The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1868-10-22
REAL ESTATE MATTERS.

hEAL ESTATE MAVIERS.
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City and Suburban Property-A Glance n,
the Future Of Long Island-Another Con
trast.
Notwithstanding the severe rain storm Of yester
day real estate preserved Its frmness In the market
Transactions were considerable embracing some
more choice city property offered by A.. Blocker
Son Co., and over 100 lots in the village Of New.
town, Long Island, offered by Johnson b Miller
Messrs. Bleeckers' catalogue was as folows-Six
lots OF ground south side Of Thirty street
between Second and First avenues, 125 feet west o.
First avenue each lot % feet by half the block. on
the premises are a two story brick building, so feel
by 25 and long wooden building adjoining in the
rear, large one story frame building and brick
chimney 6ofeet high. The premises have been used
hood il we built Sp Five one nI story ame
stores and lots on the east side OF Third
avenue. commencing at the southeast corner OF
Seventy-eighth street, each 2o5 ls5x70. Two lots
the east side, Immediately In therear OF the avenue
LOT, each L. 6xl02.2 90 per cent on mortgage. Two
new four story, basement and cellar high stOop
brown stone houses and lots on the south side OF
Seventy-ninth street, commencing thirty-nine feet
east Of Madison avenue, in perfect order containing
all the modern improvements, and have never been
occupied; possession Immediately. These houses
are first class and were built by days work. In the
entrances to Central Park, s 100 feet wide, opened
regulated, graded, curbed, guttered tagged, sew
cred and paved with Belgian pavement; seventy per
cent can remain on mortgage A two story and
attic frame cottage and three lots on the south
side OF Ninety-nrst street, 1870 feet west OF
Fourth avenue. The house contains twelve
rooms gas Croton, and wasntubs, in perfect order;
line fruit ana shade trees, grapes; possession
Four lots On the north side Of osn Sf srse
l35 feet west OF Second avenue, each 2Oxl00.sh
Ninety.thrd street Is opened and severed; on the
property Is fne new building. 40x1O0, suitable for
manufacturing purposes $4,000 remain for eight
years. three story high stoop basement and cellar
commencing 1850 feet east Of Fourth avenue entirely
new and containing all the modern improvements.
three story high stoop basement and cellar Phlla
122d street. commencing IT'S feet east Of Second
avenue House Il new and contains all the modern
improvements. Three lots on the south side OF
Forty-second street, commencing $50 feet east Of
Third avenue, each 25x1O0.6.
The attendance at this sale was excellent and all
Of the above property eagerly taken, bidding be-
ing both brisk and spirited. Prices are given be-
The Newtown lots offered by Johnson Miller
proved quite attraction and obtained prices fully
up to the mark OF other suburban property. New
town, one OF the pretties and most healthy subur-
ban villages in the vicinity OF Brooklyn is situated
on the line OF the Flushing Railroad. The lots are
on high ground, with good grades, only three
minutes walk from the depot and i've minutes
walk from churches and schools, Of which there are
several Good improvements, consisting Of elegant
residences and substantial cottages, have been re-
Gently erected In close proximity to this desirable
property The streets are opened and the lots ready
for immediate Improvement. ON one Of the lots is n
dry cellar; DIMENSIONS 33x20 feet. On another there
IL good barn, both OF which were sold with the
lots. The population OF Newtown Is about 5000,
with rapid yearly increase. Numerous trains run
daily. Time from New York, twenty-five minutes.
At Cherry Ill., near Hackensack, New Jersey,
Messrs. A. ID. Meick, Jr.. X BrOther-by Lewis r..
Wood, auctioneer--continued u sale OF villa plots.
The disagreeable character OF the day operated very
much against them but nevertheless excellent
prices were obtained and q large number OF lots
sold. About two hundred people were present at
4 an asf bn ny Off
ferry, macadamized pike most OF the distance and
within half mile OF Hackensack and four miles OF
EnRlewood. The present communication IL by the
Hackensack Railroad. six trains each way daily,
running In forty five minutes TO a station within 800
feet OF the property. The company Ia now engaged
In extending tins road TO New Bridge, and II Is ex
pected that trains will be running. within two
months to a station within Eve hundred feet OF the
Cherry Hill property. There is also prospect OF
railroad TO be built from Rdgeneld station on the
Northern Road, TO Cherry Hill and New Bridge a
charter having been obtained and the grade estab.
lished. The property. OF which portion was sold
yesterday consists OF about 400 acres, situated
an elevated plain, overlooking the surrounding
country. II has been laid out in squares OF three
acres, each square having on every side wide
street and avenue. The streets aud avenues art
handsomely graded. with the sidewalks made and
the cutters established. number Of handsome
residences have been erected hero al cost OF from
5000 to $4,000, and are owned and occupied by
gentlemen doing business in the city of New York.
There IL q constantly increasing disposition on the
part Of business men In New York TO pleasant
homes in the country within convenient distance O
the city. The Tapdty, ease and comfort with which
1t IL possible to reach points along lines OF railroads
ten, fifteen even twenty miles from centres Of city
business. furnish strong temptations TO men OF suf
dcient means, and IA these facilities for travel ara
daily increasing the probabilities that within the
next i've or ten years the prices Of real estate
along the lines OF the principal railroads
leading from the city will be more thar
doubled. New jersey II at present Teceivins
most OF the benefit which suburban real estate de
riyes from this movement, but should any OF tn,
lines OF railway on Long Island be brought into
closer communication with the lower part Of the city
aud improved ferry accommodations be furnished
there IL no doubt that great diversion would b,
the progress and Completion OF tire Hell Gate i'm
provement and the consequent change In the bust
ness OF New York city. Long Island property viii
rapidly appreciate. To-day an opportunity viii b,
Afforded for contrasting the relative value OF New
Jersey and Brooklyn property In the two continued
safes that are TO be held oil the Kngsland manor ant
Flatbush lots.
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