Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1912-07-24
FOOLED BY AGENT,
MANY BUY SANDY
LOTS FOR ESTATE
Blue Prints Described
Parks Which Did
Not Exist.
GAVE VIVID PICTURES OF
I GARDEN OF EDEN
Investigation Proves Tales a
Myth and Bottom Drops
Out of Market.

Would you like a few nice lots in a
highly select residential section of
Long Island-wonderful air, fine old
shade trees and graded streets?
IL you would, there are a good
many residents of the Roseville sec
tion who will be delighted to deed
over to you their lots in this magni-
cent property. Cheap, too.
He was a masterful agent. Besides,
he had very. very beautiful blue
prints. There were wide streets and
parkways through the tract-Belle-
view avenue. Monterey drive. KnicS-
erbocker parkway. and the like. And
many of the lots were crossed out in
red. They had already been snapped
up by eager buyers.
Lots Sell Quickly.
Were the Rosevillites suspicious of
the g~ild-edged property?
Not IL the agent knew 1t. Hadn't
Raymond E. Smith, secretary and
treasurer of the Roseville Trust
Company. purchased ten lots? And il
Mr.. Smith walnut an expert on real
estate, who was?
That clinched 1t. The demand for
Long Island real estate became ex-
traordinary. Rev. Thomas Martin
and. Rev. NJ p. Corcoran. priests of
st. Rose of Lima's Church, who are
friends of Mr.. Smith, took ten lots.
DR.. Thomas f. Kelly, of 457 Orange
street; Dennis P. Clearly, an under
taker. - South Eleventh street: Her
bert f. Anderson, a grocer, 44S Orange
street; Andrew Houston, jr., 103 Rose
vile avenue and Timothy Donneily.
of Wallace place, bought five lots
apiece. Benjamin Kane, I: sexton,
took two. These and many others
acquired Long Island estates.
Visits His Estate.
One hundred lots had been mcrriiy
disposed of when Charles r. Holt
han, of 1o1 Third street, who had ac-
quired five of the neat little squares
on the blueprint plan. became OBJ
sessed with an entirely unreasonable
desire to find just what the prop
erty looked like.
He started out without anyone to
pilot him through the wilderness of
Long Island. And he was unfor-
tunate at the offset. He couldn't find
the property.
Are you familiar with these
parts?" he asked a man.
"oh, yes" was the smiling reply.
I'm the tax assessor
Good Roads a Myth.
Mr.. HOLMAN gasped. Owners of
h~igh-priced residential property have
a proverbial antipathy for tax asses
sors. But Mr.. HOLMAN suppressed his
instructive dislike and asked where
he could find his lots.
The AK assessor studied the map for
a while.
They are back in the woods some
where" said at length There may
be some stakes 10 guide you, but
you'll find the underbrush pretty
thick"
Market Takes a Slump.
By the time Mr.. HOLMAN became
that Belleview VEN
Monterey drive and Knickerbocker
parkway were myths he was brier-
TORN, tired and just a trife an
noyed. He bruited his grievance
about when he returned to Roseville.
and the mania for Long Island
estates came to a sudden end.
In the deeds was a cute, catchy
little clause that saved the company.
1t read: Every condition and repre-
must be made on this con-
tract, and no representative has
authority to change it in any way,
and no agreement other than this
printed one will be recognized by the
corporation"
Just % there is a slump In Long
Island residential real estate.