Point bars are crucial elements of river systems, significantly enhancing the nitrogen cycle in riparian zones by facilitating hyporheic exchange between surface water and riparian zones. This study investigated the impact of dissolved oxygen (DO) concentration and temperature on nitrogen transport and reactions in river point bars. A two-dimensional coupled surface water–groundwater model was developed to analyze nitrogen distribution, variations, and reaction rates in rivers with point bars. The model considered three chemical reactions controlling nitrogen transformation: aerobic respiration, nitrification, and denitrification, with DO and temperature as independent variables. The results indicated that DO variations have a limited effect on solute migration depth, whereas increased temperature reduces solute migration depth. At surface water DO concentrations of 0.1, 0.2, and 0.4 mol/m3, nitrate removal in the riparian zone was 0.022, 0.0064, and 0.0019 mol/m, respectively. At riparian temperatures of 5 °C, 15 °C, and 25 °C, nitrate removal was 0.012, 0.041, and 0.16 mol/m, respectively. Nitrogen removal is more sensitive to temperature variations than to changes in DO concentration. In this research, the decrease in DO concentrations and the temperature increase greatly enhanced the riparian zone’s denitrification effect. This study improves our understanding of how riparian zones impact nitrogen cycling under various environmental conditions.