40 Independence Road Overview
- Time on Site:
- 97 days
- Visits:
- 65
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 Facts & Features
- Type Single Family
- Sq. ft. 15,025
- Price/Sq.ft. $666
- Lot 20.14 Acres
Details
General
Association/HOA
- Association: No
Building Information
- Year Built: 1930
Location/Region
- County Or Parish: Monmouth
- MLS Area Major: Chapel Hill
- MLS Area Minor: Middletown (MID)
- Subdivision Name: None
Tax Information
- Tax Annual Amount: $64,939.00
- Tax Assessed Value: $4,023,500.00
- Tax Year: 2025
General Information
- Parcel Number: 32-00882-0000-00008
- Property Sub Type: Single Family Residence
- Property Type: Residential
Interior
Parking Information
- Garage Spaces: 13.0
- Garage: Yes
Beds/Baths
- Bathrooms Full: 4
- Bathrooms Half: 0
- Bathrooms Total: 4
- Bedrooms Total: 3
Building Interior
- Building Area Total: 15025.0
General Information
- Fireplace: Yes
- Fireplaces Total: 0
- Flooring: Wood
- Foundation Details: Slab
- Heating: See Remarks
- Living Area: 15025.0
- Rooms Total: 0
- Stories: 2
Exterior
Parking Information
- Parking Features: Circular Driveway, Common, Driveway
Lot Information
- Lot Features: Wetlands, Back to Woods, Cul-De-Sac, Fenced Area, Oversized
- Lot Size Acres: 20.14
- Lot Size Area: 20.14
- Lot Size Square Feet: 877298.4
- Lot Size Units: Acres
- Water Source: Public
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Architectural Style: Historic, Detached, Mother/Daughter, Carriage House
- Attached Garage: No
- Construction Materials: Stucco
- Roof: Other, Shingle, Wood
General Information
- Exterior Features: Tennis Court(s)
- Fencing: Fence
- Other Structures: Horse Barn,Paddocks
- Pool Features: Common, Fenced, In Ground
- Sewer: Septic Tank
40 Independence Road Neighborhood
Community
07701 (Red Bank) Demographics
40 Independence Road Monthly Cost
40 Independence Road Market Data
Based on the last 30 days in this zip code
40 Independence Road History
| Date | Value | Agent |
|---|---|---|
| 3/24/2026Source: Monmouth Ocean Regional MLS | March 24, 2026 |
|
| 3/24/2026Source: Monmouth Ocean Regional MLS | March 24, 2026 |
|
| 3/24/2026Source: Monmouth Ocean Regional MLS | March 24, 2026 |
|
| 10/5/2023Source: Monmouth Ocean Regional MLS | October 05, 2023 |
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| 10/5/2023Source: Monmouth Ocean Regional MLS | October 05, 2023 |