Posted on: 08-09-18
East Gate has sold 20 of its 68 homes since the collection of townhomes, duplexes and single-family residences made its debut in Monmouth County’s historic Fort Monmouth.
According to RPM Development Group, this represents record residential sales openings in this region in recent memory. The group has introduced luxury offerings in century-old Officer’s Housing buildings on the 1,126-acre former U.S. Army post.
East Gate has been quick to differentiate itself thanks to unique architecture and distinctive homes that offer an alternative to the area’s conventional housing stock. To create a nostalgic, yet modern living experience at the community, RPM Development has blended the original building exteriors which date back to the early 20th century with contemporary interiors including expansive living spaces and designer finishes appointments.
“An exceptionally high level of buyer interest has converted into many sales in a short period of time, validating our long-held belief that Ft. Monmouth would fast become one of Monmouth County’s preferred new residential addresses,” said Michael Hong, Assistant Vice President of Development at RPM.
“The combination of luxury, one-of-a-kind homes, neighborhood soon to be ripe with a wealth of lifestyle amenities, and a storied Jersey Shore location has clearly resonated with a wide range of buyer types - from millennial first-time buyers and those moving up to larger homes to empty-nesters interested in scaling down from no-longer-needed single-family residences.”
East Gate is the first residential component to be introduced in the Ft. Monmouth redevelopment. Residences are priced from the high $400,000s to the mid $700,000s, with initial occupancy scheduled for early fall.
Situated in the Borough of Oceanport, East Gate has been designed to offer a classic residential environment with a twist of historic charm. Homeowners enjoy the added benefit of residing in an established neighborhood where community sidewalks are already completed and mature trees dot the landscape.
Palermo Edwards Architecture has remodeled the buildings’ interiors to create new two- and three-story homes with luxurious kitchens and bathrooms and a high level of style and comfort. Floorplans feature designer elements, including hardwood flooring throughout first floors, modern kitchens with granite or quartz countertops, stainless steel fixtures and appliance packages; and master-bathroom suites with double vanity countertops, Moen Eva faucets and showers with frameless shower doors.
The overall Fort Monmouth redevelopment effort will comprise new housing, office space, retail, entertainment and dining, and recreational and social amenities spread across three municipalities.
“There’s a wealth of leisure-time activities within the grounds of Fort Monmouth, including waterfront dining, nature trails and scenic common outdoor spaces,’ Hong said. “The Fort Athletic Club, a fitness and wellness facility, is expected to open this fall and future site plans call for other new amenities and services such as a bowling center and microbrewery.”
Oceanport combined a suburban environment with award-winning schools. The Borough also provides a commuter-friendly location with easy access.
East Gate itself is situated just minutes from New Jersey beaches and the banks of the Shrewsbury River, and is in proximity to the entertainment, dining and culture of Red Bank and Asbury Park. Commuters benefit from the location being two miles from New Jersey Transit’s Little Silver Train Station, which provides direct service to Manhattan, as well as easy access to major highways including Routes 35, 36, 18 and the Garden State Parkway.
Models merchandised by interior designer Builder’s Design of Gaithersburg, MD, are open to the public at East Gate.