EATONTOWN - Fort Monmouth will close for good this afternoon and its mission that began 94 years ago will be transferred to Maryland.

The Army post's flag will be lowered at 4:30 p.m. when "Retreat" is sounded for the last time.

The property will be turned over to a 14-member force that will maintain and secure it while a government commission seeks developers for its 1,100-plus acres.

The Base Realignment and Closure Commission in 2005 decided to close the fort to save money. Closing costs rose from an estimated $782 million to nearly $2 billion by 2008.

Some 5,400 of the fort's 5,570 civilian and military jobs were sent to the Aberdeen Proving Grounds.

AP wire services contributed to this report.

Fort Monmouth scheduled to close this September Closing ceremony held at Fort Monmouth