40 Independence Road Red Bank, NJ $ 10,000,000
40 Independence Road
$ 10,000,000
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40 Independence Road

Red Bank, NJ, 07701
$ 10,000,000
Bedrooms3 Baths4.0 Sq 15,025

Monthly Estimate*

$ 61,572

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Single Family Home for sale in Red Bank, NJ

for $10,000,000 with 3 bedrooms and 4 full baths. This 15,025 square foot home was built in 1930 on a lot size of 20.14.

Step onto this rare 20-acre estate in Middletown, NJ, and the outside world simply disappears. 5 residences, A clock tower, Gothic arches, ivy-covered stone courtyards, Ludowici tile roofs, hand-carved oak doors & interconnecting pebble drives create the unmistakable feeling of a French chateau, yet at a romantic, human scale. Granite hitching posts, original stone fountains & a small barn with paddocks serve the property's horses, while wisteria & English ivy tumble over every wall. Beyond the courtyards, unbroken meadows & serene tree lines stretch as far as the eye can see. Designed by acclaimed architect Alfred Hopkins, with landscapes by Martha Brookes Hutcheson, one of America's first women landscape architects, the estate was built for Herbert Straus of the Macy's family. With rare Titanic provenance & offered for the first time since 1949, Tower Hill Farm is one of NJ's last authentic links to the Gilded Age

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Single Family Active

Price

$ 10,000,000

Bedrooms

3

Full Bath

4

Property Type

Single Family

Taxes

$ 64,939

Style

Historic,Detached,Mother/Daughter,Carriage House

Lot Size

20.14

Year Built

1930

Town/City

Red Bank

County/Region

Monmouth

MLS | Web ID

22607708

Features
General
Sewer Septic Tank
Heating See Remarks
Cooling Zoned Multi Units
Roof Other Shingle Wood
Garage Spaces 13.0
Architectural Style Historic Detached Mother/Daughter Carriage House
Pool Features Common Fenced In Ground
Construction Materials Stucco
Year Built 1930
Stories Count 2
Property Subtype Single Family Residence
Tax Year 2025
County Monmouth
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name None
Garage Y/N Y
Other Structures Horse Barn Paddocks
Total Rooms 0
Full Baths 4
Status Active
Directions Cooper Rd to Hillandale to Independence or Chapel Hill Rd to Independence
City Red Bank
Senior Community Y/N N
Zoning Description Residential Agricultural
MLS Area Chapel Hill
Lot Size Square Feet 877298.4
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 64939.0
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor Middletown (MID)
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 4023500
Water Body Access Y/N None
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Exterior
Exterior Amenities Tennis Court(s)
Fencing Fence
Parking Features Circular Driveway Common Driveway
Lot Features Wetlands Back to Woods Cul-De-Sac Fenced Area Oversized
Water Source Public
Lot Size Area 20.14
Foundation Details Slab
Spa N
Building Area Total 15025.0
Lot Size Acres 20.14
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Flooring Wood
Total Fireplaces 0
Basement (Y/N) Y
Air Conditioning Y/N Y
Fireplace Y/N Y
Half Baths 0
Total Bedrooms 3
Total Baths 4
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Internal Only
Street Number 1 40
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* Excluded Features
List By
Kelly Zaccaro

Listing Agent

Heritage House Sotheby's International Realty

Broker

kelly@kellyzaccaro.com

Email

Affordability Calculator

$66,983
Per Month
92%
8%
0%
Monthly Principal & Interest
$61,572
Monthly Property Taxes
$5,412
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
742343 Elementary School
742618 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/24/2026$10,000,000 Listed Price

Map


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40 Independence Road, Red Bank, NJ, 07701 is a Single Family Home for sale at $10,000,000 with 15,025 sqft and a lot size of 20.14. 40 Independence Road has 3 bedrooms, 4.0 baths, and was built in 1930. The property's zip code is 07701 which is in Red Bank, NJ