH PROVISO FOR NO BEDROOM IN BASEMENT.

Where this comes from
Methodology & freshness

This report was assembled Jul 25, 2026, 10:39 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)