Property Highlights
Property Details
Price: $875,000
2 Bed
3 Bath
1,437 Sq Ft
Year Built: 2015
Price: $875,000
2 Bed
3 Bath
1,437 Sq Ft
Year Built: 2015
1242 New Jersey Ave NW, Unit 2 is a 1,437-square-foot condominium residence in Shaw, one of NW Washington’s most connected and walkable neighborhoods. Built in 2015, the two-bedroom, two-and-a-half-bath layout offers generous proportions for a boutique building unit. Monthly HOA fees of $350 reflect a well-managed, cost-efficient structure. Priced at $875,000, the residence presents a compelling opportunity in a submarket where newer construction at this scale is relatively limited.
1242 New Jersey Ave NW, Unit 2 is a 2015-built condominium residence in Shaw, offering 1,437 square feet of thoughtfully configured living space across two bedrooms and two and a half baths. The building’s boutique scale and relatively recent construction set it apart from the older converted stock that dominates much of the surrounding neighborhood.
Shaw occupies a central position in NW Washington, with direct access to the Green and Yellow Line Metro at Shaw-Howard University, as well as easy reach of the Mount Vernon Square and Convention Center corridors. New Jersey Avenue itself serves as a quiet residential connector between the neighborhood’s commercial energy and its tree-lined side streets.
At $875,000 with a $350 monthly HOA fee, the residence offers a competitive cost-of-ownership profile relative to comparable newer construction in Logan Circle and Capitol Hill. The HOA fee structure suggests a lean, well-managed association — a meaningful consideration for buyers evaluating long-term carrying costs.
Neighborhood & Lifestyle
A snapshot of everyday conveniences, destinations and experiences just moments from your door.
Neighborhood & Lifestyle
A snapshot of everyday conveniences, destinations and experiences just moments from your door.
Property Location
The residence at 1242 New Jersey Ave NW, Unit 2 is a 2015-built condominium spanning 1,437 square feet in a boutique building in Shaw. The two-bedroom, two-and-a-half-bath configuration provides a practical and spacious layout relative to the typical one-bedroom and studio units that dominate much of the neighborhood’s newer inventory. A monthly HOA fee of $350 reflects a lean association structure, which generally corresponds to lower shared overhead and more direct owner control over building decisions.
Shaw is one of the most centrally positioned neighborhoods in NW Washington, situated between Logan Circle to the southwest, the U Street corridor to the north, and the Mount Vernon Square and Convention Center area to the southeast. New Jersey Avenue runs diagonally through the neighborhood, offering a direct north-south connection that links Shaw to Capitol Hill and the broader downtown core. The surrounding blocks feature a dense mix of row houses, boutique condominiums, local dining, and neighborhood retail that has developed substantially since 2010.
Day-to-day life at 1242 New Jersey Ave NW benefits from Shaw’s walkability and transit access. The Shaw-Howard University Metro station on the Green and Yellow Lines is close at hand, and the neighborhood’s street grid connects easily to the 9th Street and 7th Street commercial corridors, where local restaurants, coffee shops, and grocery options are concentrated. The broader Logan Circle and U Street areas are within easy reach on foot, extending the range of dining, fitness, and cultural options available without a car.
Tom Bauer, Evan Johnson, and the Wardman Residential team at Compass have extensive experience in Shaw and the broader NW DC condo market, with particular depth in the boutique condominium segment that defines much of the neighborhood’s newer construction. We have worked with both buyers and sellers navigating this submarket, where building scale, HOA structure, and construction vintage meaningfully affect value. If you are evaluating Shaw condos or comparable NW DC residences, we welcome the conversation — reach out for recent comparables, HOA analysis, and our current perspective on the market.
Key details about the residence, building, and location to help you evaluate this opportunity.
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207 Florida Ave NW, #1, Washington, DC 20001