The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1893-03-08
HOBOKEN REALTY.
Great Auction Sale Tomor-
row Evening-ManY
Buildings Pro-
jected.

Real Estate Dealer John Crevier OF
Newark street, HoboKen, predicts lively
season in real estate in that city. Prop
erty in Hoboken is good purch ase and
New York and local spectators have,
during the winter months, turned their
money over to good advantage. Mr..
Crevier alone has made sales since jan
uary amounting to $780, 900. This Is the
business transacted by him up to March
1. and tomorrow evening, in the real
estate exchange. he will offer seventeen
distinct pieces of property for sale, which
will net sum to equal. if not exceed, the
amount of business done by him since
January.
There are immense tracts Of unimproyed
property on the market. but the holders
decline to sell at the prices tina prevail at
present. Property in almost every section
of the city north of Newark street has
taken an advance in value since Janusry
of nearly one-third. The direct cause of
this is the vast amount of building being
carried on.
Dwelling houses for rental purposes
are in greater demand than in this city.
Three-story and basement brown stone
front dwellings which rent at from $50 to
S75 per month are in great demand, and
dealers are unable to supply the demand.
The Hoboken agents have also adopted a
new scheme Of keeping houses tenanted.
Instead OF leasing desirable property for
one year, the prevailing custom in this
city-they insist upon lease OF from two
| to five wears. Mr.. Crevier anticipates an
| unusual amount Of building done in Ho-
| boken during the summer. He has
| knowledge of at least one hundred houses
which will be begun In short time, and
he believes that three times that mum Der
will be erected before another wi nter
comes round. He says money is plenSi-
full and people who are unable to put 1t
| out on bond and mortgage are investing
it directly in real estate anu erecting
dwelling houses and flats of high
grades.
Some of the sales Mr.. Crevier has made
since the first of the year are:-
No. II Adams street to John SabatelH for
$4,000
Two lots on the easterly side of Monroe street,
100 feet north of Fifth street, to Jacob Schultz,
81, ECO.
Property s5xs5 feet (vacant loD corner of
Bloomfield and Fourteenth streets, to M. t.
Connolly $12.O00
No 1915 Washington street. five story double
fat, to F. Pyszczynski, $4,000.
No: lis Monroe street to Daniel O'Brien,
$1,000.
Sixteen lots at jefferson and Ninth Streets to
Oscar Frommel, $4,000,
MO-. l,VS1 0arueH SIEeeV, 10 SeuItOr LAZY
$3.50.
Transfers.
Michael De Mott vreeland to Ole Oleson, for
$525, lot 15 Block l. on the southwesterly side of
Fulton avenue.
Samuel c. Mount to Martin Corley, for ST.
property the southwesterly side of East
Fiftieth street, 375 feet westerly from Avenue E.
Ella w. Chilean and James R., her husband, to
Georgiana Vaughan and husband, for $3.50, lot
on west side of Jerolamon street, 20 feet north
erly from Hoyt street, In Kearny.
Georgiana Vaughan and husband, above de-
scribed, to Charles E. Gu mmings for 81, and
Charles E Cummings, same property, Georgi-
ana Vaughan.
John Luhrmann to Henry Smyth, for 1926, lot
on west side OF West Side avenue, Al feet from
Clendenny.
John Seibert to Louis Gernardt, for S475o, lot
SO, Block 1873. West Hoboken.
John H. Middleton to Bertoldo Degiorgis, for
$3.50, lot 4, plot CT, on north side of De Mott
street.
Mortgages.
Ole Olesen to Thomas b. Blodgett, on lot IS,
Block on Fulton avenue, for 1000.
" Jat