Netflix Fort Monmouth Fall 2025 Update: Construction Timeline, $47M Deal & Real Estate Impact скачать в хорошем качестве

Netflix Fort Monmouth Fall 2025 Update: Construction Timeline, $47M Deal & Real Estate Impact

Big things are happening right here in Monmouth County — Netflix is officially coming to the Jersey Shore. The streaming giant is investing nearly $1 billion to turn the former Fort Monmouth Army base into one of the largest production campuses on the East Coast. In this video we break down what’s being built, the timeline, the tax deals, and what this means for the local area — including a massive $47 million payout to the town of Eatontown. You’ll learn: The scale of the project — nearly 290 acres, 12 soundstages, production offices, backlots and more. How the “Payment in Lieu of Taxes” (PILOT) deal works, why Eatontown gets $47 million upfront, and what’s next. The construction timeline — demolition already underway, first studios opening as soon as 2027, full campus by 2028. State incentives and the economic impact — including hundreds of millions in tax credits, thousands of jobs, and billions in economic activity over 20 years. Local reactions and concerns — traffic along Route 35, tax burden shifts, and what it could mean for real estate in towns like Eatontown, Oceanport, Tinton Falls and Long Branch. Real estate implications — if you’re a buyer or seller in Monmouth County, you’ll want to know how this could affect housing demand, competition, home values — and yes, even potential celebrity sightings. ❓ Q&A – asked by you, answered for you Q: When will the Netflix studio open in Monmouth County? A: Construction is expected to start in early 2026, with the first phase (four soundstages) targeted to open in 2027 and full completion of the campus by mid-2028. Q: What towns are impacted by the Netflix Fort Monmouth project? A: The project is located on the former Fort Monmouth base, which spans parts of Eatontown and Oceanport in Monmouth County. Q: How will the $47 million payout to Eatontown work? A: As part of a PILOT program, Netflix will make an upfront $47 million payment to Eatontown instead of paying traditional property taxes on the studio buildings. That money is earmarked for roads, sewers and public-facility improvements. 🤔Moving to Monmouth County NJ? Let's Chat! 📱 Call or Text: 908-907-4049 📨 Email: [email protected] 📅 Google Meet: https://calendly.com/stevenmccutcheon... 0:00 Introduction 0:41 Where is Netflix Building in NJ? 1:35 How is Netflix Paying Taxes to NJ Towns? 2:56 Netflix NJ Construction Timelines 3:45 Why is Netflix Moving to Monmouth County NJ? 4:45 How Will Netflix affect Monmouth County Residents? 5:51 Will Real Estate Prices Continue to Rise? ⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️ Living in New Jersey and Commuting to New York City: Ultimate Guide!    • Living in New Jersey and Commuting to New ...   Top 8 Things to Know Living in Monmouth County NJ    • Top 8 Things to Know Living in Monmouth Co...   ⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️ Thinking of Moving to Monmouth County? Call or Text: 908-907-4049 Email: [email protected] ⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️ ▶Subscribe 👉    / @liveincentralnewjersey   This channel is all about living in Central New Jersey, moving to Central New Jersey, and relocating to Central New Jersey. We also cover living in the Central NJ suburbs, moving to the Central NJ suburbs, and relocating to the Central NJ Suburbs. If you want to know everything about eating, sleeping, working, playing, the good, and the bad of living in Central New Jersey, then subscribe and tap the bell for notifications so you can be the first to know about the current market in Central NJ. We get calls and emails everyday of people just like you, looking for help on making their move to Central New Jersey and we absolutely love it. Whether you are moving in 9 days or 90 days, give us a call, shoot us a text, or send us an email so we can help you make a smooth move to Central NJ Call or Text us: 908-907-4049 Email: [email protected] Steven McCutcheon Central NJ Real Estate Agent 1865382