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Land for Sale in Red Bank, New Jersey

40 Independence Rd, Red Bank, NJ 07701

$10,000,000
20.5 acres
Active sale
ago
Est $72,824/mo

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.

Location

Street address
40 Independence Rd
Community
Locust
Elevation
168 feet
Coordinates
40.3794, -74.0726

Directions

Cooper Rd to Hillandale to Independence or Chapel Hill Rd to Independence

Property details

Acreage
20.47 acres
MLS #
MOMLS 22607709
Posted

Property taxes

2025
$64,939

Parcels

  • 32-00882-0000-00008

Details and features

Listing

Type
Land

Lot

Features
Cul-De-Sac

Exterior

Structures
Guest House

Nearby schools

NameType
FairviewElementary
BayshoreMiddle
Middle NorthHigh

Listing history

DateEventPriceChangeSource
Mar 25, 2026New listing$10,000,000MOMLS
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This 20.47-acre property is located at 40 Independence Rd in Red Bank, NJ 07701. The property is available for sale for $10,000,000 with a price per acre of $488,520.

Checked 1 hour ago — Updated

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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.

Kelly Zaccaro
Heritage House Sotheby's International Realty
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