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$1,495,000
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Property Description
Don't miss this once-in-a-lifetime opportunity to own a fully renovated mixed-use building in the heart of downtown Rumson, one of New Jersey's most sought-after towns. Updated inside and out, this rare gem is zoned for commercial, residential, or mixed use, offering incredible flexibility for investors, entrepreneurs, or business owners. The property features a private parking lot, ample street parking, and is ideally located in a high foot-traffic area surrounded by top-rated restaurants, shops, and professional offices. the zoning allows construction of a second floor, giving you the potential to expand as your needs grow. Whether you're launching a new venture or growing your investment portfolio, this prime property delivers exceptional potential in a vibrant downtown setting.
Full Property Details
Full Property Details for 124 E River Rd
General
- Price: $1,495,000
- Taxes: $5,760 (2024)
- Status: Active
- Type: Commercial
- Source: Monmouth
- MLS ID: 22516867
- Updated: 8/13/2025
- Added to Site: 159 day(s) ago
Business
- Business Type: Other
Parking
- Total Spaces: 6
- Parking Features: Parking Lot
Location
- Area: Rumson (RUM)
- Municipality: Rumson (RUM)
- County: Monmouth
Heating & Cooling
- Heating Type: Forced Air
Utilities
- Gas: On Site
- Dist. to Gas: On Site
- Sewer: Public Sewer
- Water: Public
Structural Information
- Current Bldg. Use: Other
- Year Built: 1982
Lot Features
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 6,969.6
- Lot Dimensions: 50 x 140
Financial Considerations
- Tax Amount: $5,760
- Tax Year: 2024
Disclosures and Reports
- Property ID: 41-00054-0000-00010
- Section: None
Listed by Keller Williams Realty East Monmouth, Michael Guarino
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Schools
Schools serving 124 E River Rd
School Districts:Rumson Borough School District, Rumson-Fair Haven Regional School District
| Name | Grades | Distance |
|---|---|---|
Forrestdale Middle School 60 Forrest Avenue, Rumson, NJ 07760 | 4-8 | 0.2 mi |
Deane-Porter Elementary School 50 Black Point Road, Rumson, NJ 07760 | PK-3 | 0.3 mi |
Rumson Fair Haven Regional High School 74 Ridge Road, Rumson, NJ 07760 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 124 E River Rd
Date
Details
Price
Change
Source
6/07/2025
Listed
$1,495,000
61.62%
MLS
11/05/2024
Sold
$925,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 124 E River Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,760
-6%
$546,600
4%
2023
$6,124
-4%
$523,600
—
2022
$6,403
-6%
$523,900
5%
2021
$6,828
—
$497,500
4%
2021
$6,828
-9%
$479,800
-5%
2018
$7,502
1%
$506,200
—
2017
$7,399
3%
$503,700
—
2016
$7,189
-1%
$501,700
1%
2015
$7,239
-2%
$498,200
-1%
2019
$7,396
2%
$503,500
1%
2014
$7,230
2%
$496,200
12%
2013
$7,103
—
$441,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 124 E River Rd
124 E River Road, Rumson, NJ 07760 (MLS# 22516867) is a Commercial property. 124 E River Road is currently listed for $1,495,000 and was received on August 13, 2025. Want to learn more about 124 E River Road? Do you have questions about finding other Commercial real estate for sale in Rumson? You can browse all Rumson real estate or contact a Coldwell Banker agent to request more information.

