OCEANPORT: The borough will have a new church after another piece of Fort Monmouth property was sold by the Fort Monmouth Economic Revitalization Authority (FMERA) this week.
FMERA entered into a purchase and sale agreement with Triumphant Life Church Assembly of God for the Main Post Chapel during its Dec. 14 meeting. The parcel includes a 16,732 building which houses a chapel, administrative wing, a classroom wing and a kitchen on Malterer Avenue in the Oceanport Reuse Area of the fort.
FMERA publicly advertised a request for sealed bids (RFB) for the 5-acre parcel in September and received one proposal from Triumphant Life Church, which will pay $1 million for the property. The purchase and sale agreement also calls for the group to construct a 115-space parking lot on the property within 12 months of closing with FMERA.
Triumphant Life is a registered 501c3 non-profit corporation that will use the property as a house of worship and community outreach center. The group is currently located in Asbury Park and will relocate its staff to Oceanport once the renovations of the chapel are complete in 2017.
Triumphant Life will pay for the purchase through a mortgage commitment it has received from Heritage Investment Services Fund and will finance all the necessary improvements to the chapel.