Politics & Government
Historic Fort Monmouth Property Sale Pending
A request for offers to purchase the property was issued in January.
By Christopher Sheldon
The sale of the officer housing buildings in Fort Monmouth is still pending.
A request for offers to purchase (RFOTP) was issued for the property on Jan. 16 and proposals were due by April 1.
David Nuse, director of real estate for the Fort Monmouth Economic Revitalization Authority (FMERA) said two proposals were received for the property and that FMERA staff "has begun to evaluate proposals in accordance to the authority's sale's rules."
The Officer Housing homes feature brick facades with patina and white trim and wrap the circle drive at the fort's main gate in Oceanport, with views of the enormous green lawn, flag pole and the former garrison building, Russel Hall.
The sale of the officer housing buildings in Fort Monmouth is still pending.
A request for offers to purchase (RFOTP) was issued for the property on Jan. 16 and proposals were due by April 1.
David Nuse, director of real estate for the Fort Monmouth Economic Revitalization Authority (FMERA) said two proposals were received for the property and that FMERA staff "has begun to evaluate proposals in accordance to the authority's sale's rules."
The Officer Housing homes feature brick facades with patina and white trim and wrap the circle drive at the fort's main gate in Oceanport, with views of the enormous green lawn, flag pole and the former garrison building, Russel Hall.
The RFOTP is for two parcels of land. A 10-acre parcel includes one single-family home, 24 duplexes and associated garages. A 26.5-acre parcel includes nine quadplexes, 13 duplexes and six single-family residences, with their associated garage spaces.
According to the RFOTP, the housing can accommodate 117 units, with 36 medium-density and 81 low-density units. Twenty percent of the units will be affordable housing.
A developer for the property is likely to be selected before the end of the year.
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