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RUMSON: TALK ABOUT DOWNSIZING

From this… to that? Having moved out of the 18,000-square-foot colossus above, Pete and Judy Dawkins recently purchased the home shown below. (Click to enlarge)

By JOHN T. WARD

Eight months after selling one of Rumson’s most jaw-dropping homes for $12 million, Heisman Trophy winner and financier Pete Dawkins has picked up a relatively modest house across town.

Monmouth County property records show Dawkins and his wife, Judy, closed on a house on Highland Avenue earlier this month, paying $1.3 million.

Unlike Long Point, the Dawkinses’ former Navesink River-front estate whose driveway was nearly as long as their new street, the new place has neighboring homes just a dozen feet away on either side.

As to what he Dawkinses plan to do with the house, they’re not saying.

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RUMSON ESTATE GOES TO DERBY HORSEMAN

dawkins-estate3The Dawkins estate in Rumson as seen from the Navesink in 2008. (Click to enlarge)

By DUSTIN RACIOPPI

In a record-setting deal for Rumson, a Wall Street hedge-fund tycoon and headline-grabbing horse owner has purchased Pete Dawkins‘ mega-estate on the Navesink.

The sprawling West River Road gem known as Long Point went for $12 million to an entity controlled by George Hall, a financier who’s become a familiar railbird at big-stakes racing events.

Though Hall was widely rumored to be the buyer, official confirmation was unavailable until late last week, when a deed filed with the Monmouth County Clerk’s office was posted on that agency’s online database. It includes a document signed by Hall as the corporate officer of the named buyer, 80 West River Road LLC. Hall’s office in New York is given as the return address for 80 West River Road LLC in related documents.

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YOURS FOR JUST $29.9 MILLION

dawkins-estateThe Dawkins estate in Rumson, as seen from the Navesink by redbankgreen in 2008. (Click to enlarge)

Let us stipulate right up front that Pete Dawkins does everything on a scale most of us mortals can only gape at in wonder.

Don’t know who he is? Check out his exhaustively comprehensive monument-to-self website, one befitting his numerous achievements: 1958 Heisman Trophy winner. Rhodes scholar. Retired Army brigadier general. Wall Street bigwig. Onetime contender for U.S. Senate.

A decade ago, when Dawkins and his wife, Judith, bought the Rumson estate called Long Point from the widow of an heir to the A&P supermarket fortune, they plunked down $4.5 million and promptly tore down the existing mansion, replacing it with a 20,000-square-foot home on a spit of land jutting out into the Navesink River.

Now, in keeping with his appetite for the biggest and best, Dawkins has put the place up for sale at a price that, if obtained, would crush the previous high price in the region, a knowledgeable broker tells redbankgreen.

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