New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-06-11


RAILROAD and the Northern Railroad OF
New Jersey. a branch Of the Erie. EX-
tending in a northwesterly direction from
Jersey City IS the New Jersey Ne"
York Railroad, another branch Of the Erie
which furnishes a good suburban service
10 many places some miles west Of the
West Shore Railroad.
1t would be a difficult task TO find
person who has lived one or more years
in this city who has not fairly accurate
idea of the rural beauty Of this great re
zion. Nevertheless, there are seemingly
only a small number Of taxpayers or rent
PAYERS in old New York well posted on the
distances of the many charming and pOpu-
lar towns on the Palisades from the heart
of the principal shopping amusement.
financial and office zones Of Manhattan. In
the most northwesterly part of Manhattan
Island is the Dyckman section. Not many
years ago it was sparsely settled. Now it
is being quickly made into one of the finest
apartment house areas Of the city. On the
Palisades. opposite the Dyckman section, is
beautiful EnglewoOd. Just south of Engle-
wood is Nordhoff and Leonia. Still fur
Their south are Fort Lee. Palisade Park
I'ndorcHff. Clinside Park. Rdgehed, Fair
view and Edgewater. West Of EnglewOod
arc West EnElcwood and Teaneck.
Located almost i'm the very centre Of the
Palisades territory are TenahY and High
wood. on the opposite bank Of the Hud-
son. further north, is Yonkers. A short
distance west Of Tenahy is Bergenfeld
considered by large numbers Of real estate
experts to he one Of the most progressive
suburban towns in the metropolitan area
Not one Of these places on the Palisades is
more than eighteen miles from downtown
New York. many being less than a journey
of twelve miles from the lower business
zones of Manhattan
AlIurine Realty Factors.
What led YOU TO decide to invest more
money in the Palisades district" was
aAked.
Its proximity to the principal districts
of New York, its almost Incompatible
charms for suburban homes and its rail-
road service" he replied
How do property values in the region
compare with those in other suburban dis
tricts?" inquired the reporter.
"Well located lots and acreage ready for
immediate Improvement can be bought for
than, similar lots and acreage in other
places in the metropolitan field" quickly
replied the builder. He was silent for a
few moments. as if he sought to weigh his
words carefully before utterance. I'VE can
not buy anywhere else better lots and acre
age for the prices prevailing there" he
finally added.
do you expect a large enhancement Of
81
was the next question.
''The growth Of every town on the Pail
sades Is healthful." said the builder. De
mand has lately caused a rapid enlargement
os many charming home centres there are
better money sources in the section and
they will continue 10 improve until loans on
good property are as easily obtainable as i'm
Jersey City. Notwithstanding the rapidly
, increasing demand for modern homes and
vacant sites values are still ridiculously
low. Prices are bound 20 reach new record
heights for the district in the near future
! am firmly Of the opinion that when they
begin 20 soar above the new high record
mark they will rise at very rapid rate
Probably will best express my views on
this important subject when | tell you
think values will double in this delightful
suburban section within the next five
years"
North Hudson Division.
The lower part Of the Palisades region
is called North Hudson In regard to
this division OF the district the New
Jersey-New York Real Estate Exchange
says: mo suburb Of New York is more
beautiful or advantageously located than
the district known as North Hudson.
strip Of fiat table land ION top Of the Pail
sades north Of Jersey City and Hoboken
1t Is about two miles wide and ten miles
long
Lying directly west Of the great
metropolis il extends from a point about
opposite 18th street TO Grants Tomb. and
is only separated from the city itself by
the majestic Hudson River. which flows
silently along its eastern flank This terri