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.

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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?

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