Rumson, New Jersey Real Estate Market Surges with $26 Million Listing
Rumson, New Jersey, a coastal town in Monmouth County, has seen a significant rise in its real estate market, highlighted by a new $26 million listing on the Navesink River. This property, which includes four separate residences on over five acres, could set a record for the highest asking price in the county if it sells near the list price. The town's real estate market has been steadily climbing, with the median list price now at $3.22 million. The surge is attributed to pandemic-era inventory shortages, increased awareness of Rumson's proximity to Manhattan, and the development of a nearly $1 billion Netflix production studio nearby. Rumson has long been a quiet retreat for celebrities and affluent individuals, offering a lifestyle similar to the Hamptons but without the traffic. 
