Home Production studio Netflix Considers Ditching NJ Army Base For Potential Production Studio

Netflix Considers Ditching NJ Army Base For Potential Production Studio

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MONMOUTH COUNTY, NJ – In its heyday, Fort Monmouth – a military base that spans three towns in Monmouth County – was a hub of innovation.

This is where the first radio-equipped weather balloon reached the upper atmosphere, introducing a technique still used today. It was also where the United States Army’s first radio detection and ranging system, also known as radar, was developed. But today, nearly a century later, the military base is out of use and largely abandoned. Streaming giant Netflix could change that.

Netflix announced this week that it is bidding for a nearly 300-acre portion of the base, with plans to make it one of the largest film and television production facilities in the country. It’s a plan that already has Governor Phil Murphy’s blessing.

In a statement to PIX11 News, he said the interest is “another sign that businesses around the world are taking notice” of what New Jersey has to offer.

The property – which is located in Oceanport and Eatontown – is reportedly valued by the Fort Monmouth Economic Revitalization Authority for $54 million. It’s unclear how much Netflix offered in its offering.

In a statement, Netflix said it would convert the military base into “a state-of-the-art production facility.” Governor Murphy has long touted benefits for film and television production companies that come to New Jersey, including a physical studio development grant of up to 40%.