Rumson, N.J. waterfront estate listed for $26 million, rivaling Hamptons prices
A five-acre riverfront compound in Rumson, New Jersey has been put on the market for $26 million, potentially setting a new local record.
A sprawling waterfront estate on the Navesink River in Rumson, New Jersey, is now listed for $26 million, featuring a four-story main house, three additional residences, a boathouse with dock, infinity-edge pool and an eight-car garage on over five acres. If sold near the asking price, it would surpass the town’s previous record of $12 million set by Long Point Estate. Recent transactions—including a $20 million property being demolished and a $17.5 million mansion—show Rumson’s market climbing, with the median asking price at $3.22 million and weekly closings between $3 million and $4.5 million.
Agents cite pandemic-driven scarcity and the town’s 45-minute ferry commute to Manhattan as drivers of demand. The area, known for celebrity residents such as Bruce Springsteen and Jon Bon Jovi, is also gaining attention from the nearby $1 billion Netflix studio project. Local sellers say the community is adjusting to the heightened visibility and price growth.
Why it matters
The sale highlights how pandemic-era scarcity is pushing suburban waterfront markets to near-Hamptons price levels.
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