FMERA

Netflix Studios Fort Monmouth renderings
Dec 8, 2025

Netflix Studios Fort Monmouth’s $55M land sale finalized

The streaming service giant closed on the 292-acre parcel, advancing its $1 billion New Jersey production hub that promises jobs and major economic growth.

In 2022, Netflix was selected as the winning bidder for Fort Monmouth’s "Mega Parcel." The streaming giant will pay $55 million for the land, along with plans to commit nearly $850 million in capital investments to develop a state-of-the-art production facility on a 292-acre parcel that spans Oceanport and Eatontown. - NETFLIX
May 9, 2024

Netflix designated as Studio Partner, commits to 10 years in NJ

“With Netflix leading the way, the creation of new, world-class studios has solidified New Jersey’s standing as a national leader in film and television production,” said Gov. Phil Murphy. “These substantial investments will create thousands of good-paying jobs, support small businesses and vendors, and stimulate the regional economy.”

The Bowling Center in Eatontown at the former Fort Monmouth. - NJBIZ FILE PHOTO
Oct 31, 2023

Netflix’s Fort Monmouth plans open for public comment

The move signals the next step for the development of the site's 328-acre Mega Parcel, with particular attention toward residential considerations.

Aerial view of Barker Circle at Fort Monmouth.
Mar 18, 2022

With Steadman’s retirement, FMERA names Kopach as successor

According to the Fort Monmouth Economic Revitalization Authority, under Executive Director Bruce Steadman's purview, the estimated build-out value of projects underway, or in some stage of due diligence, adds up to more than $1 billion.