Perth Amboy evening news., 1912-08-10
GOODRICH PARK
GROWING FAST
A. Grsenbaum Develops Beau
tiful Home Sites at Fords.

WnlIe on a tour in the outlying
sections of Perth Amboy a reporter
for the Perth Amboy EVENING
NEWS happened to be out at Rog-
ans Corner. Becoming interested in
the improvements and developments
that are taking place there, he soon
discovered A. G~reenbaum, one of
Perth Amboy's pioneer business men
who was directing the work of cut
ting streets, putting down cement
walks and making other improve
ments in Goodrich Park. eyes,"
said Mr.. Greenbaum, replying to the
reporters inquiry as to past and
present opportunities, you can talk
all about the money that your grand
parents or even your parents might
have made by investing twenty years
ago, but all Of that money would be
a tr1he compared to the money that
you can make today. In those days
a profit of a few hundred dollars
was looked upon as something worth
while, whereas today a man puts
$500 or $500 into an investment and
within a brief two years he makes
several thousand.
II sold a plot Of 1O0x200 in Me-
hSo ySd1o o5o W u 4hi.
Schaffhauser, who paid me $500 for
it. Mr.. Schaffhauser only had $65
In cash, so he paid off the balance
in easy monthly payments. He put
up a house a little later and planted
vegetables and also began raising
chickens. Last month Mr.. Schaff-
hauser refused $4,000 for his prop
erty. This is only one last OF per-
haps several hundred that / might
mention that have come under my
observation in the last five years.
Isn't 1t absurd for people to pay
rent to live in another mans house
and pay him from $500 to $500 a
year for the privilege, when they
might W their own place and apply
that money on the payment Of it?
Just think of throwing money away,
money that will never come back,
that will never represent a dollars
worth Of equity in anything.
Here near Rogan's Corner" con-
tinued Mr.. G%reenbaum, pointing
proudly to the beautiful develop
ment that is known as Goodrich
Park, 1--WE are selling lots from $125
up. Think of thatl Look out there
over Raritan bay-as fine a view as
people on Riverside Drive in New
York City get. Why, we have sold
lots here to New York people who
thought they were cheap enough to
take a flyer at. We are only a few
minutes ride from the city limits Of
Perth Amboy where lots, not as
good as these, bring $1,000 up.
We've got water, gas, electric lights,
nnmnnt noUnJnanfC nnH oil tho IN,
provements that will be found in
New York City lots, and these lots
are SO cheap and the payments so
easy that any man with an income
of SO or SIS a week can pay for
them. We've sold over 200 already
without making any noise about 1t
or begging any one to buy"
Mr.. Greenbaum has been a prom
inent citizen and business man in
Perth Amboy for over twenty years.
He Is the president Of the Metuchen
Realty and Improvement Company,
Of 26 Cortlandt street, New York,
and has sold thousands of lots in
Metuchen, Boynton Beach, Lehigh
Park, Perth Amboy and in Jackson
Terrace. He Is not a stranger to the
people Of this community and his
reputation for strict reliability is
such that many a poor man of this
locality has been guided by his ad-
vice and has benefited by his imper-
sonal and impartial counsel. He has
always given freely to all demands
where the interest or patriotism of
Perth Amboy or vicinity is concern
ed.
Boynton Beach Heights is another
property that has attracted wide at
tention because of its proximity to
the popular beach resort Of this
vicinity. The property is located be-
tween Port Reading and Woodbridge
and was opened about two years ago.
Out of a thousand or more lots here
only three hundred remain unsold.
The prices range from $3.50 up.
Boynton Beach Heights has elegant
boating, bathing and fishing nearby,
making it a desirable and attractive
spot for those who love the seashore
and it's alluring sports and advan-
tages.
Still another opportunity of The
Metuchen Realty and Improvement
Company is Jackson Terrace, located
between Perth Amboy and Metuchen
Immediately on the line Of the troll
ley. This property was opened last
fall and consists of about 500 lots,
of which only seyenty-five of the
choicest are still to be sold.
Last but not least we must refer
to Lehigh Park, another successful
venture of Mr.. G%reenbaum. Late
last year this property attracted Mr..
Greenbaum's attention and he was
not long in deciding that Perth Am
boy because of It's growth and ex-
pansion would soon require more
space for it's people. He organized a
local company and interested quite
a few of Perth Amboy's well known
business men and citizens. The orig
inal purchase consisted of 500 lots
which were sold so readily that in a
brief few months but 800 were left
untaken. Lehigh Park was the most
successful realty venture In the his
tory of Perth Amboy. Situated as
it is in the industrial center of the
city, It's advantages as a logical resi-
dence locality for mill workers and
operatives were soon recognized.
These lots sold fast at $3.50 and
upward each. In fact the company
encouraged by their success in their
maiden venture have just purchased
another adjoining tract of 800 lots.
This latest purchase Is located di-
rectly in line with the business and
industrial development and expan-