40 Independence Road, Red Bank, NJ 07701 (MLS# 22607710)

40 Independence Road, Red Bank, NJ 07701

$10,000,000
Property Type: Multi-Family Lot Size (sq. ft.): 891,673 Status: Active
Current Price: $10,000,000 List Date: 3/24/2026 Last Modified: 6/03/2026

Description

Step onto this rare 20-acre estate in Middletown, NJ, & the outside world simply disappears. Comprised of a 15-acre parcel & two 2.5-acre lots with Chapel Hill Rd access & saleable separately - one of the smaller lots already improved with a cottage. 5 residences, a clock tower, Gothic arches, ivy-covered stone courtyards, Ludowici tile roofs, hand-carved oak doors & interconnecting pebble drives create the unmistakable feeling of a French chateau at a human scale. Granite hitching posts, original stone fountains & a small barn with paddocks serve the property's horses, while wisteria & English ivy tumble over every wall. Beyond the courtyards, meadows & tree lines extend the sense of seclusion. Designed by acclaimed architect Alfred Hopkins, with landscapes by Martha Brookes Hutcheson,

Suppliments: one of America's first women landscape architects, the estate was built for the Straus family of Macy's, whose name carries rare Titanic provenance. Offered for the first time since 1949, Tower Hill Farm is one of NJ's last authentic links to the Gilded Age.

More Information MLS# 22607710

Contract Info

Status: Active List Date: 2026-03-23 List Price: $10,000,000 Current Price: $10,000,000 Property Sub-Type: Multiple Buildings

Location

House Number: 40 Street Name: Independence Street Suffix: Road County: Monmouth Municipality: Middletown (MID) Postal City: Red Bank State: NJ Zip Code: 07701 Area/Section: Locust Complex/Subdivision: None Elementary School: Fairview Other Elementary: Rumson Country Day Middle School: Bayshore High School: Middle North Other High: Ranney School Directions: Cooper Rd to Hillandale to Independence or Chapel Hill Rd to Independence

General Property Info

# Units in Bldg: 1 Apx Year Built: 1932 Fireplace: Yes # Acres: 20.47 Garage: Yes # Car Garage: 13 Pool: Yes Waterfront: No Waterview: No

Tax and Legal

Asmnt - Total: 4023500 Deed Restricted: Yes Taxes: 64939 Tax Year: 2025

Unit 1

Master Bedroom Level: 1 # Bedrooms: 3 # Full Baths: 4 Kitchen Level: 1 Living Room Level: 1

Unit 2

# Bedrooms: 3 Bedroom Level: 2 # Full Baths: 1 # Half Baths: 1 Kitchen Level: 1 Living Room Level: 1

Unit 3

# Bedrooms: 3 Bedroom Level: 2 # Full Baths: 1 # Half Baths: 1 Kitchen Level: 1 Living Room Level: 1

Unit 4

# Bedrooms - Unit 4: 2 # Full Baths - Unit 4: 1

Unit 5

# Bedrooms: 5 # Full Baths: 3 Kitchen Level: 1 Living Room Level: 1

Property Features

Basement: Full Cooling: Central Air; Other Heating: Zoned Water Heater: Other - See Remarks Siding: Stucco - Cement Roof: Other Garage: Oversized Pool: Common; In Ground Zoning: Agricultural; Residential Assessment Status: Assessed Showing: Call Agent

Supplements

one of America's first women landscape architects, the estate was built for the Straus family of Macy's, whose name carries rare Titanic provenance. Offered for the first time since 1949, Tower Hill Farm is one of NJ's last authentic links to the Gilded Age.
Listing Office: Heritage House Sotheby's International Realty
Listing Agent: Kelly Zaccaro
Last Updated: June - 03 - 2026
40 Independence Road, Red Bank, NJ 07701- MLS# 22607710
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth Ocean Regional REALTORS®, and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.