Downtown DC Vacant
For Sale
$890,000
1234 New Jersey Ave Nw, Washington, DC 20001
Rare opportunity for residential development in Mt. Vernon Square.
Property SizeContact for details
Lot Size0.08 Acres
Days on Market329
Property Features for 1234 New Jersey Ave Nw
General Information
Standard status
Active
Lot size
0.08 Acres
Property subtype
Land or Vacant Lot
Taxes and HOA fees
Annual Taxes
$92,299
Listing Agency:
LONG & FOSTER REAL ESTATE, INC.
(202) 966-1400
Listed By:
GEORGE GIAMAS
Source:
Corcoran
Added: Sep 18, 2025
Changed: Aug 8
Last Checked: Jul 16 at 7:22AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LONG & FOSTER REAL ESTATE, INC.
Investment Insights
Based on property information with market context.
This vacant lot presents a development opportunity in the Mt. Vernon Square neighborhood of downtown Washington, DC. The property offers matter-of-right development potential for two residential units; the purchaser should verify zoning and development capabilities. Historically comprised of three separate lots improved with three row homes, the property is now consolidated into a single lot. The location provides convenient access to multiple Metro stations and major commuter routes. The property is positioned near parks, restaurants, retail options, and neighborhood amenities. The surrounding area includes row homes, condominium developments, and apartments. The property benefits from proximity to the Walter E. Washington Convention Center, CityCenterDC, and the Shaw corridor. The neighborhood is experiencing residential growth, retail expansion, and long-term investment.
Key Highlights
- Rare Vacant Lot: One of the last remaining undeveloped parcels in the prime Mt. Vernon Square neighborhood.
- Matter‑of‑Right Development: Potential for two residential units (buyer to confirm zoning).
- Central Location: Positioned in the dynamic Mt. Vernon Square corridor.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,864
Businesses Nearby
Explore this area
Business Placement
Demographics for 20001, DC
49,040
Population
26,728
Households
1.8
Avg Household Size
32
Median Age
78%
College-Educated
95%
High-School Grad
2.0 sq mi
ZIP Area
24,520
Density / Sq Mi
$138,730
Median Household Income
$94,675
Median Earnings
$2,464
Median Rent
$844,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Rare opportunity for residential development in Mt. Vernon Square.
Where is this residential land & home lot located?
The property is located at 1234 New Jersey Ave Nw Washington, DC.
What is the asking price?
The asking price for this property is $890,000.
What are key features of this property?
This property features: Rare Vacant Lot: One of the last remaining undeveloped parcels in the prime Mt. Vernon Square neighborhood.; Matter‑of‑Right Development: Potential for two residential units (buyer to confirm zoning).; Central Location: Positioned in the dynamic Mt. Vernon Square corridor.
