The facility will also serve as a central point for Netflix's East Coast operations.
In the process of creating the studio, Netflix will pay $55 million for the 292-acre site.
"We're thrilled to continue and expand our significant investment in New Jersey and North America," said Ted Sarandos, the company's co-CEO and chief content officer. "We believe a Netflix studio can boost the local and state economy with thousands of new jobs and billions in economic output, while sparking a vibrant production ecosystem in New Jersey.
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