LESS THAN TEN HOMES REMAIN IN FIRST HOUSING PHASE AS BUYERS RESPOND TO EAST GATE IN OCEANPORT, N.J.

East Gate Exterior

A feverish sales pace has left less than ten homes available in the initial housing phase at East Gate, the unique collection of townhomes, duplexes and single-family residences being created in century-old Officer’s Housing buildings on Monmouth County’s historic Fort Monmouth.

Since its much anticipated debut, the highly popular Jersey Shore neighborhood has enjoyed immediate success with buyers embracing the chance to live in a one-of-a-kind luxury home and a storied and notable residential location.  The strong activity recorded from the onset of the sales program has positioned East Gate to fast become an active and lively community when initial closings begin next month.

“We’ve experienced record-breaking sales velocity since the date we opened the doors to East Gate, and with several significant milestones on the immediate horizon, we expect interest to rise even further during the traditional strong fall selling season,” says Michael Hong, Assistant Vice President of Development at RPM Development Group, the community’s developer.

“Most noteworthy is the impending arrival of our first residents, which will begin the transition of East Gate into an established community and put its energetic lifestyle on display.  We’re confident once visitors see East Gate in full swing, they’ll be spurred to act quickly.”

East Gate is the first residential component brought to market in the repositioning of the 1,126-acre former Fort Monmouth U.S. Army post.    The community has been quick to differentiate itself thanks to eye-catching architecture and distinctive homes that offer an attractive alternative to the area’s conventional housing stock.  To create a nostalgic, yet modern living experience at the community, RPM Development has masterfully blended the original building exteriors which date back to the early 20th century with contemporary interiors boasting expansive living spaces and designer finishes and appointments. Continue reading

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