Rare 20-Acre Estate in
40 Independence Road, Red Bank, NJ 07701
- Added:
- Mar 23, 2026
- Days on Market:
- 62
- Last Refresh:
- May 23 at 2:06 pm
Property Features for 40 Independence Road
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Active
- APN
- 32-00882-0000-00008
- Lot size
- 20.47 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 64939
Building Details
- Additional Structures
- Guest House
Listing agent Kelly Zaccaro (732) 842-8100
Listing office Heritage House Sotheby's International Realty 1 W River Road, Middletown, NJ (732) 842-8100
Listing date Mar 23, 2026
MLS# 22607709
Listing URL
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.
HighLights
- Rare 20‑acre estate in Middletown, NJ, offering exceptional privacy and seclusion.
- Comprised of a 15‑acre parcel and two additional 2.5‑acre lots, one with a cottage, offering potential for separate sale or development.
- Features 5 residences, a clock tower, Gothic arches, ivy‑covered stone courtyards, Ludowici tile roofs, and hand‑carved oak doors, evoking a French chateau aesthetic.
- Designed by renowned architect Alfred Hopkins and landscape architect Martha Brookes Hutcheson.
- Includes equestrian amenities such as granite hitching posts, a small barn, and paddocks.
- Historic significance as the former estate of the Straus family of Macy's, with Titanic provenance, offered for the first time since 1949.
Overview
This 20-acre estate is located in Middletown, New Jersey. The property consists of a 15-acre parcel and two 2.5-acre lots, one of which is improved with a cottage, with access from Chapel Hill Road. The property includes five residences, a clock tower, Gothic arches, ivy-covered stone courtyards, Ludowici tile roofs, and hand-carved oak doors. Interconnecting pebble drives connect the buildings. The grounds feature granite hitching posts, original stone fountains, and a small barn with paddocks for horses. Wisteria and English ivy cover the walls. Meadows and tree lines enhance the sense of seclusion. Designed by architect Alfred Hopkins, with landscapes by Martha Brookes Hutcheson, the estate includes rare Titanic provenance. The property has been owned by the Straus family of Macy's. Offered for the first time since 1949, Tower Hill Farm is one of New Jersey's last authentic links to the Gilded Age. The 20.47-acre property is located in Red Bank, NJ.
Property Profile
Location Intelligence
Current Use by Public Records
Horse & equestrian properties
Map
- City
- Red Bank
- County
- Monmouth
- State
- New Jersey
- Longitude
- -74.079
- Latitude
- 40.3609
Nearby Similar for Sale
FAQs
What type of property is this?
Horse & equestrian property - A rare 20-acre estate in Middletown, New Jersey.
Where is this horse & equestrian property located?
The property is located at 40 Independence Road Red Bank, NJ.
What is the asking price?
The asking price for this property is $10,000,000.
What are key features of this property?
This property features: Rare 20‑acre estate in Middletown, NJ, offering exceptional privacy and seclusion.; Comprised of a 15‑acre parcel and two additional 2.5‑acre lots, one with a cottage, offering potential for separate sale or development.; Features **5 residences, a clock tower, Gothic arches, ivy‑covered stone courtyards, Ludowici tile roofs, and hand‑carved oak doors**, evoking a French chateau aesthetic.
