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About This Home

This land at 1234 NEW JERSEY AVE NW in WASHINGTON, DC is listed for $995,000 (0.08 acres).

Agent Description

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.

Key Features

  • 0.08 acre lot

Location

1234 NEW JERSEY AVE NW

WASHINGTON, DC 20001

Questions & Answers

This 0-bedroom, 0-bathroom land at 1234 NEW JERSEY AVE NW is listed at $995,000. The estimated monthly payment is $4,312 based on 20% down at 6.5% interest.

Key features include: 0.08 acre lot.

This property is listed by George Giamas and can be reached at 8885360216 or george.giamas@longandfoster.com.

GG

George Giamas

Agent at Chevy Chase Circle

(888) 536-0216

Listed by Chevy Chase Circle · View on Broker Site

MLS# DCDC2223452· Source: listhub· Updated 204 days ago

Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1234 NEW JERSEY AVE NW, WASHINGTON, DC 20001

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