For Sale
Multi family home for sale at 40 Independence Rd, Red Bank, NJ 07701 | MLS# 22607710 | Listing updated on 2026-07-25
Photo 1 of Multi family home for sale at 40 Independence Rd, Red Bank, NJ 07701 | MLS# 22607710 | Listing updated on 2026-07-25
Photo 2 of Multi family home for sale at 40 Independence Rd, Red Bank, NJ 07701 | MLS# 22607710 | Listing updated on 2026-07-25
Photo 3 of Multi family home for sale at 40 Independence Rd, Red Bank, NJ 07701 | MLS# 22607710 | Listing updated on 2026-07-25
Photo 4 of Multi family home for sale at 40 Independence Rd, Red Bank, NJ 07701 | MLS# 22607710 | Listing updated on 2026-07-25
51+
Beds Icon

Street View

$10,000,000

Monthly Est:$49,774

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon--sqft

40 Independence Rd, Red Bank, NJ 07701

$49,774/moEst:

Get Pre-Approved

  • Multi Family

  • Built in 1932

  • $-- HOA

  • 20.47 acres lot

  • --/sqft

Description

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 Farm is one of NJ's last authentic links to the Gilded Age.

  • Houzeo last checked: 2 hours ago
  • Listing updated: July 25, 2026 at 1:26 am
  • Listing Provided by: Kelly Zaccaro (732) 842-8100 | Heritage House Sotheby's International Realty
  • Source: Monmouth Ocean Regional MLS-NJ | MLS#: 22607710 Monmouth Ocean Regional MLS-NJ

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Monmouth County

  • City

    Red Bank

  • Neighborhood

    --

  • Year Built

    1932

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    20.47 acres lot

  • Basement Area

    - sqft

  • MLS Name

    Monmouth Ocean Regional MLS

  • MLS Number

    22607710

  • MLS Status

    Active

  • Days on Market

    206

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathroom: --

Interior

  • Cooling

    Central Air, Other

  • Heating

    Zoned

  • Sewer

    Septic Tank

Construction

  • Year Built

    Year Built: 1932

  • Home type

    Multi Family

  • Roof

    Other

  • Construction Materials

    Stucco

Utilities & Energy

  • Basement

    Full

  • Parking Features

    Oversized

  • Pool Features

    Common, In Ground

  • Water Source

    Public

Other Features

  • Subdivision Name

    None

Price History

DateEventPrice

03/24/2026

Source: mls_logoMonmouth Ocean Regional MLS-NJ #22607708

Listed for Sale

$10,000,000 +249900.00%

$0/sqft

02/07/2022

Source: mls_logoMonmouth Ocean Regional MLS-NJ #22137030

Price Increased

$4,000 +11.11%

$0/sqft

12/17/2019

Source: mls_logoMonmouth Ocean Regional MLS-NJ #21941985

Price Decreased

$3,600 -95.83%

$0/sqft

12/17/2019

Source: mls_logoMonmouth Ocean Regional MLS-NJ #21941985

Sold

$86,400

$0/sqft

Based on information from the Monmouth Ocean Regional REALTORS® Multiple Listing Service through Oct 16, 2026, 02:45PM. Information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. ©2026 Monmouth Ocean Regional REALTORS®. All Rights Reserved.

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