The star and Newark advertiser. [volume] (Newark, N.J.) 1908-1909, 1908-04-17
The Real Estate Situation.

Little by little he real estate situation is getting stronger and Newark
ers are commencing to realize that there is SOM value in on various prop
critics, ant that those values will become very much, higher with further
improvements. Tho STARS haY been for some m ndeaVorng ito SHOW
that We are quite a SLOW lot in j. matter of the future of Newark as we'll
IS advising our citizens to put their money in real estate investments
here our citizens have been verys slow to act They will maintain their
properties, and in after years viii only have N story to tell That viii be:
7 can remember the time when could have purchased that property for
100000. Now it's 100000" That time is coming-and comingf fast ead
ers OF the STARS ten years hence viii b 70 astounded at the oWhess OF
themselves. Twenty-Five years hence their children will relate from tim
time how we'll off they could have been had their parents taken the
advice of the STARS in 1908 and purchased real estate at that time. Nine
teen hundred N eight is still here TN YOU opportunity is NOW. N
investment in the right direction viii mean a return OF at least Z1
per cent within the next ten years Newark today is nothing more
than an overgrovn village 1t las nt yet begun % spread itself. and. IN
a great measure our business people are to blame for our rogressl
ness Aside from the coming tunnels and other big things that VIII SOC
add to the value of property Newarks business inmr@ts could veil afford
to help matters and spread out. It's only a matter that needs som one
10 start it
During the present week the old First Reformed Church property n
the jackson building adjoining it . n Market street were purchased oy a
ago when the same property could have been secured for practically nal
amount. The property has a frontage IN Market street of only 100 feet.
After the transaction had been mad complete the purchaser remarked thu
Newark las a great future, and know Of no better way to invest my
par. Ne%arks opportunities are unlimited in any direction you may look,
md l know of II o safer city for such Investments" Here o are New
other and similar opportunities waiting for you to grasp them. Here is
what a prominent rel estate own says regarding he purchase made y
Mr.. Ordway:
ut is strange that the residents of this city must first receive their
awakening along progressive lines from outsiders. 1 have followed The real
estates situation here closdy for years. and it always takes some wide-awake
person from nut Of the city to awaken the local investors ito a reaization
OF the good things that are to be had within our city
The wage-earning classes are good real estate investors; but, unfortu-'
natly. II o effort is made to attract their attention to local offerings They
the lad" or ads bt pay little or n attention to them, as they d o
not have the time o lose investigator them. a week & q reader sug
gested the method of illustrating such offerings, showing house layout
of rooms There is II o doubt but such advertising has its effect 1t also
has the enect Of bringing itself to h notice of many not so interested
brokers would undoubtedly increase their sales by this method a we'll as
create additional public interest.