Exclusive | The Hamptons have competition and its a secret tiny NJ coastal town 45 minutes from NYC with $20M listings
Rumson, New Jersey has spent decades as Monmouth County’s best kept secret.Not anymore.A sprawling waterfront compound on the Navesink River just hit the market for $26 million, which could stand as the highest asking price in Monmouth County history if it closes anywhere near list.
It’s not an isolated blip. Just down the road, a home sold this year for $20 million and the buyers are tearing it down to rebuild. Zoom out further and the town’s entire market has been climbing steadily upward, with the median list price now sitting at $3.22 million and closings in the $3 million to $4.5 million range showing up on a near weekly basis, according to listing data.The $26 million listing, at 100 W River Rd, includes four separate residences spread across more than five private acres, and it’s the clearest sign yet that this tiny riverside enclave 45 minutes from Manhattan has quietly transformed into one of the priciest zip codes on the East Coast.The main house is a custom four story residence with six bedrooms, seven full baths and three half baths, plus a private elevator.The kitchen is stocked with Sub-Zero, Gaggenau, Wolf and Miele appliances, and the lower level has a cedar sauna, an exercise room and a hot tub.
The primary suite comes with its own sitting room and library, along with a spa style bathroom finished in Perrin & Rowe fixtures and Ann Sacks tile.Beyond the main house sits a five bedroom guest residence, a staff house and a carriage house.Down by the water there’s a boathouse topped with a fiberglass rooftop deck and an Ipe dock with a boat lift, opening straight onto the Navesink.
The grounds also include an infinity edge pool ringed in travertine, English style hedged gardens, a mature apple orchard, a greenhouse and an eight car garage. The beach, area yacht and country clubs, and NYC ferry service are all just minutes away.If the deal closes near ask, it would set a new high water mark for the town. Rumson’s current record belo...