Somerset Development has closed on its purchase of some 15 acres at Fort Monmouth that is now slated to become a mix of new townhomes and restored apartments.
Netflix has declared its intention to bid on nearly 300 acres of property at Fort Monmouth, where it reportedly wants to build a sprawling production studio after outreach by Gov. Phil Murphy.
The state is seeking a buyer for nearly 300 acres at Fort Monmouth, the site of what it hopes will be a large-scale project to join other redevelopment efforts at the former U.S. Army base.
The operator of a marina and restaurant property at Fort Monmouth has acquired the parcel, following approval by the agency leading the redevelopment of the former U.S. Army post.
Somerset Development has landed a key local approval to redevelop a 15-acre section of Fort Monmouth, with plans calling for a mix of 180 townhomes and apartments.
The first residential development at the repositioned Fort Monmouth property is nearly sold out, according to the team of RPM Development Group and CB New Homes of Madison.
RPM Development has sold 90 percent of the homes at its upscale residential project in Monmouth County, part of the 1,126-acre historic Fort Monmouth property.
An affiliate of Denholtz Properties has closed on 26 acres at Fort Monmouth, where it’s planning nearly 270,000 square feet of high-end commercial, technology and food and beverage space.
RPM Development Group has inked the sale of a historic five-bedroom home in Oceanport, part of a collection of upscale dwellings that it has been marketing at the former Fort Monmouth.
