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Michael Ades

[email protected] +1(732) 245-7060

$ 10,000,000

Est. payment -/mo

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Active

40 Independence Road Red Bank, NJ 07701

20.47 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Residential Land

Listing Status Active

Purchase Type For Sale

Municipality Middletown (MID)

MLS Listing ID 22607709

Annual Tax Amount $64,939

Tax Year 2025

Lot Size 20.470 Acres

Acres 20.47

Property Sub-Type Residential Land

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 Chapel Hill

Building/Complex Name None

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

Exterior

Private Pool No

Building

Lot Description Cul-De-Sac

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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Michael Ades

+1(732) 245-7060

Agent | License ID: 1757492

Agent License ID: 1757492

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