The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1894-06-14
REAL ESTATE NEWS.

If Mayor Wanser could hear the expires
sions of satisfaction INDUCED in by property
owners along Barrow street. with the asphalt
pavement, he would nave his new Board OF
Street and Water Commissioners advertise
for more bids for the paving of streets with
asphalt. The pavement first layer has been
laid from Newark avenue to Montgomery
street and it changes the whole appearance
of the street. The work is being well done.
The company will next pave Eighth street.
The curb stones have been torn up and the
work of Ielaying of blocks will be begun to-
morrow. The only complaints being made
by property owners, number two, one is that
not enough asphalt is to be laid; the second
is that many of the streets to be paved are
now in good condition and do not require
repaving one quarter as much as a
number of streets north of Newark
avenue, which are almost impossible.
Eighth street for instance is a well paved
~thoroughfare. The same may be said of
East Hamilton street. Neither of these
streets should ave been paved until Fourth,
Fifth, Sixth, Seventh and York streets had
been made at least passable. However, the
Mayor declares that it was a case OF take
what the old Street and Water Commission
ers agreed or get nothing. In future he will
see to it that asphalt is laid in streets where
it is most required and where it does the
most good. The Mayor promises to make
the streets passable and pretty, if such a
thing is possible.
Montgomery street above Jersey avenue is
experiencing another building boom. Owners
of lots have tired Of paying taxes on vacant
lots and are erecting flats.
Tt is remarkable to notice the bargains
being offered by Warren & Nugent, {. Z.
Jewell & Co., Riley Real Estate Trusts Com
pany and Emmons & Co. Spectators are
turning their money over rapidly. Jersey
City realty is on the jump.
Tho aOpar1ation of tho Joint nI1f1nt cpVVprs
between Jersey City n West Hoboken
was hailed with delight by property owners.
The sewer will be brought into service at
once, and a territory will be drained which
hitherto has been flooded at every rain
storm. Property in the northern section of
the city will be greatly enhanced IN
value and it is highly probable that con-
siderable building will be done. Good drain
age facilities and rapid ransit facilities will
bring realty in that section up to a good
standard. 1t will open up a large territory
for residential puf poses.
The big branch main sewer in West side
avenue is being pushed with all the rapidlty
practicable. Lateral sewers are to be con-
structed, and a large territory will be
drained. West Side property owners are
delighted. They are now willing to accept a
slight increase in valuations. A good sewer
age system and rapid transit will make their
realty desirable. Considerable building is
being done by West Side spectators.
The seventh annual meeting of the Wash
ington B. and L.. Association, will be held on
Wednesday evening at the rooms, No. 535
Jersey avenue. Officers will be elected for
the following year, and Secretary Samuel
Drayton will submit his annual report.
There will also be a sale of money. The past
year has been an exceedingly prosperous one
for the association, and the secretary's re-
port will be encouraging. The statement of
assets and liabilities to June 20 follows:-
Assets, 800, 006. 55; liabilities, Sl00, 0O6.55.
The Union Building and Loan Association
issued it's fourth annual report last evening,
in its new quarters in Arcanum Building on
jackson avenue. The association was organ
lied April 2, 1890. The report showed re-
earnings, S10,847. 80; and surpl US net earn
ings, s., 009. 39. There were eight series issued
during the year, numbering 1884 shares,
The average interest earnings per annum on
Investment was 1929 per cent. The new
features Of the association are their install
ment premium, reduction of interest, quart
erly and guaranteed titles. All the old officers
were reelected with the exception of four
managers. The officers are as follows: Presl-
dent, John F. Klumpp; Viee-President,
Charles T.. Meyer; Treasurer. VIM. 7. Vidal;
Secretary, John A Young; Managers. c. II.
Benson, Timothy P. Burger, John f. Bur
row, Frank Cavalli, Geo. NJ. Christian, j. Il.
Gilmore, j. ii. W1nSer, u. II. van mike,
j. B. AppIegate, Vim. Maver. Jr., and VIM.
C.. Korth. The receipts for the evening
were 81, 1882. So. New series is now open;
81, 800. was sold last evening at a premium
of zoe. per share
Transfers.
Abel P. Brown to William Il. Brown. for $3.50, LOT
q, Block 5, west side of Wales street.
Emily f. Bloodgood to Jane Clynes, for 81, lots 1O2
and l0i, west side OF Monticello avenue.
Alfred Nelson to Patrick Reardon, for Sl,6O, lot
%. Block 2S, south side of Pavonia avenue, near
Monmouth street.
John j. Toffey ct ux to Julia f. Phillips, for 81, 200.
land and promises north side Highland avenue,
southwest of lot II.
Conrad Weinck to Richard weinck, for s., $500. land
and premises west side Ogden avenue, 100 feet south
of Cedar street. Richard Weinc6 transfers above
described property to Anne Weinck for $3.50.
Mortgages.
Theodore Lonholt 20 Martha L. Derasmure ON
parts of lots So, 81, SO aud 81, block II, northeast side
of twenty-third street Town of Union Tor S14,A0.
Eliza Handweekt to Catherine QuaTtlander on lot
All, block % north side Hermann avenue, Gutten-
berg for 500.
premises, east side of Kossuth street, Town OF
Union for Sl.C0o.
Michael McDonough to Adolnh Cans on land and
premises at Oakland and Hopkins avenues for
$537.G0.
MuA 0TUMC MAprT MAITLAND