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Agricultural Estate Land with Improvements
For Sale
$10,000,000

40 Independence Road, Red Bank, NJ 07701

LAND - Red Bank, NJ

Property SizeContact for details
Lot Size20.47 Acres
Days on Market141

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: Jul 24 Last Checked: Aug 10 at 5:06AM
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 estate property is arranged as one approximately 15-acre parcel and two approximately 2.5-acre lots, with the smaller lots available for separate sale. One of the smaller lots already includes a cottage. The estate includes five residences along with a clock tower, stone courtyards with fountains, and architectural features described as Gothic arches, Ludowici tile roofs, and hand-carved oak doors.

For equestrian use, the property includes granite hitching posts and a small barn with paddocks. Access is described as via Chapel Hill Rd. The offering is located in Monmouth County, New Jersey, at 40 Independence Road, Red Bank, NJ 07701.

Key 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.

Property Analytics

Current Use

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Catering Service Butcher Auto Parts Store Grocery & Convenience Store

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

574
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Horse & equestrian property - 20.47-acre estate with five residences, a cottage on one smaller lot, and equestrian support structures and paddocks.
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.
More about this property
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