The Eatontown, N.J., golf course and three associated buildings, including the 37,000-sq. ft. Gibbs Hall, Joe’s Sports Bar, and a maintenance facility, are up for sale, with bids due by February 5, 2016. The golf course comes with a deed restriction that requires it to remain a golf course for a minimum of 20 years after the title transfer.
The Fort Monmouth Economic Revitalization Authority, the state agency in charge of the fort’s redevelopment, has put the Suneagles Golf Course in Eatontown, N.J., and three associated buildings, including historic Gibbs Hall, on the market for $6.3 million, the Neptune Township, N.J.-based Asbury Park Press reported.
The 171-acre parcel is situated on Eatontown’s section of the fort. The fort property is spread across Eatontown, Tinton Falls and Oceanport, the Press reported.
The fort’s reuse plan, established in 2008, calls for the property’s use to continue as a golf course, and the creation of a 150-room hotel and conference center. The golf course comes with a deed restriction on it, requiring it to remain as a golf course for a minimum of 20 years following title transfer, the Press reported.
“This would be ideal if the plan stays in effect,” Mayor Dennis Connelly said. “The conference center would help keep the value of the golf course up.”
FMERA has placed the minimum bid on the property at $6,287,500. Bids are due by February 5, 2016, the Press reported.
The three buildings on the property for sale are Gibbs Hall, Joe’s Sports Bar and a maintenance facility. Gibbs Hall is on the National Registry of Historic Places. It is a 37,000-sq. ft. clubhouse/catering hall that can accommodate 650 people, the Press reported.
The Suneagles golf course was designed by A.W. Tillinghast and opened in 1926. The U.S. Army purchased the course in 1942 and added it to the Fort Monmouth property. Linx Golf Management currently leases and operates the course on a month-to-month basis, the Press reported.