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$10,000,000

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20.47 Acres Lot

Active

40 Independence Road Red Bank, NJ 07701

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Youssef Genid

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Key Details

Property Type Multi-Family

Sub Type Multiple Buildings

Listing Status Active

Purchase Type For Sale

Municipality Middletown (MID)

MLS Listing ID 22607710

Year Built 1932

Annual Tax Amount $64,939

Tax Year 2025

Lot Size 20.470 Acres

Acres 20.47

Property Sub-Type Multiple Buildings

Source MOREMLS (Monmouth Ocean Regional REALTORS®)

Property 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.

Location

State NJ

County Monmouth

Area Locust

Building/Complex Name None

Direction Cooper Rd to Hillandale to Independence or Chapel Hill Rd to Independence

Rooms

Basement Full

Interior

Heating Zoned

Cooling Central Air, Other

Exterior

Parking Features Oversized

Garage Spaces 13.0

Pool Common, In Ground

Roof Type Other

Garage No

Private Pool Yes

Building

Sewer Septic Tank

Water Public

Schools

Elementary Schools Fairview

Middle Schools Bayshore

High Schools Middle North

Others

Senior Community No

Tax ID 32-00882-0000-00008

Listed by Heritage House Sotheby's International Realty

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Youssef Genid

Broker | License ID: 9701533

+1(973) 772-0660

40 Independence Road Red Bank, NJ 07701

Youssef Genid

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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40 Independence Road