The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1893-01-31
CLIFFORD ESTATE BOOM.
A New Thoroughfare From
Bergen Avenue to the
County Road.

weather that permits of building opera
tions, many rumors Of improve ments and
not little positive information becomes
current among real estate men, builders,
spectators and property owners. This
year is no exception. Many improve
ments are at present under discussion,
which will not only enhance the value OF
property in their immediate vicinities, but
the entire city. Many are of a nature to
encourage the erection of handsome
dwelling houses, and also the erection OF
better equipped apartment houses. IN
many parts of the city, property fitted Tor
residential purposes will undergo a
thorough revolution, and If all signs 40
not fail, lots which have been vacant for
years will be ornamented with private
dwellings before another summer dos
SONS about the city.
The organization OF improvement asso-
Citations in all parts OF the city has caused
property owners to leave no stone un-
turned in their desire TO beneflt and en-
hance their holdings The spring outlook
for real estate men this year is particu-
larly bright, and spectators will have
ample opportunity to invest their money
in salabIe real estate.
CLIFFORD ESTATE LOTS.
Perhaps no news Will be more welcome
to real estate men and spectators than
the announcement that the famous ana
yalua BILE Clifford estate is to be cut up into
building lots and offered at private sale.
Beyond dispute, the property en-
braced in and surrounding the Clifford
homestead may be classed as among the
most desirable property in all Jersey City
for private dwelling purposes. Inc
Clifford homestead as it stood originally
comprised two full city blocks. Facing
on Bergen avenue, it extended back TO
West Side avenue, lying between Bentley
and Belmont avenues. The reason Tor
the present sale of this choice tract ls
that the new County Road cuts directly
through the estate between Bergen and
West Side avenues.
Some previous lnroads have been made
into the two blocks held originally by the
Giffords. A number of lots extending
from West Side avenue along Bentley
have been sold to the estate of Christina
Van Wagon. A few lots are also held by
the Kierstead estate on Bentley avenue
and Bergen. The remainder, however, is
held by the Clifford estate. the heirs to
which intend. before disposing of much
Of the property, to open a street TO Ds
known as Clifford place.
THE NEW PLACE.
From the Bergen avenue line to the
line of the new County Road the distance
is IT'S feet. The Clifford heirs will open
Clifford place throughout this length,
making it street sixty feet wide. This
will place at the disposal OF the owners
sixty as desirable lots as can be found In
The city. The Clifford homestead will re-
main on the southwestern corner of
Bergen avenue and Clifford place.
The remainder of the lots will be offered
for sale, but under certain restrictions
which promise to make the new thorough
fare one of the most exclusive streets for
private dwellings in the city. The deed
for each lot will contain a provision max
ing it obligatory for the purchaser to
erect-a building within q certain time.
His or her failure to do this will result in
the annullment of the sale Another pro-
viso Is that only certain class of dwell
ing house shall be erected and the require
ment is so framed as to shut out
all but wealthy persons who desire to de-
sire to erect handsome homes. Lying,
as the lots do between the now most ex-
elusive thoroughfare in the city, Bergen
avenue and the New County Road. they
have advanced already in value to a re-
markable degree. These restrictions, it
is believed, so far from diminishing, will
increase them STABILITY. Deeds for the
sale of a few lots held until recently by
the estate. show that the prices ranged
from 81, 200 to 81 500 per lot The lots now
marked out to face on Clifford place have
taken great jump and are sought for at
prices ranging from So 500 to $4,000 each.
IT WILL CAUSE A BOOM.
1t was rumored amongst real estate
men on the Hill yesterday that Real
Estate Dealer Joseph Warren, of the firm
of Warren & Nugent, had purchased a
let on the corner of Bergen avenue and
Clifford place, paying $4,000 for it. This
report was premature. Mr.. Warren has
been examining the property, but as yet
he has not purchased any part of it. The
sales will be private, and are supposed to
be under the management of Real Estate
Agent f. G. Wolbert.
"The opening OF Clifford place will
affect the value of property very favor
ably" said a real estate dealer yesterday,
''for five blocks around it. 1t will be a
fine Improvement, and will undoubtedly
tend to enhance the value of lots near 1t
to twice the prices now asked for them. /
am also of opinion that rents In the
neighborhood will be advanced"