The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1893-03-02
A MARKET REVIEW.
How the Real Estate Stu
alton Looks at the
Present Time-Bad
Weather.

| Real estate dealers are becoming inn
patient for the snow to clear away. Fair
weather has been hoped for, for the past
| three weeks. It was hoped that, at
| worst, it would come by March 1. 1t has
not been prayed for, because real estate
men, as class, are not inclined to seek
weather favorable to their business In
| such channels. The snow storms OF the
| past two weeks, accompanied, as they
| nave been, by cold snaps, nave given
| real estate business severe setback.
| Tuesdays storm was dreadful dSap-
| pointment to would-be sellers. and now
| it looks as If the middle OF March would
| have passed before activity III real estate
| began.
| Although there is every prospect now
| that the season will be late in opening,
| there is confidence that time lost by BAD
/ weather will be more than made up in
spirited buying and selling when start
| is finally made.
| DOWN TOWN
| In the lower section of the city good
deal of property is likely to be for sale.
| Many down town residents contemplate
moving on the Hill, and greatly preferred
| d1sDosing of their property TO renting 1T.
The present prospect is that high prices
will prevail. Indeed asking prices are
simply exorbitant at present.
| North of the Pennsylvania Railroad
| tracks there will be considerable build
| ing. Fiat houses will undoubtedly be the
class of houses erected. These are in
| good demand. North of the Erie Rail-
road tracks holders of property are TAX
| ing advantage of the track elevation agi-
| tation, the opening Of Seventeenth street
to the Heights and the contemplated
street improvements and are selling TO
| spectators. who see a fair chance to
| double their Investments through the
| realization OF these projects.
| MARION AND UP NORTH.
In the Marion section, building and
! loau men control considerable property
and this spring considerable building
will be done iu the neighborhood of the
| Pennsylvania Railroad Depot. The class
of houses to be erected will principally
| be small frame dwellings. Hold
ers of property in that section
on the market. They are waiting
patiently for the Jersey City and Bergen
| Railroad Company to extend its lines
| down West Newark avenue. The inn
| provement of facilities for reaching this
| pretty suoerb would not only enhance
| The value OF property on that side of the
| Hill, but would result in more building.
| TO reach the Marion section now, it is
| either necessary to take train over the
Pennsylvania Railroad or walk from the
| Five Points.
! 10 the northern end of the city real es-
j
| There will probably be as much building
| Oh the Palisades as in any other part of
| of the city. During the winter a number
| of private dwellings of a good class bave
| been erected on Pals ide avenue. Houses
| i'll the locality rent well, nut prices are
| lower than in other parts of The city.
| Miserable street car facilities have d
great deal to do with this. as
BERGEN AND GREENVrLLE.
| On the Heights between Newark ave
| nus and Grand street there will be many
| changes. Rents have taken a jump, aad
SO have valuations. There will be lively
| speculation in real estate during the COM
| Ing season in this space. which will be-.
| given strength by considerable building.
/ South of Grand street rents fall of
| agoin. though the demand for houses
| is good, and many dealers have Gus
! toners who contemplate building
| this spring. They intend investing early
| in order 10 profit by the advance which
| the County Road and rapid transit will
| lnstigate.
In the Greenville section the specula-
| tiOn will be in uninproved property.
| Sales.
| Auctioneer F. G. Wolbert yesterday sold the
1 three brick dwellings at No. 19d Fourth street,
| between Grove and Henderson str eet. The at
| tendance was small and bidding, as result
slow. Mr.. Wolbert managed to dispose of the
property to Mrs. Catherine Herbert of Coles nd
|
| $4,000.
James Hamilton, Jr., to Lydia Applegate for
81, 100, land and premises lot Is. the sout b.
| erly side of Ma iison avenue, 1l6 feet from New
| ark aud New York Plank Road.
| Henry G.. Erlshelmer Jr. Ito Anna Sutter for
500, lots IL and Is, Block A aud premises in
| North Bergen.
| Dwight B. Fuller to William j. Cushmore for
S575, lots SO and 40, Block e. westerly side of
| Devon street, $50 feet southerly from Quincy
4 avenue
| Alice .Crevier and husband to Augustus E.
| Crevier, tor $500, land and premises eastery
side of Bloomfield street 1870 feet northerly from
| Twelfth street.
| described property for $500.
| William A. Ferns to Frank c. Reid for 81.
| property on northeasterly sids of Oakland ave-
nue. 242 feet from Avenue d.
! Edward r. Stanton as Sheriff to Peter Arch
deacon, land and premises, on part of lot 20, on
northerly from Hutton street.
| Frank G. Reid to Mrs. Ida 2. Fem, for ST.,
| property on northeasterly side OF Oakland ave-
| nue., 242 feet from Avenue D.
| Gustav Schumann to Carl Loges, for S. $50,
lots and 4, in Block Il, on southerly side of
! Zabriske street.
| John ]. McPhilps, as Sheriff. to James A.
| Gordon, property OF Peter Weismaun, on writ OF
feri facias, lots 1. g. 4. Block 1881 lots and
| s, Block IL. on the northerly side of Fulton
avenue, between Van Cieef street and Ocean
avenue.
James A. Gordon to Peter weismann, above
described property
Daniel P. Westervelt ct ux to Frederica
Palmer for $4,000, property on northerly line of
HacSensack Turnpike, 11S feet from Bergenllne
avenue.
Frederick Palmer ct ux to Cornelis A. Wester-
velt, for $4,000, above described property.
Mary Goedecker to George Sheath, Jr., for
S125 lot SIT, Block 25, fronting southery side
of Franklin avenue in Gutenberg.
George Sheath, Jr., to F, Schneider & Son, for
$780, lot 517, Block 25.o on southerly side Franklin
avenue.
Mortgages.
Lydia Applegats to The Union Building and
Loan Association, on lot 15 on the southerly
side OF Madison avenue. l16 feet from Newark
and New York Plank Road for $4,000
Samuel Kiemhaus to the New Jersey Title
| Guarantee aud Trust Company, property at
northwesterly corner of Warren and Sussex
Streets being lots 66, 68, 20 and ~ on Sussex
street in Block 43, for 81, 1000.
Angelo j. Arata ct ux to The Hoboken Build
ing and Loan Association, property westerly
side of Garden street. 81 feet southerly from
Twelfth street. for So 200
Mathilda Rothe to Charles Pfenning, on lot go,
fronting on westerly side of Ogden avenue, for
| $500.
Peter wsismau ct ux to The Greenvile Build
| ing and Loan Association, on lots and 4, Block
8, on southerly side of Dwight avenue for
! $4.539.
Matthias Hahn to Margaret Maren, lot is,
Block "a, on the westerly side of WestSSide ave-
nue., 90 feet from Marion place, for $500.
Berthold Hornung to the Greenville Building
and Loan Association, on lots 20 and 3d. Block 8,
| on the northerly side of Ocean avenne, rs feet
i u o.