In one of New Jersey’s most notable and historic settings, East Gate, the first luxury residential component in the redevelopment of the 1,226-acre former Fort Monmouth Army post, is welcoming its initial homeowners.
Developer RPM Development Group has announced closings are underway at the collection of 68 townhomes, duplexes and single-family residences being created in century-old Officer’s Housing buildings. The noteworthy milestone is the next step in the transition of East Gate into an active and lively neighborhood and brings into focus the overall vision of Fort Monmouth as a vibrant Jersey Shore live/play center with upscale homes and lifestyle amenities and services, including the nearby Marina at Oceanport, parade grounds and open space, as well as an expected bowling alley, microbrewery, walking trails and The Fort Athletic Club which slated to open soon.
“Tremendous velocity from the onset of our sales program has resulted in a near sell-out of our initial release of homes,” says Michael Hong, Assistant Vice President of Development at RPM. “It also means we’ll have a significant wave of homeowners move-in within the first few weeks of closings. The surge in resident activity will provide new visitors an almost immediate look at the unique living environment at East Gate and its energetic neighborhood setting.”
Fewer than ten homes are available in the current inventory at East Gate as buyers rush to join the many now preparing to call the community home. The remaining residences are priced from the high-$400,000s to the mid-$700,000s and provide some of the most desirable floorplans, including the popular three-bedroom duplex homes with 2.5 baths, spacious dining/living room, open concept kitchen, expansive master bedroom suite with lavish master bath and sitting room and bonus den.