CLOSINGS UNDERWAY AT EAST GATE IN HISTORIC FT. MONMOUTH WITH FIRST RESIDENTS TO ARRIVE AT UPSCALE NEIGHBORHOOD

East Gate Exterior Day

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.

East Gate Duplex

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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