Vacant Downtown Residential Development
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 Market415
Property Features for 1234 New Jersey Avenue NW
General Information
Standard status
Active
Property subtype
Land
Lease Term
[]
Site & Location
Neighborhood
Mount Vernon Square
Listing Agency:
Long & Foster Real Estate,Inc.
Listed By:
George Giamas · License #SP98359280
(202) 276-6708
Source:
Deepcreeklake
Added: Sep 10, 2025
Changed: Oct 25
Last Checked: Oct 28 at 8:52AM
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.
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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.
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
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Open Analytics
Location Intelligence
Trade Area within ½ mile
5,864
Businesses Nearby
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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
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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
