The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-06-09
JERSEY CITY's PROGRESS.
Activity I'm Real Estate-BouievsrR
speculatOrs-King sisson's Railroad
Recolicctions-Erfe Initiating Tom
Scott-InierestinC Scrap or H,.torv.

st =" Rcui Est0te-B0ulev8r0
| specuiators-King sisson's Railroad
| NecoiicctiOns-Eric Initiating Tom
notwithstanding scrap OF History.
Inc TWO weeks Just ended have been the busiest
| In reai estate operations In Jersey City, Hoboken,
GreehVihe ana Bayonne that have been perhaps
ever known. Property IS changing hands not
merely In lots. but In plots New Workers are the
heaviest bidders and it Is interesting TO observe
the activity OF the metropolitans in tracing
out the line OF the new boulevard.
50 that they may speculate at An
early a day as possible. The map OF the boulevard
will be completed during the ensuing week. ana
the quotations Of gold In Wall street were never
more eagerly sought after and awaited than will
be this map to all whom IL may concern. Az an
instance Of the sudden rise in real estate the
following example VIII suffice A well known New
York firm opened negotiations two years ago Tor
the purchase OF a plot for factory purposes back
OF the monastery at West HoDoken. for
S25,o00 and $1,000 in cash was paid down to
secure the contract. The seller, after waiting =
long time called ON the firm and ascertained that
they had made up their minds to abandon the ne
gotlatons and forfeit the money. Last Monday
they called upon him and offered 1000 Tor the
property. but their OFFER was rejected They haG
learned that the boulevard would pass at no great
distance from the property. With the exception
Of few wealthy SPECTATORS and some New York
rasidenoes ON the Heights s0s the '' pnr
cnasers OF real estate in Jersey City and
fact is becoming more apparent that tie popais-
ton OF New ork comprises almost entirely the
very rich ON the one hand and the very poor on
the other. Thrifty mechanics, Keepers OF small
stores and the clerical employees OF large establish
ments find themselves unable to command the
price OF residences in the Empire City. When they
cross the river they secure homestead for mere
tribe and on easy terms. seven lines OF railroad
run from Jersey City and one from H0bOken. 10
that residents on the extreme westward limits or
the city are within easy reacn OF New York.
Mr.. Charles G. Sisson, the veteran railroad king
OF New Jersey. thus sums up his conclusions to o
HERALD representatives, years ago there
were but two railroads running from Jersey City
one to Paterson, the other to New Brunswick.
HOW many freight cars 90 You suppose came a into
III tell you-thrty. How many come into and rum
out OF the CITY now on our railroads every dayr
oyer oyer four thousand: What What VIII be the number
backward and then look forward. In the matter
OF human slaughter the Northern Railroad Ia
an exception, for not single passenger was ever
killed or fatally injured on It, think the time rs
close at hand when the Erie Company viii have all
their machine shops on the Hackensack meadow,
west OF the tunnel There Is also probability that
the Pullman Palace Car Company will have tract
Tor their shops near the same location Great as
railroad business Is, il may surprise you to hear
that believe II Is only in its infancy. The West
must ponr Its products through Jersey City to
AS Tom Scott has made large purchases In real
estate for the new freight line route through the
purchasing the property along the line ofNnth and
Tenth streets in order to obtain greater facities
Within two or three years the Erie property from
the tunnel to the Hudson will be occupied exciu-
sively by Offices. passenger rooms, freight houses,
depot and terry houses, while all the machine and
repair shops VIII travel mile or two westward.
Now that Jersey City IS attaining such large d.
mansions, IL Is interesting Tor those OF its citizens
who have been residents only for few years To
know that that city. with its neighborlng munich
palites, are condemnation OF no less than fifty
villages, townships and districts which very many
OF the inhabitants VIII recall. Among these were
Paulus HOOK Van Worst township, Lafayette, Conn
munipaw, Pamrepau, Claremont Bergen, Green
vile, West End Sherwood, Paramount. Wood
lawn, Centreville. Centre Hill, Glendale,
West Bergen, Five Corners town OF Hud-
son afterwards Hudson City, Waverly North
WaveTy, Washington Village, LuxOnville,
Wilsonville, West Hoboken, Bonnville. Wea-
vertown, Cox's Corner, Dallyto town, Union Hill.
Weehawken town OF Union, West New York, Gut
tenburg, Bulls Ferry, English Ncighborhood, New
Durham Homestead Secaucus, Clarendon, Chelsea,
Hudson Grove, Elysian Fields, Johnsonvic and
Snake Hill. u is only question OF time-a very
few years-when the entire territory between the
Hudson and the iackensack win be one city. Az
the course OF empire is westward, the Newarkera
will afterwards lie taken In and done for" pro-
vIded they act discreetiy.