40 Independence Road, Red Bank, NJ 07701

Red Bank
Local realty services provided by:Better Homes and Gardens Real Estate Murphy & Co.
40 Independence Road,Red Bank, NJ 07701
$10,000,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: kelly zaccaro
Office: heritage house sotheby's international realty
MLS#:22607710
Source:NJ_MOMLS

Price summary

  • Price:$10,000,000

About this home

Step onto this rare 20-acre estate in Middletown, NJ, & the outside world simply disappears. Comprised of a 15-acre parcel & two 2.5-acre lots with Chapel Hill Rd access & saleable separately - one of the smaller lots already improved with a cottage. 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 at a 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, meadows & tree lines extend the sense of seclusion. 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 the Straus family of Macy's, whose name carries rare Titanic provenance. Offered for the first time since 1949, Tower Hill...

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Home facts

  • Year built:1932
  • Subdivision & Development:None
  • Listing ID #:22607710
  • Added:198 day(s) ago
  • Updated:October 09, 2026 at 02:26 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Full

Heating and cooling

  • Cooling:Central Air
  • Central air:Yes

Structure and exterior

  • Year built:1932
  • Lot area:20.47 Acres
  • Construction Materials:Stucco

Schools

  • High school:Middle North
  • Middle school:Bayshore
  • Elementary school:Fairview

Utilities

  • Water:Public
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$10,000,000
  • Tax amount:$64,939 (2025)

Features and amenities

  • Pool features:Common, In Ground

Parking

  • Parking description:Oversized
  • Garage:Yes
  • Garage spaces:13
IDX information if provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information provided by Monmouth MLS. Last Updated October 9, 2026

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