1234 New Jersey Ave Nw, Washington, DC 20001
Local realty services provided by:ERA Valley Realty
1234 New Jersey Ave Nw,Washington, DC 20001
$995,000
- 0.08 Acres
- Lots / Land
- Active
Listed by: george giamas
Office: long & foster real estate, inc.
MLS#:DCDC2223452
Source:BRIGHTMLS
Price summary
- Price:$995,000
About this home
Just reduced!! Prime Development Opportunity
An exceptional opportunity to acquire one of the very few remaining vacant lots in the heart of downtown Washington, DC’s vibrant Mt. Vernon Square neighborhood.
1234 New Jersey Avenue NW offers matter-of-right development potential for two residential units (purchaser to 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 — presenting intriguing redevelopment possibilities in a highly desirable urban core location.
Investment Highlights
Matter-of-Right Development – Potential for two residential units (buyer to confirm zoning).
Rare Vacant Lot – One of the last remaining undeveloped parcels in this prime downtown neighborhood.
Central Location – Positioned in the dynamic Mt. Vernon Square corridor.
Transit-Oriented – Convenient access to multiple Metro stations and major commuter routes.
Walkable Urban Lifestyle – Steps from parks, acclaimed restaurants, retail, and neighborhood amenities.
Strong Residential Demand – Surrounded by established row homes, new condominium developments, and luxury apartments.
Premier Downtown Setting
Located in the heart of Mt. Vernon Square, the property benefits from immediate proximity to the Walter E. Washington Convention Center, CityCenterDC, and the Shaw corridor. The neighborhood continues to experience sustained residential growth, retail expansion, and long-term investment stability.
This is a rare opportunity for a developer or investor to secure a foothold in one of Washington, DC’s most centrally located and supply-constrained neighborhoods....
Contact an agent
Home facts
- Listing ID #:DCDC2223452
- Added:195 day(s) ago
- Updated:April 02, 2026 at 01:38 PM
Structure and exterior
- Lot area:0.08 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$995,000
- Tax amount:$92,299 (2024)
New listings near 1234 New Jersey Ave Nw
- Coming Soon
$1,300,000Coming Soon3 beds 3 baths4606 Verplanck Pl Nw, WASHINGTON, DC 20016
MLS# DCDC2253144Listed by: COMPASS - New
$775,000Active2 beds 2 baths1,427 sq. ft.1238 Linden Pl Ne, WASHINGTON, DC 20002
MLS# DCDC2253340Listed by: COMPASS - New
$975,000Active2 beds 2 baths962 sq. ft.3220 Grace St Nw #5, WASHINGTON, DC 20007
MLS# DCDC2253624Listed by: COMPASS - New
$330,000Active1 beds 1 baths728 sq. ft.5402 Connecticut Ave Nw #400, WASHINGTON, DC 20015
MLS# DCDC2249468Listed by: RLAH @PROPERTIES - New
$225,000Active-- beds 1 baths461 sq. ft.300 M St Sw #n102, WASHINGTON, DC 20024
MLS# DCDC2251046Listed by: COMPASS - New
$1,699,000Active3 beds 3 baths2,619 sq. ft.4114 Emery Pl Nw, WASHINGTON, DC 20016
MLS# DCDC2252096Listed by: TTR SOTHEBY'S INTERNATIONAL REALTY - New
$174,900Active1 beds 1 baths740 sq. ft.5410 Connecticut Ave Nw #416, WASHINGTON, DC 20015
MLS# DCDC2252212Listed by: OWN REAL ESTATE - New
$879,000Active3 beds 4 baths1,678 sq. ft.2502 18th St Ne, WASHINGTON, DC 20018
MLS# DCDC2253764Listed by: WEICHERT, REALTORS - Coming SoonOpen Sat, 12 to 3pm
$599,900Coming Soon3 beds 3 baths3149 Ne Newton St Ne, WASHINGTON, DC 20018
MLS# DCDC2252858Listed by: SAMSON PROPERTIES - New
$625,000Active3 beds 3 baths1,220 sq. ft.2121 4th St Ne #1, WASHINGTON, DC 20002
MLS# DCDC2253314Listed by: RLAH @PROPERTIES