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About This Home
This 16-bedroom, 12-bathroom residential multi family at 40 Independence Road in Red Bank, NJ is listed for $10,000,000. Built in 1932, on a 20.47 acres lot.
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.
Key Features
- Built in 1932
- 20.47 acre lot
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$53,482/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
40 Independence Road
Red Bank, NJ 07701
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 16-bedroom, 12-bathroom residential multi family at 40 Independence Road is listed at $10,000,000. The estimated monthly payment is $43,333 based on 20% down at 6.5% interest.
Key features include: Built in 1932, 20.47 acre lot, Fireplace.
This property is listed by Kelly Zaccaro and can be reached at 7328428100 or kelly@kellyzaccaro.com.


