The evening world., 1912-06-29
BY ADOLPH GREENBAUM.

HIS recent operations haze
covered over 10000 dcres at Me-
txchen, Perth Amboy- and Bovn.
tor Beach Heights.
We hear . great deal As to one OPP
portunity being better than another
This may apply to many things, but II
Is not true OF real estate.
In a land investment. II the buyer
gets what he pays for and pays for
what he buys according to prevailing
market values. the question OF one OPP
portunity being better or worse than any
other Ia unanswsrable. The man who
buys NOW anywhere within twenty
Ave miles OF New York city. whether
Il be q million dollar investment In
Newark-oniy nine miles away-or In
|Afetuchen-,S miles distant-is bound to
reap a harvest In proportion to the ex-
tent of his planting. The million dol
lars will not grow any faster into an
other million than will the $3.50 grow In
20 another $3.50 Each investor will make
money to the measure and extent OF
the amount invested.
The average, however, Is largely In
favor of the small investor since the
expansion In his locality has not yet
felt the impetus Of boom values as 10
the case with investments requiring big
capital. The small investor must seek
localities where ANAL capital II the
rule, where the appreciation In value Is
TO come. and no. where It has already
taken place.
The Pennsylvania Railroad Is spend
Ing millions In increasing Its trackage.
installing electrincation. building hand
some new stations. widening Its road
bed, putting In new equipments. Every
inch OF ground between Jersey City and
New Brunswick must increase two, four
or ten fold in value. Where now there
are acres Of wooded land will be pros
porous. populous localities. studded with
elegant homes and business structures.
Acreage within thirty miles OF Man
haitian has increased, as a rule, from
three to Ave fold In value within Ave
years. m some sections. however
prices have held back and are not much
above the level Of fiye years ago. This
offers the opportunity for the small IN.
weston.
The story OF the rise In Bronx valua.
lions will be repeated In New Jersey
one tunnel. one bridge across the Hud.
son. will send prices skyward. The iun.
nels and bridges are coming soon. Their
the usual army OF mourners will Slock
together and hold obseq,ass over The
departed opportunity. 1t IL strange but
true that for every man who has the
nerve. foresight and sagacity to see a
| money-making prospect there are q hun
dred who pass It by in the hope thai
another one Just as good will appear.
The one man grows rich, the hundred
remain poor and dependent. Then IN
later years the children of the army oi
sluggish thinkers become Socialists and
ask the one wise man to share his
money with them. The world will con-
tinue to produce one wise man fol
every one hundred thlnk-it-overs. In
the meantime the opportunities OF to-
day will pass beyond our reach never
to return.
New York has many persons who are
not losing these opportunities Our
companies within seven years have sold
property In Metuchen, Boynton Beach,
Perth Amboy and other New Jersey
points to over 5000 people. Every one
OF those 5000 people had previously
kept their money In savings bank
where ? or I per cent. interest was the
rule.
In ten years every dollar Invested In
these properties ought to show a profit
equal to ten times the amount OF the
accrued interest for the period. These