We experimentally demonstrate the creation and characterization of Einstein-Podolsky-Rosen (EPR) correlation between optical beams in a time-gated fashion. The correlated beams are created with two independent continuous-wave optical parametric oscillators and a half beam splitter. We define the temporal modes using a square temporal filter with duration and make time-resolved measurements on the generated state. We observe correlations between the relevant conjugate variables in the temporal mode which correspond to EPR correlation. Our scheme is extendable to continuous-variable quantum teleportation of a non-Gaussian state defined in the time domain such as a superposition of coherent states.