Reading3 Story or More Built As Office Office Apartments Above

42 S 5 St

Reading · Reading School District · 0.17 acres · Parcel 04530627796791

$107,400
Assessed value: $4,996
Taxes a year, 2026 rates: $125,000
Last sold May 4, 2023

The buildings

Built1900

Floor area9,652 sq ft

Lot size0.17 acres

Land use3 Story or More Built As Office Office Apartments AboveCommercial

On file asCommercial Building · Detached Improvements

Value and taxes

Land$43,600

Buildings$63,800

Assessed$107,400Tax year 2026, on the county's 1994 base

MarketAbout $335,100The state's ratio for Berks, 3.12 times the assessed value, July 1, 2026 to June 30, 2027

By nearby salesAbout $244,000Properties like this sold nearby are assessed at 44% of their sale prices

HomesteadNot enrolled

Taxes, 2026 rates	Rate	A year
Berks County	9.013 mills	$968
Reading	19.217 mills	$2,064
Reading School District	18.29 mills	$1,964
About $4,996 a year	46.52 mills	$4,996

How Berks County property tax works →

Sales history

Date	Price	Deed
May 4, 2023	$125,000	Instrument 2023012775
April 2000	$0	Not on file

Properties like this

22 sold within a mile in two years · median $237,500

3 Story or More Office Built As OfficeReading

34 S 4 St

Reading · 0.16 acres · 0.1 miles away · Parcel 05530626791850

Assessed at $100,700. Last sold February 26, 2026 for $225,000.

Restaurant Liquor LicenseReading

30 S 4th St

Reading · 0.16 acres · 0.1 miles away · Parcel 05530626792833

Assessed at $211,000. Last sold April 20, 2026 for $475,000.

3 Story or More Built As Store Office Apartments AboveReading

348 Penn St

Reading · 0.13 acres · 0.1 miles away · Parcel 05530782701083

Assessed at $90,200. Last sold February 28, 2025 for $200,000.

3 Story or Less Low Rise 5 to 10 Units 1 BldgReading

238 S 5 St

Reading · 0.14 acres · 0.2 miles away · Parcel 04530635786684

Assessed at $232,900. Last sold May 15, 2026 for $800,000.

3 Story or More Converted Store Office Apartments AboveReading

24 N 6 St

Reading · 0.13 acres · 0.2 miles away · Parcel 07530783803620

Assessed at $175,000. Last sold July 17, 2026 for $355,000.

2 Story House Converted to StoreReading

127 N 5th St

Reading · 0.09 acres · 0.3 miles away · Parcel 07530783719046

Assessed at $72,100. Last sold May 26, 2026 for $210,000.

Multi Story Up to 25,000 Sq FtReading

619 Spruce St

Reading · 0.16 acres · 0.3 miles away · Parcel 04530635885597

Assessed at $42,800. Last sold December 12, 2024 for $75,000.

Church (taxable)Reading

621 Washington St

Reading · 0.27 acres · 0.3 miles away · Parcel 07530783806819

Assessed at $163,800. Last sold March 9, 2026 for $130,000.

Owner of record

OwnerFifth Street Holdings LLC

Mailing50 N 5th StReading PA 19601

Other parcels in the same name5 parcels in the county, $354,800 assessed in all.

Parsonage (taxable)Reading

122 Reed St

Reading · 0.03 acres · Parcel 07530783816037

Assessed at $33,700. Last sold August 22, 2025 for $50,000.

Church (taxable)Reading

123 N 6 St

Reading · 0.51 acres · Parcel 07530783815043

Assessed at $103,100. Last sold August 22, 2025 for $50,000.

3 Story or More Converted to StoreReading

137 N 5 St

Reading · 0.07 acres · Parcel 07530783810104

Assessed at $52,300. Last sold October 2, 2026 for $200,000.

3 Story or More Converted to StoreReading

139 N 5 St

Reading · 0.08 acres · Parcel 07530783810106

Assessed at $58,300. Last sold October 1, 2026 for $200,000.

Where it is

Parcel04530627796791PIN 530627796791

MunicipalityReading

SchoolsReading School District

Flood zoneOutside the mapped floodplains

Historic districtCallowhill Historic District, eligible for the National Register

DirectionsOpen this parcel in Google Maps →

County data as of October 23, 2026. Information is based on geospatial data from the County of Berks.