Search
Vacant Downtown Residential Development Lot
For Sale
$890,000

1234 New Jersey Avenue NW, Washington, DC 20001

Consolidated vacant lot with potential for two residential units in a downtown setting.

Property SizeContact for details
Days on Market337

Property Features for 1234 New Jersey Avenue NW

General Information

Standard status Active
Property subtype Land
Lease Term []
Listing Agency: Long & Foster Real Estate,Inc.
Listed By: George Giamas
Source: Deepcreeklake
Added: Sep 10, 2025 Changed: Aug 8 Last Checked: Aug 8 at 7:44AM

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 offering is a vacant, consolidated residential development lot at 1234 New Jersey Avenue NW. The parcel has historically been comprised of three separate lots that were improved with three row homes. It is now consolidated into a single lot, creating a straightforward site configuration for redevelopment planning. The seller notes matter-of-right development potential for two residential units, and the purchaser is required to verify zoning and development capabilities.

Located in the Mt. Vernon Square area of downtown Washington, DC, the property is positioned within the city’s active, transit-oriented corridor. The remarks cite convenient access to multiple Metro stations and major commuter routes, along with proximity to the Walter E. Washington Convention Center, CityCenterDC, and the Shaw corridor.

For developers or investors seeking an infill site, the consolidated parcel and stated two-unit matter-of-right possibility make it a practical candidate for residential redevelopment. Because zoning and development capabilities must be confirmed by the buyer, prospective parties may want to align early with local requirements before finalizing concepts. The surrounding area is described as an established mix of row homes, condominiums, and apartments, supporting consideration for residential reuse in an urban core context.

Key Highlights

  • Vacant lot at 1234 New Jersey Avenue NW in Washington, DC’s Mt. Vernon Square neighborhood
  • Matter‑of‑right development potential for two residential units (buyer to verify zoning and development capabilities)
  • Historically comprised of three separate lots improved with three row homes; now consolidated into a single lot

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Tanning Salon (Bike/Boat/Book/etc) Store Clothing & Fashion Store Pet Grooming Service Florist Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5,864
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Consolidated vacant lot with potential for two residential units in a downtown setting.
Where is this residential land & home lot located?
The property is located at 1234 New Jersey Avenue 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: Vacant lot at 1234 New Jersey Avenue NW in Washington, DC’s Mt. Vernon Square neighborhood; Matter‑of‑right development potential for two residential units (buyer to verify zoning and development capabilities); Historically comprised of three separate lots improved with three row homes; now consolidated into a single lot
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message