YTR
Your Town Realty
- 0
- 9
- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around





Street View
$10,000,000
Monthly Est:$49,774
-- Bed
- -- Bath
--sqft
40 Independence Rd, Red Bank, NJ 07701
$10,000,000
$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

Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
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

Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Download App
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
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
| Date | Event | Price |
|---|---|---|
03/24/2026 Source: | Listed for Sale | $10,000,000 +249900.00% $0/sqft |
02/07/2022 Source: | Price Increased | $4,000 +11.11% $0/sqft |
12/17/2019 Source: | Price Decreased | $3,600 -95.83% $0/sqft |
12/17/2019 Source: | Sold | $86,400 $0/sqft |
Find Homes by Property Features in Red Bank, NJ
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.
Advertising Broker: Ronnie Glomb, Broker | Your Town Realty