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40 Independence Road Red Bank, NJ 07701

View on Map
For Sale
$10,000,000

MULTI_FAMILY - Red Bank, NJ

Lot size:
20.47 Acres
Added:
Mar 23, 2026
Days on Market:
10
Last Refresh:
Apr 1 at 12:06 pm

Property Features for 40 Independence Road

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
16
Bathrooms
12
Rooms
Bedroom 6, Bedroom 4, Bathroom 2, Bedroom 12, Bathroom 4, Bedroom 14, Bathroom 1, Bathroom 12, Bathroom 3, Bathroom 8, Bathroom 9, Bedroom 8, Bedroom 10, Bedroom 2, Bathroom 6, Bedroom 5, Bathroom 7, Bedroom 11, Bathroom 10, Bedroom 9, Bedroom 3, Bedroom 13, Bathroom 5, Bedroom 15, Bedroom 7, Bedroom 1, Basement, Bathroom 11, Bedroom 16
Parking features
Oversize
Fireplace
1
Basement
Full
Standard status
Active
APN
32-00882-0000-00008
Lot size
20.47 Acres

Taxes and HOA fees

TaxYear
2025
TaxAnnualAmount
64939

Utilities

Sewer type
Septic Tank
Heating system
Zoned
Cooling system
Central Air
Water source
Public

Building Details

Year built
1932
Number of units
1
Building materials
Stucco

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Listing Contact
Kelly Zaccaro

Listing agent Kelly Zaccaro

Listing office Heritage House Sotheby's International Realty 1 W River Road, Middletown, NJ

Listing date Mar 23, 2026

MLS# 22607710

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.


Overview

Rare 20-Acre Middletown Estate

This rare 20-acre estate is located in Middletown, NJ. 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 contribute to the property's aesthetic. Granite hitching posts, original stone fountains, and a small barn with paddocks are present for horses. Wisteria and English ivy cover the walls. The property features meadows and tree lines. Designed by architect Alfred Hopkins, with landscapes by Martha Brookes Hutcheson, the estate was built for Herbert Straus of the Macy's family. The property, known as Tower Hill Farm, has Titanic provenance and is offered for the first time since 1949.
Property Profile Insight Report 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

FAQs

What type of property is this?
Horse & equestrian property - A rare 20-acre estate in Middletown, NJ.
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 with 5 residences, offering privacy and space.; Architecturally significant French chateau‑style estate designed by Alfred Hopkins with landscapes by Martha Brookes Hutcheson.; Rich history and provenance, built for Herbert Straus of the Macy's family with rare Titanic connection, offered for the first time since 1949.
More about this property
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