Monmouth Square Eatontown

Monmouth Square is a transformative redevelopment project in Eatontown, New Jersey, aiming to rejuvenate the longstanding Monmouth Mall into a vibrant mixed-use destination. Led by Kushner Companies, this ambitious $500 million initiative seeks to blend retail, dining, residential, and recreational spaces to create a modern town center.

Project Highlights:

• Retail and Dining: Monmouth Square will feature approximately 990,000 square feet of retail and restaurant space. Notable tenants include a 40,000-square-foot Whole Foods Market, Prince Street Pizza, Cava, Van Leeuwen Ice Cream, Offshore Coffee, and STRONG Pilates. These additions bring the retail component to 75% pre-leased.

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• Residential Living: The development plans to introduce 1,000 luxury apartments, offering a range of one- and two-bedroom units. These residences aim to provide modern living spaces within a dynamic community setting.

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• Community Spaces: Beyond commercial and residential offerings, Monmouth Square is set to include medical offices, an expansive public green, and pedestrian-friendly pathways. The design emphasizes open-air spaces and community engagement, moving away from the traditional enclosed mall concept.

Development Timeline:

• Groundbreaking and Construction: Construction commenced in spring 2024, with significant demolition and site preparation underway. Notably, portions of the former mall, including the JCPenney and Lord & Taylor sections, are being redeveloped to accommodate new residential and commercial spaces.

• Anticipated Openings: While specific dates may vary, many retail and dining establishments are expected to open in phases, with some anticipated to welcome customers by late 2025. The residential units are also projected to be available around the same timeframe.

Location and Accessibility:

Strategically located off Route 35 and less than a mile from Exit 105 of the Garden State Parkway, Monmouth Square offers convenient access for both local residents and visitors from surrounding areas.

Monmouth Square represents a significant evolution in Eatontown’s landscape, aiming to provide a dynamic environment where residents can live, work, and play. As the project progresses, it is poised to become a central hub that enhances the community’s lifestyle and economic vitality.

Monmouth Square Area Questions

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