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Historic Equestrian Estate
For Sale
$10,000,000

40 Independence Road, Red Bank, NJ 07701

Land/Lots, Red Bank, NJ

Property SizeContact for details
Lot Size20.47 Acres
Days on Market182

Property Features for 40 Independence Road

General Information

Property type Land
Property subtype Other
Lot features Cul-De-Sac
Elementary school Fairview
Middle school Bayshore
High school Middle North
Directions Cooper Rd to Hillandale to Independence or Chapel Hill Rd to Independence
Subdivision Chapel Hill
Standard status Active
APN 32-00882-0000-00008
Lot size 20.47 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 64939

Amenities

clock tower
Gothic arches
stone courtyards
Ludowici tile roofs
hand-carved oak doors
pebble drives
granite hitching posts
stone fountains
barn with paddocks

Building Details

Additional Structures Guest House
Listing Agency: Heritage House Sotheby's International Realty
Listed By: Kelly Zaccaro
Added: Mar 23 Changed: Sep 4 Last Checked: Sep 20 at 9:06PM
MLS# 22607709

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.

Investment Insights

Based on property information with market context.

This 20.47-acre equestrian property includes 5 residences, a small barn with paddocks, and multiple interconnected site features. The estate includes Gothic arches, Ludowici tile roofs, hand-carved oak doors, stone courtyards, granite hitching posts, original stone fountains, and pebble drives. A cottage is located on one of the smaller lots, and the property includes meadows and tree lines beyond the developed areas.

Designed by architect Alfred Hopkins with landscape work by Martha Brookes Hutcheson, the estate was built for the Straus family of Macy’s. Chapel Hill Rd provides access to a 15-acre parcel and two 2.5-acre lots, which are identified as separately saleable in the property information.

Key Highlights

  • 20.47‑acre equestrian property with 5 residences
  • Small barn with paddocks and granite hitching posts
  • 15‑acre parcel plus two 2.5‑acre lots with Chapel Hill Rd access

Property Analytics

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Current Use

Horse & equestrian properties

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Big Box & Wholesale Store Auto Parts Store Law Firm Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

41
Businesses Nearby

Demographics for 07701, NJ

24,568
Population
11,082
Households
2.2
Avg Household Size
43
Median Age
53%
College-Educated
93%
High-School Grad
9.2 sq mi
ZIP Area
2,670
Density / Sq Mi
$113,630
Median Household Income
$62,309
Median Earnings
$1,971
Median Rent
$551,500
Median Home Value
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View Realmo Analytics
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Frequently Asked Questions

What type of property is this?
Horse & equestrian property - Chateau-inspired property with residences, horse facilities, paddocks, courtyards, meadows, and tree-lined grounds.
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: 20.47‑acre equestrian property with 5 residences; Small barn with paddocks and granite hitching posts; 15‑acre parcel plus two 2.5‑acre lots with Chapel Hill Rd access
More about this property
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