The New York herald., 1869-05-24
REAL ESTATE MATTERS.
Rcnl Esfafc Notes.

Real Estate Notes.
The old Webster mansion, on Summer street, Bos-
ton to be torn down, and granite block erected
in its place. statue OF the "Great Expouuder'
will be placed in niche in the front OF the new
building.
A Newark paper says:-"The Great swamp IN
junction case from Morris county, which turned on
the dottmg OF an 4, as to whether the word was
Dennis or Dunn's Mills, has been decided The Chan-
celor has decided that the insistment OF the man.
ayers is right-Jbat the injunction must be dissolved
and the mill property paid for by the land owners
This decision practically insures the drainage and
reclamation Of tract OF TO- 500 acres which is now
hardly inhabited, but which Is capable OF becoming
the richest agricultural district in Morris county;
A body of English workingmen have devised Tor
themselves plan OF emigration. society has been
formed for raising capital OF f2ooOoo py SHARES ol
81 each, payable by weekly instainens, nhe e. niaa a
braska and received the Information they wanted,
as well as the offer Of larae tract oi land az q
this tract and by way of asceraning the whole
truth with regard to It they nave sent out sixteen
pioneers, chosen by ballot Should their report De
favorable, other members will be baoted Tor, until
the land has been properly divided :,
me dted az & .dtVo, ~ S % Troc,sc1 on tat dav.-.It il
known to our readers tina. at Twelve o. CLOCK To-Day
Will be sold NJ auction 900 ieet oi iald on siont
gomery street South. This sale IS In every way an
important one-important, because OF the TACT tlat
the land is on extension OF the cnlel street not
only OF this city but of the Pacific coast-lmpor-
which VIII necessarily change hands but
especially important because oil tne oppport@un'y, ppp @
the first riyen In about fifteen years, winch viii be
afforded 10 our rst class reta storekeepers 10 Sc
cure their own location on Montgomery street Ihat
the opportunity will be readily embraced we DO not
Doubt and that the projectors of the much needed
extension viii realize their highest expectations
from the sale in the price for which the iand VI
sell we fully believe and sincerely hope. The bel
s based on the fact that land on our best streets
sells most readily; indeed there Is geaerhaiS h nan
dozen buyers Tor such property where there Is one
| seller II land in the Dlidue OF Tue DOCK on oiu
Montgomery street sells Tor $500 per 'front.' 1901
the one, with liberal depths, sell Tor nearly as
muchY Those who buy al the sale today wlt & we
| believe in "a very short time make fortunes from
their purchases At chicago land on the best streets
| sells for $4,000 aud over per front looL anu some
| Broadway property the site oi me NEW iokh
HERALD Office for instance) was sold for ~ much az
| 10000 per foot. We think 81, 900 an extreme rate
here bnt land on Montgomery street must soon sell
| for much more. Rents are constantly rising, and
where the OF income Jiishes IL he value VI inu
| keeps constantly Increasing. This has been well
| Illustrated m New York where for tile past ten
years the pest posted real estate operators were
ready each year 70 declare that real estate vaiue'
had reached their maximum: but prices nave ad-
vanced more rapidly than ever, and the limit ap-
pears TO be, and PROBABLY Is, yet Iar distant ha.
has occurred In the Empire City must DE repeated
\ here: and let Is be remembered, we are only be-
ginning feel strengths the Paclne coast Is only
entering It's career Of prosperity IN tue PAIN OF
The following particulars of sale from the same
paper will show now property Is hed IN san ram
| cisco:-"An undivided one-lourth interest ia south
| Beach water lot No. To- $4,000. Lot forming the
| southwest corner OF Johu and Dolores streets
| 2O5x1Ol feet with an j. 52xl2S feet ~ 2OO Lot on
the north side or Greenwich street. distant Ios iee
east from Dupont street, IL feet 21a ncnes mont of
20 feet depth 10 Telegraph place with the improve
| ments thereon sold by order OF trustees ior
s2,6O0 Lot on the north size or Natoma street us
tant IS feet from Fifth street, 5oxoo Ieet VITA
the Improvements thereon, renting Ior 20
month. $4,000. The - vsra lot forming me
southeast corner OF Mason and Chestnut streets
| sold IN ten subdivisions. Lot on the corner OF
Mason and Chestnut streets 20 feet ON the FORMER
and 6s feet the latter D., ,000 ave lois tdJonne
on the east side OF Mason street. each 2zsxoS Ieel,
| running through To Nensrd alley, sold AZ prices
| graduating from 81, 900 down TO 81 100 lot Two
lots the south side OF Chestnut street, each q
feet, and forming the southeast corner oi Chestnu'
street aud Yenard alley, sold together Tor So,1ou
three lots the east side OF Nenard alley 2lXo5 iee
| 5000 lot. Aggregated, the nfy vara brouan'
| siI,300 Lot on the south side OF PARK (or twenty
fourth street. extending nom the southwest corner
| OF Fair Oaks street to the southeast corner o
Dolores having frontage Of 80 feet on ParK anu
100 feet respectively on Fair Oaks and Dol0ro'
streets, soid in ten SUBDIVISIONS OF 2oAlOo Ieel
| fronting on Park street, at prices ranging IRON
1875 to S9lJ Tor inside lots and sl,OO 70 $l3)O Io
the two corners. Fifty lot on the south side o.
Tyler street. distant 1917 feet west nom trankni
street 1877 sxl20 feet TO Locust avenue, slz95Otb'
| terms being one-third cash and balance In one ant
| two years at ten per cent. Lot the north side o
| 1877. feet with the three story house OF nfteer
| rooms and other improvements thereon, slI,oo
| cash. Original lot No. 5. IN block l.02l south sal
Francisco 56xlOO feet, fronting the north side o
| Twelfth avenue. 1850. seven lole IN Gir map No
g. All 50 each The sales for the day foot mp a tota
OF nearly s75, co.,"