The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1868-11-29
Number OF houses erected since Aprll !, $685.

i 1
Stuyvesant avenue. ............ 1000 10 10, 900
DE kalD avenue. .............. 4,O0O 10 ioooo
Pallsade avenue. ............... 1000 TO 10000
Washington avenue. 5000 each.
| Monticello avenue 10 400 eacn.
Vetteriin place ................. 1000 each.
| Academy street lchurch). 5000
| Bergen ayenue.... ............. 10000 each.
| Total. .........................93
| New streets opened In Bergen since April I, 1861:
| Montgomery street, Wayne street. Broadway and
six new streets near Mill creek, ON plank road no. yet
named
lumbia street, Franklin street, Walnut street. Mande
VILE street, Monticello avenue, Clinton place, WASH
ingt0n avenue
In few cities outside Of New York has such very
great change in the value OF real estate taken place
within the last year SO as this city. Within that
period property has steadily increased In value until
now 1t has reached from fifty to hundred per cent
ADVANCE according to location, Oh the figures OF
yea. ago: This fact is chiefly attributable to the
residences within easy access OF business In this lat
ter respect Newark is largely favored Two lines Of
railroad through 1t and another ia rapidly APP
| preaching completeness. These are the New Jersey
| Railroad, the Norris and Essex Railroad and the
| Newark anu New York Railroad. The former has no
less than three depos-One at Market street. at
Centre street and one at Chestnut street. Twenty
eg a sSp poas ans s aba afkes mar fes
number at the others. The Norris and Essex Rail-
road runs about the same number The depot OF the
latter Is located up town. in the northern section OF
the city, ami Ia by means well patronized by
| Newarkers as the New Jersey This is owing, how
LATTER but from the convenience OF tae depOts. Ere
| long the new railroad will be in operation. The
that they win run passengers from Broad street 10
the foot OF Liberty street inside Of twelve minutes
aud a. less than hall the iare charged BY the other
| corporation A curious little inconsistency in the
tariff or the New Jersey Railroad is the fact that
Communication ticket to Elizabeth can be purchased
for tilty-hve dollars, while Newark commuters are
charged sixty dollars The curious portion IS that
Newark Is nearer by four i've mics than Eliza
beth. The Central Railroad has depot ut the lar
Inconsistency. IL taxes only a few minutes more
that the City Han and Its vicinity much sooner
reached than from the SUBURBS OF Brooklyn, York
vile or Harlem. Newark Is infinitely nearer than
Westchester county Having plenty OF good schools
churches, public parks. tine drives and 0 plentiful
supply OF excellent water and gas 1t offers large In
ducemens 10 persons doing business IN the metrOp-
oils, but DESTROYS OF escaping the high rents and
taxes incident TO residence there In the central
part OF the CITY, on the main business thor0nghfare-
Broad street-a piece OF property measuring forty
four feet 'front.' that was bought three years ago for
sl6soo has been sold within the past year for 0o0
| Another lot on the same block that brought only
$1,000 inside OF ten years could not now be purchased
under $4,000 The value Of residences has increased
in like ratio. Nor IL the climax in price yet reached,
for scarcely day passes but the figures OF the pre-
ceding one are placed at higher attitude Respect
able real estate agents state that people continu-
ally dropping In and raising the price OF their houses
offered for sale from 500 to $780, In the down town
portion of the city, too property IL rapidly increa,-
Ing IN value and handsome residences are sprlnging
up Ia all directions. This Is fast becoming the
fashionable quarter Here Is located the Townse.id
| property, covering thirty-six acres. II pur-
chased five years aeo by fifteen capitalists for
$50 0o0 and laid out into streets Each shareholder
| got one lot on the main avenue, which extended
| twenty-four ia the one of these lots the
man avenue has sold within the year FOR %, 400
| these figures il win be seen thas
these spectators have made quite snug little sum
| by then operations. Among the heavy transfers
| mace within few months past probably the most
noticeable one in this vicinity was the purchase Of
the Crane estate, covering an area oil twenty seven
| acres ninety located IN the Eighth ward Tor about
500 100. The purchasers had previously purchased
| eleven acres OF adjoining property. This has been
laid out INTO streets and building sites ana already
there Ia quite little town sps ngtng up on the pro-
perry. Houses that rent Tor pSJ0 year here could
not be got Tor 500 81 900 III New York. There Is
| a popuation rising 10000 persons and this Ia
rapidly being increased by accesson3 irom New
politan suburb-merely this, and nothing more.
Fiity miles away from New York IL would be great
manufacturing city, compared with which 1t In re-
| ality Is very slow town.
Is pleasantly situated in Union county, within forty
ave minutes ride IRON Now York, and has at present
| better travelling facilities than even Newark. IL IS
| the junction OF two railroads, the New Jersey and
the most liberal and consequently the best patronized
| of the two Here, rs elsewhere. hundreds OF New
Workers lind desirable homes and enjoy all the plea
SAINT and healthy concomitant5 of re5idCucc In the
country besides being within easy ride OF tho me-
tropolIs The influx Of resdenters has here too &C.
casioncd o wonderful rise IN the real estate market.
| within year property mas Increased in value from
fifty To hundred per cent on an average throughout
the city. / TIC outskirts OF the city proper winch
| includes Eiz4aethport, land canno; be purchased
slor, vi 500 an acre that year ago brought only
5000. LikaDetnport IS last being built up
aud Is greatly Improving In che character OF It's
Resident population Property here Is a htte more
tnan ort rs yainabIe as i Is in Elizabeth proper.
Real estate on Broad stree, for haii mile running
| from tie railroad depots up TO the Court House.
commands, on an average, $1,000 per foot. This is
| however, the most valuable part OF the business
centre. The principal streets are nicely paved with
| the Belgian pavement. New streets are being
| opened, graded anu severed ami handsome resi-
uences are springin< up with amazing iaptlliy and
| In large numbers on all sides. Elegant stores too
are under way on Broad street and rapidly approach
| iny compleon. Even the republican wigwam IL
| being converted INTO spacious The educa-
tonal and relations integcrt here also largely pro-
weed for Besides contain ~ the Oldest Presbyterian
church In the state, there are number OF handsome
edihces belonging to other denominations, and seve-
| raj now IN course OF construction. Taken as a
| suburban abiding places. Upwards OF sixty trains
run between IT, Doth ways and the metropolis. There
something Ike $500 commuters On tae Two rail-
| roads.
~ another delightful resort New Workers IN quest
| of quiet healthy homes where rens hight and
| taxes accordingly so. u ~ prettty located on the
| line OF the Morris and Essex Rairoad about four
| miles beyond Newark, within forty minutes ride Of
| New York. Although there has been great rise In
the value OF real estate within year SIN the Increase
IL not near as great as IN either Newark or Elizabeth.
| Hence rents and residences can be bought for con.
siderably less money than In either OF the foregoing
st the town Is thriving and being rapidly built up.
rLAisFiHLp
IL lust hours ride from the foot OF Liberty street,
1t IL charmingy located on the line OF the Central
| Railroad, aud has O population OF from 10000 TO
$4,000 inhabitants. This place has experienced some
| wonderful changes IN the matter OF real estate.
| transfers to the amount OF nearly $ib0o,00O have
been cnectd In property during the last year. There
ten trains from New York. and thirteen trains to
that city touch here. In the way OF churches there
| are two Presbyterian, four Baptist, one Dutch Re-
| formed. two Episcopal two Quaker, one Methodist
| and one Cathoic. There are two primary schools
| aud handsome high school, completed within the
| year. At the present writing there are no
| less than 1870 houses In course OF construction.
Ihaza nrp
specially gotten up by and for the use Of New York
efs The place Is not yet Incorporated but appica-
ton looking to that end Will be made to the Ins0ui-
Ing Legislature. There Is some talk OF having the
name changed TO Central City. Following suit with
its ueghboring Jersey abiding places property has
| rapidly increased In value here also. Building lots
ON nicely graded streets are sold at from ten TO
| twenty-five dollars foot: AZ some points as nigii
a. nifty dollars foot IL asked aud freely given. Lots
average here fifty feet roat by 100 feet deep. viva