Perth Amboy evening news., 1906-10-20
ACTIVITY IN
BUILDING G.
No Place in New Jersey Is En-.
jOying a Greater Boom Than
This City.

New buildings to the value OF
three and one-half million dollars,
exclusive of mills and factories, are
now in course of erection in the towns
and cities of northern New Jersey "
ing within the metropolitan district,
that is the area which is directly
connected by trolley lines with Jersey
City, Newark and Hoboken,' said a
real estate dealer who is operating eX-
tensively in Newark, Passaic, Pater-
son and Elizabeth.
"Althoughthis is an unusual con-
dition, the boom which northern New
Jersey is enjoying is a perfectly
healthy one and every sign of the
times indicates that building ana
land values will increase steadily for
a number of years to come. Just now
Passaic is erecting homes and com
mercial buildings of a total value OF
$1,595,0O0. In August there were
begun in Passaic buildings of the val
ue of $262,000. In September the
buildings begun represented a total
completed value of $4,000 In the
first fourteen days Of October plans
wer filed for additional buildings to
the value of nearly $4,000. The
buildings completed this year, or now
in course of construction, in the city
of Paterson, exclusive of mills and
factories, number $50 and represent
a valuation of $4,000
"In East Orange building has in
creased wonderfully in the last six
months due to the coming of new in
dustries to Orange and adjacent cit
les, the extension of trolley facilities
between the Oranges and adjacent
suburbs and the establishment of five
cent fares and transfer privileges
equivalent to five-cent fares. East
Orange is now erecting 100000
worth of residences, two-family
houses and combination stores and
apartments. Newark, of course,
leads when one considers the value of
industrial plants which it is building
along with it's homes. Mills and fac
tories to the value of three and one
half million dollars are now in course
of erection in Newark and before the
end of this year other plants to the
value of five million dollars will be
begun. Just now Newark is putting
up apartments and two family houses
of the value of 100000.
"The biggest boom for a small
place is now at a prosperous begin
ming at Perth Amboy. In that town
single family houses and two-family
houses representing $780, 900 in value
are in course of construction. With
in the year new factories will be built
and old factories doubled in capacity
at a cost of more than two million
dollars and will accommodate seventy
thousand additional workmen. These
men and their families will be housed
throughout the towns within Perth
Amboy's local trolley district, which
includes Railway, Sewaren and ada
cent suburbs. This district now COW
ers a triangular tract measuring
about sever miles on the side. The
men who will work in Perth Amboy's
new and enlarged factories must be
housed within this territory. Real
estate men in Perth Amboy therefore
look forward to the biggest boom
next veal that that section has ever
known.
Bloomfield real estate is also look
ing up. The building of an enormous
electric light plant at Watsessing will
employ some seven hundred men,
who, with their families, will settle
between Newark proper and Mon,-
clair. The factory will be in opera
ton within a year and in anticipation
of this large influx of the laboring
class, real estate transfers for the
present month are already more than
three times the total for each of The
three previous months IN the district
between Newark center and Mont
clair.
"a single builder in Elizabeth has
recently taken a contract to put up 200
new homes in New Brunswick. Bay
onne shows a remarkable activity III
the building of homes and factories
and in fact throughout this part of
the state tho builders and real estate
men are ST. aiming every enengy il
trying to keep up with the industrial,
and residence development"