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For sale
  • $10,000,000

    40 Independence Road - 20 acres/3 lots, Red Bank, NJ 07701

    13beds
    --sqft
    : 
    $70,984/mo
    Get pre-qualified
    Single Family Residence
    Built in 1929
    20.14 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Gothic archesInterconnecting pebble drivesSmall barn with paddocksIvy-covered stone courtyardsClock towerFive residencesOriginal stone fountains
    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. Five 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 Farm is one of NJ's last authentic links to the Gilded Age.
    234 days
    49
    8

    Zillow last checked:

    Listing updated:

    Listed by:

    Kelly Zaccaro 732-492-8224,

    Heritage House Sotheby's International Realty

    Source: MoreMLS,MLS#: 22607708MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 13
      • Bathrooms: 11
      • Full bathrooms: 9
      • 1/2 bathrooms: 2
      Heating
      • See Remarks
      Cooling
      • Multi Units, Central Air
      Features
      • Flooring: Wood
      • Doors: Bilco Style Doors
      • Basement: Unfinished

      Property

      Parking
      • Total spaces: 13
      • Parking features: Circular Driveway, Driveway
      • Garage spaces: 13
      • Has uncovered spaces: Yes
      Features
      • Stories: 2
      • Exterior features: Swimming, Tennis Court(s)
      • Pool features: Community, Fenced, In Ground
      • Fencing: Fenced Area
      Lot
      • Size: 20.14 Acres
      • Features: Wetlands, Back to Woods, Cul-De-Sac, Oversized
      Details
      • Parcel number: 3200882000000008
      • Zoning description: Residential, Agricultural

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Mediterranean,Mother/Daughter,Carriage House
      • Property subtype: Single Family Residence
      Materials
      • Stucco
      • Roof: Wood
      Condition
      • Year built: 1929

      Community & HOA

      Community
      • Subdivision: None
      HOA
      • Has HOA: No
      Location
      • Region: Red Bank

      Financial & listing details

      • Date on market: 3/24/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        3/24/2026Listed for sale$10,000,000
        Source: MoreMLS #22607708 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

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        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 07701

        Getting around

        5 / 100
        Car-Dependent
        6 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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