The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1893-03-07
HODOKEN REAL ESTATE.
Highly Successful Build
ing Ventures Have
Caused Much Heavy
Buying.

For the past six months there mas peeu
more activity in Hoboken real estate
than in any other part of Hudson county.
Spectators have purchased every lnch
of ground possible from the Hoboken
Land and Improvement Company and
are now either trading it or holding back
for spring prices. The property specu-
lated in to the greatest extent lies in and
about Tenth and Fourteenth streets be-
tween Willow and Bloomfield streets
This is away from the business portion
of the city, and it will probably surprise
some real estate men and spectators to
know that as high a price as $500 has
been paid for a single lot.
The boom Hoboken real estate has
taken ia due as much to Jersey City
Spectators as to H~obokenites. County
Clerk Mclaughlin gave the real estate
business in Hoboken a boom last sum-
mer by having an entire block Of Hat
houses erected. He placed them in the
hands Of q reliable agent, and as
a result long before the oullolngs
were completed, every flat was rented.
Mr.. Mclaughlin was SO encouraged over
this venture that he tried his luck at a
few finer grade of houses. His success
encouraged other spectators, and as q
result last fall and all during the winter
mouths, building has been going on con-
tinually. The building being erected are
provements.
Superintendent c. P. Smith is also
speeulating in Hoboken. He has just
erected two 1ve-story fat houses. while
Contractor M. L, Connolly has finished
ana sold during the winter months at
least a dozen fiat houses. The population
of Hoboken is steadily increasing and
Notwithstanding the great building boom
thot is now in progress, real estate deal
ers say they have calls from
New Workers and demands
for houses which it is impossible to I'LL.
Rents in Hoboken compare favorably
with those in New York. while in
Bloomfield street higher rents are paid
thau in almost any part of this city.
Spectators seem to have more confidence
in the advancement of Hoboken realty
than in Jersey City's. The activity 10 not
absolutely confined to one part of the city
particularly as the transfers recorded at
the Registers Office daily. show that
business property, vacant lots, and every
class of property Is on the market.
On Thursday next, at the real estate ex-
change, No. LILO washington street,
seventeen parcels of and with and with
out premises will be sold. The property
is located In all parts of the city, and one
or two magnificent dwellings are to be
knocked down. The sale of so much
property on one day is exciting much
Interest amongst local spectators. and 1t
is highly probable that some OF the
plums will be plucked by Jersey citizens.
Continue street improvements and
moderate taxes are the causes for the
strength and activity of HobGken realty.
Transfers.
Thomas O'Brien and wife to Clarence L
Demarest, for 81, lot Is, Block PAS, fronting on
West Eighteenth street, in Bayonne
Clarence Demarest to Thomas OBrien, above
described property, for 81. :
William G. E. See, Master in Chancery, to
Delos Bliss, lots II, Il, ID and ID, Block Z, for
Delos Bliss and wife to Herman Bruckner,
above described property, for $1,000.
Sarah E. Schuyler TO Trainor Archibald, Tor
$3.50, lot 8, Block 1s41a, southerly side of Willow
street. 225 feet from Avenue D.
Mary G. Crawford ct al. to James Mckinney,
for 81, lot 20, Block l475. on southerly side OF
Bay View avenue. -
property on northerly side of Boyd avenue, 2S1
feet easterly from West Side avenue.
John Peterson to John E. Peterson, for 81,
property on northwesterly side OF Devon street
Eleanor G. Clifford to Laura c. Dickinson for
So. 500. lot s. Block 418, on southeasterly side OF
Park street, S96 feeL1fOm PRESCOTT place.
Henry James to William H. Maxwell for 500,
lots 141 and 142, Block 2, Town of Bergen.
Mortgages.
John Cure and wife to William Burrows. on
land and premises on southerly side of West
Seventh street at Jersey City and Bergen Rail
road, for $500.
Thomas O'Brien to the Greenville Building
and Loan Association, on lot 10, Block S4J, on
Vest Eighteenth street. for 80, 02O.
George how to The New Jersey Title
Guarantee and Trust Company, on lot 50, and 10
feet of lot 10, on northerly side of Beacon ave-
nue., for S2G0.
Hugh Roberts to Adolph Muller, on lots 8 and
4, Block 80, on northerly side OF Savoy street,
for $4,000.
Trainor Archibald ct ux to The Central Build
ing and Loan Association, lot IL, Block 1919 on
southerly side of Willow street 227 feet from
Avenue D for $4,000.
Ellen and William Kelly to the PEOPLES Bull
ing and Loan Association, land and premises on
the westerly side of Second street lis feet nor
therly from William street for $1,000.