Market Insights  /  Fishtown
Development Watch · Fishtown

2119 N 7th StCleared to build

4-unit residential new construction, zoned RM1.

A 4-unit residential building is set to rise at 2119 N 7th St in Fishtown, the kind of by-right infill quietly reshaping the block. It was cleared to build in Jul 15, 2022.

The 1,710 sq ft site is zoned RM1, which supports a building on the order of 3 stories by right. Records show the parcel last traded in 2020 for $20K. The plans call for for new construction of a three- story wood-frame attached structure on reinforced concrete footings/foundations with a roof deck and roof deck access structure. for use as a mult-family household living for 4 dwelling units throughout. building shall be fully sprinklered as per nfpa 13. separate permits required for all mechanical, electrical, plumbing, and fire suppression systems. **protection of right-of-way / pedestrians / adjacent properties required during all construction.**energy code compliance in accordance with 2018 iecc. prior to issuance of c.o submittal of air barrier checklist and envelope testing certificate is required. both to be completed by an approved party.

The owner of record is 2119 N7th LLC. The project's plan drawings are on file — worth a look for anyone underwriting the surrounding block.

It isn't rising in isolation. Within a half-mile, 12 other major projects have broken ground since 2022 — roughly 259 units of new supply — including the 8-unit project at 2059 Germantown Ave, the 9-unit project at 914-18 W Susquehanna Ave, the 9-unit project at 1941 N Marshall St. That kind of concentration is exactly what pulls land values, and buyer attention, toward a block.

We'll update this page as the project progresses — leasing, retail tenants, renderings, and construction milestones as they surface. The relevant question for investors and agents: what are the surrounding parcels worth to a builder now that this is coming?

📄 View the project's plan drawings (PDF)
Schematic massing — illustrative of the ~3-story by-right envelope, not the developer's design.
Units
4
Zoning
RM1
By-right envelope
~3 stories
Lot
1,710 sq ft
Last sale
$20K · 2020
Cleared to build
Jul 15, 2022
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 149 under-built parcels within a half-mile that a developer could still acquire and build — each carrying a builder's max bid. Addresses and figures are members-only.

~190buildable units
████████ Street
ICMX · 0.41 mi away
Max bid to a builder $4.0M · Opportunity Score 94
Unlock →
~140buildable units
████████ Street
ICMX · 0.39 mi away
Max bid to a builder $2.8M · Opportunity Score 92
Unlock →
~105buildable units
████████ Street
IRMX · 0.47 mi away
Max bid to a builder $2.2M · Opportunity Score 92
Unlock →
~127buildable units
████████ Street
ICMX · 0.44 mi away
Max bid to a builder $2.0M · Opportunity Score 91
Unlock →
~56buildable units
████████ Street
RM1 · 0.44 mi away
Max bid to a builder $1.1M · Opportunity Score 89
Unlock →
Unlock the 149 nearby opportunities →
The block

What else is rising nearby

Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.

8u2059 Germantown Ave0.11 mi
9u914-18 W Susquehanna Ave0.19 mi
9u1941 N Marshall St0.19 mi
9u2300-10 Germantown Ave0.20 mi
9u2300-10 Germantown Ave0.20 mi
35u2132-38 N 10th St0.24 mi
13u2326-28 N 9th St0.29 mi
18u439-45 W Berks St0.30 mi
Progress

How this project is moving

In permitting ⚠ Status unclear — no recent activity
Estimated from the construction permit sequence — an approximation of stage, not a precise schedule.
Every logged milestone appears here — highlighted ones are the headline stages; the rest track interim construction activity. Checked daily.
Compiled by InvestPHL. Unit counts, scope, and ownership are as recorded and subject to revision; the massing figure is a schematic illustration of the by-right envelope, not the developer's design or a marketing rendering. Verify zoning, status, and title with counsel before acting. InvestPHL does not list, market, or represent any property, buyer, or seller.