
40 Independence Road, Red Bank, NJ 07701
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1 / 5883 days on market · Listed March 24, 2026
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.
40 Independence Road is a 3-bedroom, 4-bathroom home for sale in Chapel Hill, Red Bank, NJ. It offers approximately 15,025 square feet of living space and was built in 1930. It is offered at $10,000,000, MLS# 22607708.
Inside, 40 Independence Road features 2 stories, a fireplace, see Remarks heat, zoned and Multi Units cooling and wood floors. Outdoors, you'll find common and Fenced, plus tennis Court(s). For parking, the property offers a 13-car garage and circular Driveway and Common. It sits on a lot of roughly 877,298 square feet (about 20.14 acres).
Chapel Hill offers convenient access to shopping, schools, parks, dining, and everyday essentials. Annual property taxes are approximately $64,939. To tour 40 Independence Road in Chapel Hill, contact Neuhaus Realty — a family-run agency since 1969, now serving Monmouth & Ocean from our Red Bank office — to schedule a private showing.
MLS# 22607708. 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.