The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-09-28
REALTY IS ACTIVE
OUTLOOK IN NEW JERSEY
REPORTED GOOD.
Members of Exchange Hold Conference
New Apartment for Central Ave. to
Accommodate Sixteen Families.

Members of the New York and New
Jersey Real Estate Exchange gathered
at headquarters, 141 Broadway, New
York, yesterday, for an informal busi-
ness conference. There was a discus
sion on the general situation and most
of those present expressed an optimistic
view of the New Jersey real estate out
look. Brokers reported a lively demand
for houses, which is far in excess of the
supply. Others spoke Of the many new
developments being planned, and the
unanimous sentiment was strongly in
elined to the opinion that New Jersey
was on the eve of a brilliant business
season.
There was a meeting of the board of
governors on the same day. Among
the important matters considered were
the tunnel opening celebration, the
establishment of local exchanges in the
various cities and towns of New Jersey.
the equipment of headquarters with
maps and records. n the question of
a publicity campaign. The discussion
of these interesting topics was earnest
and exhaustive and showed that the
exchange Is governed by a bright body
of ready debaters.
One of the features of the New Jersey
Exchange Is its Friday afternoon re-
captions. The members gather infor-
mally TO make new acquaintance and
to converse on business or general
topics while enjoying the luxury of an
afternoon smoke. Every succeeding
Friday b.ings a larger number of MEM
bers together at the exchange rooms.
Chairman Joseph P. Day. of the tun-
tel celebration committee, stated that
early in October he will be in a position
to announce positively the date of the
celebration. With that announcement
he stated, the committee would start on
its preparations with<great energy and
prepare for an event that will arrest
the attention of the whole country.
Cross q Harris, real estate brokers,
Broad and Bank streets. have sold for
Samuel KATE. of this city, the property
290 Central avenue, comprising a plot 40
by 100 feet, on which the New York and
Newark Building Company, a corporation
representing New York capital, will build
a four-story apartment containing all mod
ern improvements, the contractors estimate
of which is $S5, 0OO.
Plans for the new apartment house
show that it is to be made of granite first
floor course. with buff brick and terra
Gotta trimming for the three upper floors.
There will be accommodations for sixteen
families, each to have five rooms and
bath. The halls and bath rooms are to be
tiled with encoustic tiles.
John H. Dunn & Sons. real estate oper-
ators, Broad and Bank streets. have just
effected the sale Of another of their new
dwellings on Seventeenth street. The house
is numbered ass and is of the two-family
xynriafty oal onnfuinc all -aaIaNn r,A~1.tn
ments. The new owner is Edward f. Can't
well. and the price paid is 400. Lot %
by 70 feet.
w. S. Wade, of Wade's Agency, real
estate brokers, 800 Broad street, sold yes
terday to JOIN r. FRANKIE, of Irvington,
the building lot, 25 by 100 feet, at 1888 Vaux-
hill terrace. Union. Mr.. Wade bought this
lot on September 20 of the Sweeney Realty
Company. Consideration private.
Feist q Feist. real estate dealers. of 73s
Broad street. announced yesterday the sale
of the brownstone and brick three-story
residence, located at IL Central avenue,
which was formerly occupied by DIR. James
IT. Wrightson. The sale was made fol
Philip N. Jackson. and the purchaser is DR..
William Talbot, the dentist, of 5SS Broad
street. The lot is 1876 by 80 feet. DR..
Talbot will occupy part of the building as
a dental office and the remainder with
studios ard general offices.
Among recent transfers of property re-
corded in the COUNT registers office are
fifty acres of salt meadow land, which
was sold by Florence e. Cahill and her
husband, John F. Cahill. Eleven acres
were conveyed by them to thu. COMMUNE
paw Central Land Company, twenty acres
to Stuart Lindsey, ten to 2. Lyndon
Bryce and ten to Otto l.. Puth. Mr.. Cahill
yesterday declined to say who the Com
munipaw Central Land Company was and
what II purposed doing with the property.