40 Independence Rd

Red Bank, NJ 07701

$10,000,000
Price
891,673 / 20.47
Lot Size / Acres
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New
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Description

Step onto this rare 20-acre estate in Middletown, NJ, and the outside world simply disappears. 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, yet at a romantic, 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,...Step onto this rare 20-acre estate in Middletown, NJ, and the outside world simply disappears. 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, yet at a romantic, 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, unbroken meadows & serene tree lines stretch as far as the eye can see. 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 Herbert Straus of the Macy's family.
  1. Listed by Kelly Zaccaro • Heritage House Sotheby's International Realty

Property Details for 40 Independence Road

Complex/Subdivision
None
Waterview
No
Directions
Cooper Rd to Hillandale to Independence or Chapel Hill Rd to Independence
LISTING UPDATED: 03/25/2026 01:57 PM

Property Details for 40 Independence Road

StatusActive
MLS #22607709
Days on Market2
Taxes$64,939 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand/Lots / Residential Land
Year Built-
Lot Size20.47 AC
CountyMonmouth County
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Location

Listing Courtesy of Heritage House Sotheby's International Realty
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Building Information for 40 Independence Road

Lot Size20.47 AC

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$53,943 per month

30 year fixed, 6.11% Interest

Principal and Interest

$48,531

Property Taxes

$5,412

HOA Dues

$0

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Property Information for 40 Independence Road

Summary
Location and General Information
  • Area/Section: Locust
  • Postal City: Red Bank
  • State: NJ
  • Municipality: Middletown (MID)
  • Elementary School: Fairview
  • Middle School: Bayshore
  • High School: Middle North
  • Other Elementary: Rumson Country Day
  • Other High: Ranney School
  • Block: 882
  • House Number: 40
  • Street Name: Independence
  • Street Suffix: Road
  • Zip Code: 07701
  • County: Monmouth
Taxes and HOA Information
  • Tax ID#: 32-00882-0000-00008
  • Taxes: $64,939.00
  • Tax Year: 2025
Property
Lot Information
  • Acreage: 20.47
  • Lot: 8
  • Lot Description: Cul-De-Sac
  • For Lease: No
Property and Assessments
  • Assessment - Total: 4023500.0
  • Assessment - Improvements: 2287500.0
  • Assessment Status: Assessed
  • Asmnt - Land: 1736000.0
  • Farm Assessed: Yes
  • Property Sub-Type: Residential Land
  • Property Type: C
  • List Type: Exclusive Right To Sell
Utilities
  • Water/Sewer: Public Water, Septic - Existing
  • Electric: On Site
  • Gas: On Site
Interior and Exterior Features
Exterior Features
  • Waterfront: No
  • Out Buildings: Garage(s), Fencing, Horse Barn, Guest House, Shed(s), Pool House, Residence

Property History for 40 Independence Road

DateEvent & SourcePriceAppreciation
Mar 24, 2026

Listed (Active)

MOMLS #22607710

$10,000,000—
Mar 24, 2026

Listed (Active)

MOMLS #22607709

$10,000,000—
Mar 24, 2026

Listed (Active)

MOMLS #22607708

$10,000,000—
DateEvent & SourcePrice
03/24/2026

Listed (Active)

MOMLS #22607710

$10,000,000
03/24/2026

Listed (Active)

MOMLS #22607709

$10,000,000
03/24/2026

Listed (Active)

MOMLS #22607708

$10,000,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 40 Independence Road

Taxable ValueLand$1,736,000Additions$2,287,500Total$4,023,500
Tax Record2024$49,251 ($4,104 / month)
Home Facts
Beds5Total Finished SqFt2,800 SqFtAbove Grade Finished SqFt2,800 SqFtStories2Lot Size217,800 SqFtStyleMiscellaneous ResidentialYear Built1930ZoningR220CountyMONMOUTHAPN32 00882-0000-00008Fireplace TypeHas Fireplace

Schools near 40 Independence Road

This home is within Middletown Township Public School District.
Rating
School
Type
Grades
Distance
Fairview Elementary School
Public - PK to 5
Bayshore Middle School
Public - 6 to 8
Middletown - North High School
Public - 9 to 12
Rating
School
Distance
Fairview Elementary School
PublicPK to 5

Bayshore Middle School
Public6 to 8

Middletown - North High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 40 Independence Road, Red Bank, NJ 07701

40 Independence Road is a 20.47 ac of land for sale in Red Bank, NJ 07701. This property was listed for sale on March 24, 2026 by Heritage House Sotheby's International Realty, it's currently listed at $10,000,000. This listing's school district is Middletown Township Public School District. Nearby schools include Fairview Elementary School, Bayshore Middle School and Middletown - North High School. 40 Independence Road is a 0-bed, 0-bath, 20.47 ac of land on a 891,673 sq. ft. / 20.47 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Heritage House Sotheby's International Realty

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.