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Eatontown Council Continues to Push For No Rental Properties at Fort Monmouth

Officials fear rental units will be added to Parcel B

With the news that the Fort Monmouth Economic Revitalization Authority (FMERA) is currently in the process of developing requests for proposal (RFPs) for Parcel B of the fort, the Eatontown Council has made it clear that they do not want rental units to be part of the plan.

Parcel B is a 53-acre parcel of land that runs along Route 35 in Eatontown that is the future of home of 150,000 square feet of retail, restaurant, entertainment and 302 mixed-income apartments, according to the Fort Monmouth Reuse and Redevelopment Plan.

The plan states that the apartments will be located above retail spaces and will also be three-story apartment buildings.

Eatontown Council President Anthony Talerico said the Eatontown Fort Monmouth Reuse Ad Hoc Committee requested, in 2008, that the preference is for owner-occupied units for the Eatontown portion of Fort Monmouth.

"The residential units proposed should be changed to owner-occupied units of townhouse or condo type," a committee report states. "Eatontown presently has more apartments than single-family homes. Typically, privately owned homes are better maintained than an apartment complex."

Eatontown Mayor Gerald Tarantolo said the apartments and proposes developments are OK for the parcel, because it is destined to be a town center and commercial district.

FMERA Executive Director Bruce Steadman has said that Eatontown officials have only indicated a preference for owner-occupied housing at

Talerico and other council members argued that the their preference was for no rental units on any property.

The council unanimously agreed, during Wednesday night's council meeting, to have the borough attorney send a letter to Steadman to state their opposition to rental units for Parcel B.

Tarantolo added that he recently with Steadman to get an update on Howard Commons and Parcel B.

"There is a significant amount of interest by developers for Howard Commons and the process for developing the RFPs for Parcel B is in the works," Tarantolo said on Wednesday. "We talked some specific things that Im not at liberty to divulge, but everything looks very positive and we're moving in a direction that I think is the best course for Eatontown."

Bob English February 15, 2013 at 12:59 AM
50% of the dwellings in Eatontown are already rental properties. Monmouth County average is only 25%. Adding additonal rental properties in Eatontown would put even more of the tax burden on homeowners.
dm2beach February 15, 2013 at 06:53 PM
Yes I agree...we have more then our share...we need a town center ...more rentals no way.
Sal April 28, 2013 at 02:21 PM
It is very sad indeed when Big Government competes with Private sector land developers to rent, lease or sell commercial space. There is already far more than an abundance of Vacant Commercial properties in Monmouth County. The people that own the Existing vacant stores, Vacant office space, Vacant commercial office space are already community Tax Payers and they are being unfairly competed against by Big Government. These mayors and town councils involved should try to do a better more efficient cost effective job of running their own towns before the find time to waste on engaging in unfair competition with private sector business property owners.
Sal April 28, 2013 at 02:27 PM
What are these same Mayors and Town Councils involved doing to help Existing vacan commercial property owners find tennants for their vacant stores, vacant office space, vacnt commercial space??? The answer is the political hacks are doing NOTHING to help existing commercial property owners, yet they expect the existing owners of commercail properties to pay property taxes on their existing Vacant properties. More, more , more is all these politicians know and want.

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