The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-06-22
REAL ESTATE RAMDLIyGS.
City Realty Dull---Suburban Property
Immensely Active.
Sales Which Have Recently Come Or and Are
NEUTRALITY-SUSPICIOUS. on Tour of In
spection on Its Line-"Larchmont
Manor" and It's Seaside Villas.

Transactions in city real estate during the past
week have been rather tame. ana no more so than
might be expected at this season OF the year. when
the thermometer ranges in the nineties. Here and
there a sale is made Of house and lot or few
improved plots, either for investment specula-
ton; but such cases now are only sporadic, and
are not likely to become epidemic until the cool
weather sets in. On the other hand, and as a set
Off to the prevailing stagnancy in city property,
suburban sales have been very active and, in most
cases, extremely remunerative.
On Monday the
''CoUNTRYr BUSINESS
led of with grand sale at Wooodawn Heights
Westchester county, situated the junction OF
the New York. New Haven and Hartford and Har-
lem railroads. the offer being 500 lots, OF portion
of the property owned by ex-Mayor George Opdyke
and Mr. E. X. Willard. Jere. johnson, Jr., presided
at this sale, and If the shades OF night had not
overtaken him the entire number would have been
sold. AS it was, only 400 lots disposed Of at
an average price OF about $3.50 per lot The
lesson taught by this, the initial sale in the
prospective Twenty fourth ward OF New York,
is portrayal Of the enhancement in
values in the newly acquired district to this city by
the Annexation act which next November win
surely become fixed fact. In the immediate
vicinity Of the property sold fifty families about
commencing the erection OF fifty cottages for habi-
taton, and the natural beauties of the surrounding
country fully warrant the anticipated enhancement
OF values to the fullest extent.
Numerous other heavy and attractive sales were
effected on Long Island, among which were the
OF Mr.. George W. Van Sclen, and various other
parcels in different localities OF New Jersey. The
outlook for the present week in this line Is even
more encouraging. Tomorrow we are to have an
extensive sale OF realty on staten Island.
The late successful sale OF Samuel Barton's prop
erty at auction on staten Island has inspired
owners In that beautiful suburb with renewed con-
dence III the attractions OF vicinity so near, and
yet OF late years lar from New York, and on
Monday, June 81 Jere. Johnson Will offer 800 lots
on the Heights OF New Brighton. on the north shore
OF the island The property Is situated In the midst
OF the costly and magnificent improvements Of that
favored precinct on Lafayette and Brighton ave-
nues, within a few minutes walk OF either the
sites to be offered the famous Homer Springs, the
outlet to Silver Lake, rise on the lots, an0rding
abundant water for 500 families or for brewery,
chemical or other manufacturing purposes. The
property belongs to Mr.. Tracy Arnold.
On the 18th instant sale was held at Marion,
N. j., OF property belonging to the Marion Build
ing Company, in partition, at which eighty -eghC
lots were disposed OF at an average price OF 1902
had to be stopped, and the engagements OF the
auctiOneer prevented the continuation at subse-
qnent period. From our advertising columns 1t
will be noticed that next Wednesday, the 25th inst
the balance OF this property consisting OF about
seven hundred and fifty lots, including valuable
cosey cottages and the well-appointed and fully
furnished ST. James Hotel, Will again be offered by
MeSSrS Jcre. Johnson, Jr., anu James w. GlDSOn Oh
the premises and Judging rom past events. the
very best results may be anticipated.
The impetus given to
REAL ESTATE OPERATIONS IN JERSEY CITY AND
HUDSON COUNTY
generally by the location OF the new boulevard
is Attracting widespread attention. IL is the
first substantial guarantee that Jersey Is NOV
ing to regain her place among the States OF
th ss I r Or as an oepn aa N se
Jersey VIII be one OF the nations OF the EARTH"
drive over the new route Is one OF the most de-
ltsyttt fl nff rin A nf NAtu nd or
spectators drove along the entire route from Ber
gen Point TO the Bulls Ferry road last Wednesday,
ton. The views which the elevated portion COM
mands OF New York city and harbor on the one
THE VALLEY OF THE HAcKENsAcK
on the other are Incompatible From West Hobo
KEN the highest tract OF land in the county, to the
Bergen line, nature has been most lavish in her
endowments AS a matter OF course there are
many grumblers as II was found Impossible 80 to
locate the new avenue that it would pass In front
OF eyerybodys lots but there Is settled determi-
nation among the property owners ut large That
the boulevard must and shall be constructed.
"How ruthlessly civilization sweeps away all
obstacles in her onward march," observed one
gentleman as he cast look OF regret at
THE OLD DE NOTE HOMESTEAD.
venerable landmark, the erection OF which was
c0eval with the planting OF old Hackensack by the
old homestead, surrounded by large and beauti-
fully located property, stands on the line OF the
boulevard, and must, therefore, give way. One
hundred and thirty lots belonging to this property
are now In the market. The western boundary Is
the Northern Railroad, which, with its Tyler Park
station, Is within twenty minutes ride from New
York.
Adjoining on the east Is the Passionist Monas-
terry, most extensive and imposing edfce of
heavy stone. ana the spacious dome OF which Is
visible rom every part OF Manhattan Island. Fur
ther or the traveller glldes through the Weaver
town district, which seems 10 be the "Edenn OF
the tribe 81 norsts. Among the lucky ones who Will
he benefited ny the boulevard ~ General Shaer
who has purchased great deal OF property In the
Bulls Ferry district during the past i've years, and
his pro- erty Is within the limits OF Bergen coun-
ty and contiguous TO the dividing line between the
mourning the burden OF assessment. But Just here
IL must be remarked that the boulevard VIII not
stop at the end OF the sixteenth mile the northern