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Equestrian Estate with Paddocks

40 Independence Road, Red Bank, NJ 07701

For Sale
$10,000,000

Land/Lots, Red Bank, NJ

Property SizeContact for details
Lot Size20.47 Acres
Days on Market237

Property Features for 40 Independence Road

General Information

Property type Land
Property subtype Other
Zoning description Single Family, Agricultural
Lot features Cul-De-Sac
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

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: Nov 13 Last Checked: Nov 13 at 11:06PM
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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This equestrian property includes five residences, a small barn, and paddocks. A cottage is situated on one of the smaller lots, and Chapel Hill Road access is noted for the parcels. The grounds also include meadows, tree lines, courtyards, and interconnected drives.

Architect Alfred Hopkins designed the property, with landscape design by Martha Brookes Hutcheson. Its buildings feature Gothic arches, tile roofs, carved oak doors, and a clock tower; stone fountains and hitching posts are also present.

Key Highlights

  • Five residences across the property
  • Small barn with paddocks
  • Cottage on one of the smaller lots

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Horse & equestrian property - Five residences, a small barn, and paddocks form a multi-building property with horse-oriented features.
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: Five residences across the property; Small barn with paddocks; Cottage on one of the smaller lots
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