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40 Independence Road
Red Bank NJ 07701 US

$10,000,000

Active Listing ID 22607710
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16 bed
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12.00 Bath (10 Full , 2 Half)
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Lot: 20.47 Acres
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Other

$10,000,000

Active Listing ID 22607710
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40 Independence Road 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, 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.

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Property Features

  • Facts
  • Lot Size: 20.47 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 10
  • 1/2 Bathrooms: 2
  • Cooling System: Central Air
  • Heating Fuels: Zoned
  • Additional Features
  • Basement
  • Fireplace

School Information

  • School
  • Fairview(Elementary)
  • Bayshore(MiddleSchool)
  • Middle North(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 10000000
  • unparsedaddress: 40 Independence Road
  • postalcity: Red Bank
  • stateorprovince: NJ
  • country: US
  • postalcode: 07701
  • bathroomsfull: 10
  • bathroomshalf: 2
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 20.47
  • lotsizeunits: Acres
  • lotsizearea: 20.47
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 40.37939
  • longitude: -74.072558
  • listagentfullname: Kelly Zaccaro
  • listagentemail: kelly@kellyzaccaro.com
  • listagentkey: 3yd-MOMLSNJ-12960
  • listagentmlsid: 12960
  • listagentpreferredphone: 7328428100
  • listagentofficephone: 7328428100
  • listofficekey: 3yd-MOMLSNJ-1508
  • listofficemlsid: 1508
  • disclaimer: Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MOMLSNJ
  • yearbuilt: 1932
  • listingcontractdate: 2026-03-23
  • listagentfax: 7328428393
  • listagenturl: http://www.KellyZaccaro.com
  • countyorparish: Monmouth
  • parcelnumber: 32-00882-0000-00008
  • elementaryschool: Fairview
  • highschool: Middle North
  • cooling: Central Air
  • constructionmaterials: Stucco
  • heating: Zoned
  • numberofunitstotal: 1
  • fireplaceyn: True
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Oversize
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bathroom 12, Bathroom 11, Bedroom 7, Bedroom 6, Bedroom 2, Bathroom 6, Bathroom 10, Bathroom 7, Basement, Bedroom 9, Bedroom 10, Bedroom 1, Bedroom 15, Bathroom 3, Bathroom 2, Bathroom 9, Bedroom 8, Bathroom 1, Bedroom 11, Bedroom 16, Bedroom 5, Bathroom 8, Bedroom 4, Bathroom 4, Bedroom 3, Bathroom 5, Bedroom 14, Bedroom 13, Bedroom 12
  • basement: Full
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -74.072556, 40.37939
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Heritage House Sotheby's International Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"kelly@kellyzaccaro.com", "ListBrokerageCity":"Middletown", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Heritage House Sotheby's International Realty", "ListBrokeragePhone":"(732) 615-9898", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1020 HWY 35", "ListBrokerageWebsiteUrl":"http://www.heritagehousesothebysrealty.com", "ListOfficeAddress1":"1 W River Road ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"1508", "ListOfficeCity":"Rumson", "ListOfficeCountry":"US", "ListOfficeEmail":"patrickhunter2@gmail.com", "ListOfficePostalCode":"07760", "ListOfficeStateOrProvince":"NJ", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Red Bank, NJ", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/40-Independence-Rd_Red-Bank_NJ_07701_M96825-25298?f=listhub&s=MOMLSNJ&m=22607710&c=rexren", "MLSModificationTimestamp":"2026-06-03 19:49:19", "Neighborhoods":[{"Description":null, "Name":"Locust"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":64939, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 6/15/2026 1:42:43 AM GMT
Source Updated Date: 6/30/2026 12:50:44 AM GMT

Courtesy of: Kelly Zaccaro, Heritage House Sotheby's International Realty, kelly@kellyzaccaro.com

Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.