Closing Fort Monmouth

"Losing Fort Monmouth won't be easy on the local real estate market, commercial and residential real estate agents say, but it may not be a crushing blow.

"If there is a negative impact, it is very likely to be short-term and gradual over the five years or so the base will take to close," said Jim Bollerman, owner of Bollerman Real Estate Services, a commercial real estate agency in Red Bank."

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