The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-08-02
A FOOT
O MARKET
ST.. PROPERTY
8. NJ. WaldrOn Purchases
Another LOt=-IS Near the
Court House.

One of the most important real sta
deals recently made. because 1t is in
dieative of the growing value of prop
erty in the section. was contaminated
yesterday by Gillen & Co., real sta
dealers. when through them Edward
NJ. Waldron, the contractor who built
the City Hall, purchased the property
at 40 Market street from Albert
turer.
The price paid was $4,000, or almost
81, 900 a front foot. This is the highest
value yet put on property in upper
Market street, west of Plane street,
but the increase Is logical in the eyes
of real estate experts since the erec-
ton of the new Court House. Mr.. Wal
dron evidently is a believer in the value
of real estate in the vicinity of this
purchase, as it is the third or fourth
purchase he has made in Market street
west of Broad.
The plot has a frontage Of nineteen
feet and a depth of eighty-seven feet.
with the right to perpetual use of an
alley in the rear. On the lot is a three
story brick building occupied by a fur
niture house. Two other properties
bought by Mr.. Waldron are used by
furniture concerns. One of them is
now occupied by the Cowperthwait &
Van Horn Company and the other by
Donald & Co.
Another transfer made yesterday
through the Gillen Company was of
the Boylan property in Frelinghuysen
avenue, just south of the Lehigh VAL
ley Railroad bridge and opposite the
big Lidgerwood shops. The place is
used as g saloon. and was purchased
by the Alliance Investment Company,
which is affiliated with the Ballantine
breweries. The price laid is said to
have been $1,000.
One-FamiIy House Is Sold for $4,000.
Jacob Serbia. r., real estate broker, 116-
11S Waterman VENUE. reports the sale of
the single family. two-story frame house
at 131 Wakeman avenue. to Eugene Ledos.
The house stands on a lot 25x100 feet. The
consideration was $4.00O. The former owner
WINS ]. w. HIATT. The property was bought
as a speculation, M. Ledos intending to
make extensive improvements and rent 1t.
The foundations are being laid for a new
building at "a Orange street. near Broad
6ttCC's III oil llihE VIII NC J NCAf
high. with apartments on the two upper
floors and a store on the street floor. Mrs.
Catherine English. the owner, also holds
the title to the two adjoining parcels, "
and So Orange street. which she intends
converting into moderp business property
In the near future. thereby improving the
appearance of that portion of the thor
oughfare.
At a special masters sale held yesterday
a. the Board of Trade rooms, the prop
erty known as 236 East Kinney street,
was bought in by the complainant, Mary
Keegan. through her solicitor. john IL.
Meeker. for 1900. The sale was made by
Oscar Keen, acting as special master, to
close the estate of the late Michael Kee-
gan, and 1t was attended by several real
estate men. but the bidding was not as
lively as was expected. The sale was
to have been held on the premises some
weeks earlier, but owing to the illness OF
Mr.. Keen 1t was adjourned until yester
day to the Board of Trade rooms. The
property consists of a two-story and attic
frame dwelling on a plot with a frontage
on east Kinney stree. of 81 feet, depth ir-
regular.