40 Independence Road, Red Bank NJ 07701
Photos
1 / 55128 days on market · Listed March 24, 2026
About 40 Independence Road
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.
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Zoned
Cooling
- Central Air, Other
Features
- Basement: Full
Property
Parking
- Parking features: Oversized
- Garage spaces: 13
- Has garage: Yes
- Attached garage: No
Features
- Pool: Common, In Ground
Lot
- Size: 891,673.2 sqft (20.47 acres)
Details
- Parcel number: 32-00882-0000-00008
Construction
Type & style
- Home type: Multi-Family
- Property subtype: Multiple Buildings
Materials
- Stucco
Condition
- Year built: 1932
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Location
- Region: Red Bank
Financial & listing details
- Annual tax amount: $64,939
- Date on market: 3/24/2026
- MLS#: 22607710
Why you'll love 40 Independence Road in Locust, Red Bank, NJ
40 Independence Road is a multi-family home for sale in Locust, Red Bank, NJ. It was built in 1932. It is offered at $10,000,000, MLS# 22607710.
Inside, 40 Independence Road features a full basement, zoned heat and central Air and Other cooling. Outdoors, you'll find common and In Ground. For parking, the property offers a 13-car garage and oversized. It sits on a lot of roughly 891,673 square feet (about 20.47 acres).
Locust offers convenient access to shopping, schools, parks, dining, and everyday essentials. Annual property taxes are approximately $64,939. To tour 40 Independence Road in Locust, contact Neuhaus Realty — a family-run agency since 1969, now serving Monmouth & Ocean from our Red Bank office — to schedule a private showing.
Location
MLS# 22607710. Listing courtesy of Heritage House Sotheby's International Realty. Listing information is provided by the Monmouth Ocean Regional MLS. Listing data is deemed reliable but is not guaranteed accurate by the MLS.
