The Fort Monmouth Economic Revitalization Authority (FMERA) is still looking for buyers for the marina at Fort Monmouth in Oceanport.
Proposals for the property were due to FMERA by Jan. 27.
FMERA could begin negotiations with a developer for the property later this year.
The property was originally leased to Oceanport, but the borough was unsuccessful its attempts to find a concessionaire for the property.
The marina is a 3.9-acre parcel located at Oceanport and Riverside avenues in Oceanport. The property consists of a 71-slip marina and boat launch ramp on Oceanport Creek, a 2,600-square-foot boat house, two administrative buildings and off-street parking.
The reuse plan for the site states that it must maintain its use as a marina but can also include a restaurant.In the past, the marina was only open to Army employees, but once a developer is selected, it will be open to the public.