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    124 E River Rd, Unit Rumson Rumson, NJ 07760

    For Sale
    $1,495,000

    Fully renovated mixed-use building in the heart of downtown Rumson.

    Lot size:
    0.16 Acres

    Property Features for 124 E River Rd

    General Information

    Standard status
    Active
    Lot size
    0.16 Acres

    Building Details

    Year built
    1982

    Source: KELLER WILLIAMS REALTY EAST MONMOUTH Agent MICHAEL GUARINO

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Mixed-Use Building in Rumson

    This fully renovated mixed-use building is located in downtown Rumson, New Jersey. The property is zoned for commercial, residential, or mixed-use, offering flexibility for investors, entrepreneurs, or business owners. The property features a private parking lot and ample street parking. It is situated in a high foot-traffic area surrounded by restaurants, shops, and professional offices. The zoning allows for the construction of a second floor, providing expansion potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rumson
    County
    Monmouth
    State
    New Jersey
    Longitude
    -73.999927
    Latitude
    40.3728473

    FAQs

    What type of property is this?
    Mixed-use property - Fully renovated mixed-use building in the heart of downtown Rumson.
    Where is this mixed-use property located?
    The property is located at 124 E River Rd, Unit Rumson Rumson, NJ.
    What is the asking price?
    The asking price for this property is $1,495,000.
    What are key features of this property?
    This property features: - Prime downtown Rumson location in a high foot-traffic area.; - Zoned for commercial, residential, or mixed use, offering flexibility.; - Fully renovated building, updated inside and out.
    (732) 704-4033
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    124 E River Rd, Unit Rumson Rumson, NJ 07760
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    Rumson, NJ 07760
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    124 E River Rd, Unit Rumson Rumson, NJ 07760
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