• Rumson, New Jersey, one of the state's wealthiest towns, is set to get its first luxury condominium development. The project, called The Residences at Rumson, will feature 24 high-end units with prices starting at $1.5 million. The development aims to cater to the growing demand for luxury living options in the desirable Rumson area.

• The Residences at Rumson will offer amenities such as a private clubhouse, fitness center, and concierge services. The condos will range from 2,400 to 3,600 square feet, with features like private elevators, high-end finishes, and panoramic views of the Navesink River. The project is being developed by Denholtz Properties, a prominent real estate firm in the region.

• The introduction of The Residences at Rumson is seen as a significant addition to the town's luxury housing market, which has traditionally been dominated by single-family homes. The development is expected to attract affluent buyers who are seeking a maintenance-free, high-end living experience in the desirable Rumson area, known for its upscale lifestyle and proximity to New York City.