The sun. [volume] (New York [N.Y.]) 1833-1916, 1892-04-24
HI0H.PRYCED FOREST LAND.
New Jerseynen's Eyea Opened by the vaiWo
Set on n Projected s.enside Resort.

| New Jerseynen's Eyea Opened by the ya,ws
Set on n Projected s.enside Resort.
Tho refusal Of the Federal Government 10
longer permit tho New Jersey Southern Rail.
road Company to run its trains on the Gov
eminent property Oh Sandy Hook has led to
the publication OF interesting news concern
Ing new scheme that Is under way for the es-
Establishment OF another Atnntlc coast resort.
which Is to lie something like Tuxedo Park +"
This property is what has long been known as
Eavesink Park. although the country people
in the neighborhood have persisted IN calling
1t Hilton Park. because ex-,Iudgs Hilton was
| originally the owner OF the larger part OF II.
After great deal OF deliberation the rail-
road. which wishes TO run its cars so as to
have them met by the bons that are run from
Pier =. North River. decided to make a boat
landing at the Atlantic Highlands ON tho bay
shore opposite Sandy HOOK This nece Stated
the building Of n bridge across the Shrewsbury
River near its mouth from the Hook below
Cal Earle's Hotel at Normandie-by- the. sea
over to the old Highlands on the mainland. The
new road is to run around the curving shore
at the foot of Mount Mitchell to the Atlantic
highlands. Mount Mitchell. near which are
n, famous Highland lighthouses. is tho
eors LEM on Maine TAI ana s st Of tns
top of this elevation is the projected, resort
called NayesInk Park Close W are ,he MS;
Of the Dutch merchants Of New Amste yoians
lis nop eTfs9 @ser hs fhs snss
horne plantation which Cooper refers to is
sS asw st II Hs 1 pnd as %bse
Tes he slsata r psrt Mt Is o and
that their projected fashionable resort viii be
Injured by the building and running Of a rail-
where the future residents OF. the. park would
naturally establish their yacht club houses.
ing place. Condemnation proceedings have.
therefore. been instituted. and at recent
ut The park madS
try towns around NY FORK where city yG people sSI
called Outsiders are assessed nDon sae vals"-
ton nearer to tho real worth Of the properly
Ezra a tSs
property Is worth almost three-quRrters OF a
m h. S1 hays been speakpe
startled the Monmouth county taxpayers. who
find that 1t has been assessed at only $50. 600.
county families. but he doubtless sees that he
ae oa ol L msy 5o ni to Ss
what tho property, should be taxed: Osborn at
and SO no set the value Of the land to DO taken
by the road at $1,000 an acre and the whole
injury at 3l.7OO John c. Payne. engineer
for the Riparian commissioners. said that the
New Workers paid rs cents running foot for
me water SEX fr2nt; that it WAS now worth IS q
The testimony Of Superintendent Osborn
revealed he fact that tho tract OF 200 acres
was bought in 1880 for Sl25.OOO. or $3.50 an
acre. 1t was bought to be used as the site OF
summer homes for the III embers Of the nsso-
citation. 1t has boon mapped out in plots.
roads have been built, the underground has
been cut down and cleared of. and In one way
or another about SIS. 900 has been spent upon
No II What has been plotted he valued at. $3.50
worth s265. 900; ~ The land stands the com
hearing before tho Commission Appointed to
appraise tho property. but nothing OF such
general interest was ELECTED. 1t Is Understood
that tho Nuvesipk Park Company is q stock
corporation. and includes o score or moro OF
New York bank Pres dents, lawyers. and rail-
road operators. md a lesser number OF
from both places. have long been sum:
mer residents at Seabright. Rumsom Mock,
and other coust resorts north Of Long Branch
The estimate upon the value Of the property
that these Stockholders would set would be
greatly lower thnn Mr.. Osborn's. but whom the
property is embellished with q number OF
handsome cottages. and the New Workers be-
gin to tempt other rich men to locate on this
airy perch. which commands Q view Of river.
tho mark. There is no impatienoe to market
the, property. 1t has stood idle twelve years,
and no date Is set for throwing it OPEN