The demolition occurred at the end of January and the DEP, which acquired the land though Green Acres funding, will now transfer the title to the borough.
Sea Bright will be responsible for maintaing the park with some help from volunteers.
A volunteer group of borough residents will pay the borough back the taxes it would lose by converting the apartment property to a park and also perform some landscaping services. There has been a $75,000 commitment from the private donors to offset the park construction, Mayor Dina Long has said. What's next is coordinating with the donors to set up ongoing funding mechanisms for park construction and maintenance.
Draft designs for park are completed and will include access to the river. It will reportedly be a passive park that will not have amenities such as baseball diamonds or basketball courts.
The borough council also briefly discussed the idea of adding a paid parking lot to the Anchorage Beach lot across the street from the demolition site. The council is looking into the legality of doing so as it did not have a definitive answer as of last week's workshop meeting.