The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1893-02-02
LITTLE JOHNSTOWN."
Progressive Movement in
West Side Lots-NeWS of
the Real Estate World.

the Real Estate World.
be agreeably surprised to learn Of the re-
markable growth of that ction of the
city known amongst real estate men as
Little Johnstown.n This fourishing
little suburb, which is not indicated on
the maps of the city, adjoins the new
cemetery on West Side avenue on the
southerly side, and includes large tract
of land fronting on Duncan avenue.
About three years ago, when the terri
tory north Of Bergen avenue was not
within easy access by horse car lines,
property there was almost vaiueless.
ON the western slope OF the hill. Jerre
johnson then managed to acquire about
three hundred lots at remarkably low
nguro and three years ago he sold them
to the highest bidders on the easy pay
ment plan. Jerre johnson would prob
ably feel like suicidiDg if he could see the
lots he disposed of at $50 and 500 being
Little Johnstown" was named after
Jerry johnson.
WAKING UP.
The Jersey City and Bergen Railroad
Company extended its lines to West Side
avenue and not long ago, following this
improvement, came petitions for sewers
and all kinds Of improvements from
holders of the property. The Street and
Water Com missioners made the desired
improvements ,fand the result is a rapidly
growing community. About one hun
dred houses have been erected in this lo-
cality during the past two years. and
with the approach of spring there is every
nm ant o,1tA q Iva
being done
BUILDINGS PROTECTED.
Yesterday, Building Inspector Kelly is
sued a permit to Doniel Lewis OF No. S33
Montgomery street to erect two-story
frame dwelling at No. 1856 Duncan ave
nue.; another to d. Heppesch Of No. 1869
Railroad avenue, to erect two and a
auenue; and third to E. l.. Mcguire. OF
No. 80 Bright street, for three-sJory
brick house au No. 344 Duncan avenue.
Building in this part of the city is going
ahead rapidly, and is leading any other
portion or the city. The class of houses
being erected is that sought after by per-
sons desirous OF renting, and the true In
wardness of the building is to catch the
rapidly moving down lIown population" !"
MOVING TO THE HILL.
Holders of property on the Heights are
happy In knowledge that this spring will
see great rush OF residents of The lower
section of tie city to the Hill. Down town
real estate men predict this move, and
Hill dealers are preparing to meet the
demand. The coming season In real estate
speculation promises to exceed in activity
any experienced for years.
Real Estate Transfers.
Yesterdays records in Register Felder's office
show that Harriet A. Sherwood of New York
transferred to William Willett lots II, 49, 10 and
20, on the southwest corner of Lafayette and
Wilton streets for 81.
Hamilton for S5,700 a lot 45x90 on Brinkerhof
street near Monticello avenue.
James Flanagan to Adolph Edllmuth, prop
erty known as No. 260 Grand street, for S4 15407,
subject to two mortgages held by Louisa Worth
ington.
Acthur setz and wife, of Hoboken, aud
lands, to Yincenzo Cologgio, of New York, prop
erty az Washington and Twelfth streets, Ho-
boken, for Sla,G00, subject to a mortg rage of
$1,000 held by the Hoboken Bank for Sav ings.
Sales
Emmons & Co.. real estate dealers, at No. 4SS
Communipaw avenue, passed title on two lots
in Monitor street to Bau Quaif for $1,000.
Also lot on Union street near Bergen avenue
to Louis Evans. The price secured was $780,
Notes.
Emmons & Co. lay claim to the second best
the Bonnell homestead for S21, ,0cO
An entire block of frame dwelling houses, such
as are desired for rental purposes, has been
erected on Randolph avenue.
Emmons & Co. have plenty of house seekers
for rents running from $50 to $35 per month";
ANYTHING above that price is hard to dispose of.
President Feeney OF the Police Board is erect
284 Ninth street.
Two five-story brick apartment houses are n
course of construction at No. 100 Coles street.
Cod1nt ClarIr OF
Three-story brick houses, with all i'm prove
ments, are offered for sale on Arlington avenue
for $1,000.
Three-story and basement brick dwellings on
Belmont avenue will be knocked down for
$1,000.
The two-story brick dwellings on the north
side of Astor place are offered for So, 150.
double frame house on Bergen avenue is
offered for ST. COO.
Real estate dealers are somewhat puzzled over
the desire of holders of property to sell. Some
fine inducements are being extended to specu-
latoTs.
The construction of the woodlawn sewer has
given property aboom in that section.
Benjamin Van Keuren contempates convert
ing his meadow property betwesn Grand and
Montgomery streets into building lots.
Building and Loan.
The Excelsior Mutual Building and Loan AS
sociation has distributed among its first series
shareholders S20,562 profits. This item of
disbursement is In addition to the numerous
Ii.
Th is association has five other series and is now
opening the sixth.
The seventeenth annual report of the Green
vile Building and Loan Association gives the
present membership at ], ,407, representing 6,054
shares, A twelfth series has been opened and
the ASSOCIATION will liqudate the fourth series
next December. Appropriation sales during
last year amounted to $57, $500, an average Of
$12637 per share. The cash receipts for last year
were $t55,9S2.97, and the cash disburse-
ments $3.50, ,087.11. The officers are; President
Michael O,Connor; Vice President, Richard
Uldrich; Secretary. Richard Routh: Treasurer,
David Hall; Trustees, SE. r. Adams, Samuel
Ross and T. ". Haveman; Directors, John s.
Sotheren, Valentine Holzappel, w. II. Trevert,
Louis A. Kreiser, A. ]. Lignot, John S. Hill, G..
Bechstaed, James Thompson, Thomas F. Cogan,
d. P. Brown and Samuel Graham.
Crescent Association took in on Friday 81 ,400.-
81: Montgomery $2S6. 10; Highland, S732.15 The
la tier association will mold its third annual meet
ing for the election of officers, appointing
auditors, ETC., tonight at 6:15 O'Clock. Snbscrip-
ticn books are open for new series Of stock at
No. 464 Bergen avenue, or OF ]. P. Landrine, No.
AL Bergen avenue.
The receipts of the Bergen Mutual Building
and Loan Association, No 2. Tuesday evening
were SIP 25 and No. g. $2Si.15.
The ninth annual meeting of the Lafayette
Mutual Building and Loan Association was held
In the Wfgwam last night. The following officers
were elected: President Mortimer Lampson;
Vice President, j. Ell. Muller; Treasurer. George
c. Fountain; Secretary, Joseph w. Leonard.
Ul,o 1iroaf Ctort N