For sale
$10,000,000
Est. $61,059/mo
3
bd
4 ba
15,025
sq ft

40 Independence Rd, Red Bank, NJ 07701

map-entry

About this home

Single-familyProperty Type
1930Year Built
20.14 acresLot Size
$666Price/Sq.Ft.
13 car garageParking
Listed by Serving Monmouth County as a trusted advisor since 1999 Zaccaro Heritage House Sotheby's International Realty
Listing updated:
Redfin checked: a minute ago
Source:MOMLS #22607708
182 days on Redfin2,064 views78 favorites

Payment calculator

$61,059 per month

Principal and interest$53,897
Property taxes
HOA dues
Home insurance
Utilities
Down payment
20% ($2,000,000)
Home price
$10,000,000
Loan details
30-yr fixed, 7.13%
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Open houses
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Around this home

Schools

Fairview Elementary School

Public PreK-5 • Assigned • 0.8mi

7/10
Bayshore Middle School

Public 6-8 • Assigned • 2.4mi

7/10
Middletown - North High School

Public 9-12 • Assigned • 2.1mi

5/10
Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Market insights

40 Independence Rd · $10,000,000
DAYS ON MARKET
183 days
The average home goes pending in 21 days.
SALE-TO-LIST
102.5%
Most homes are selling 2% above list price.
LIST PRICE
$10,000,000
Median list price in this area is $790,788. (92% lower than this home)
PRICE DROP
0 price drops
16% of homes in this area have had a price drop in the past month.

Property details

Living

Living

  • Interior features
  • Wood flooring
  • Fireplace
  • Bedrooms
  • 3 bedrooms
  • Bathrooms
  • 4 full bathrooms
  • Flooring
  • Wood
  • Heating & cooling
  • Cooling with multiple units
  • Heating: see remarks

Sale and tax history for 40 Independence Rd

Public record

Beds
5
Baths
2
Stories
Lot width
Lot depth
Lot size
5 Acres
Year renovated
Finished Sq. Ft.
2,726
Unfinished Sq. Ft.
Total Sq. Ft.
2,726
Year built
1930
Style
Ranch
County
Monmouth County
APN
3200882 00008
Parking Spaces
Basement
Accessible
HOA Dues
Garage
Features
Last updated by owner on Sep 16, 2026.

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.31% chance of being in a wildfire in next 30 years

7/10 Heat Factor

7 days above 96° expected this year, 16 days in 30 years

8/10 Wind Factor

80% chance of strong winds in next 30 years

4/10 Air Factor

3 unhealthy days expected this year, 5 days in 30 years

Provided by First Street

Historical weather

Red Bank, NJ • 07701
Average low and high temperatures (°F)
36
24
40
27
56
38
64
46
71
55
82
65
87
70
80
64
76
63
67
51
56
42
42
29
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

Sun exposure

80/ 100

Very good sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.9 hrs
5.6 hrs
JuneDecember
Provided by Shadowmap

Redfin Estimate for 40 Independence Rd

$8,981,773
$1.0M under list price of $10.0M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $760K to $3.3M.

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GreatSchools Ratings provided by GreatSchools.org.