Perth Amboy evening news., 1922-12-30

ants BY water is practically nil.
Such a terminal might attract in
dustries which would be accessory
to those already established. but IL
IS more likely tina. there would be
introduced various moderate sized
establishments OF types new 10 the
city. This would be a good thing Tor
Perth Amboy.
The space available is approx
mately thirty-three acres. Expdn-
sion would he possible only by TAX
ing over developed properly. This
places an absolute limit on the
scheme. If the terminal were sue
cessful in its early stages, it would
nave practically no territory into
which it could expand without pay
ing a high price for land.
Property values in the residential
section, between FHst street and
street. and north of Lewis street,
would be seriously impaired by any
,such proposed industrial develop
ment- A still greater depreciation
would occur in the section at the
southerly ends of High street. Rec
tor street and water street. These
depreciations might easily amount
Ton land and improvements) to $50
per front o o over a frontage of
5000 feet, or $4,000 0
The capital invested in the pro-
1ect would certainly demand not less
than . per cent annual return, with
an additional allowance of 2 per cent
tor amortization and J per cent for
liquidation of axes. To make the
proposal attractive, the income
would have to be sufficient to pay
the city, in addition to these
amounts, the equivalent of the tax
return in perpetium on a
valuation Of $500, 900.
The logical outcome of this pro-
posal would be an extension of the
industrial zone along the entire wat
erfront to join the existing industrial
section, which now extends along
arthur XIII as far south as Fayette
street. This condition the city GER
tainly cannot affaor to contemplate,
A less ambitious plan of building
two-story piers and reserving the
upper floors thereof for ~recreational
purposes miscellaneous shipping or
merchandising requirements to be
cared for on the first ~foors), has the
disadvantage that the property is too
large for the latter purposes. Dis
regarding interchange freight, and
considering the experience of other
- ~AAA tSEC. GpDI OAllldLGly
1900 lineal feet of bathing space,
or three piers. each 300 feet long,
would be adequate. Such piers
would better be located elsewhere.
Smoke and Fumes %s~~
Annoyance due to smoke and
fumes should not be too vigorously
dealth with in a city of such pro-
nounced manufacturing type as
Perth Amboy. In a number of in
stances. chimneys of sufficient
height have already been installed to
permit of dispersion.
the operation of the gas works
cause considerable inconvenience
and annoyance to residents in the
vicinity. A noticeable smoke NUS
ance is produced by switching en-
gines in the yards of the Lehigh
Valley Railroad. Reasonable steps
should be taken to abate smoke and
fumes at the various manufacturing
plants. The smoke nuisance at the
city dump, north Of Eagle street
should be permanently eliminated.
Advantages and Disadvantages of
Perth Amboy
The territory Included within the
| lllillL6 III L "a Il AAALoOI ia NV oooAS
of the present prevailing use Of
property, is occupied substantially
Per Cent
Industrial SO
Tenement House ......... 20
Two-family House .....-.. 10
business
One-family House ........ L
100
The high proportion of ares de-
voted to tenement house use is
naturally associated with the large
amount of industrial area, and both
are in excess of the averages II
other industrial cities. The proper
ton of area devoted to business /:
somewhat above normal-possibly
a healthy indication. The area de-
voted TO two-family Use is low. The
one-family district, or that in which
higher cost residences prevail, is ex-
ceptionally small.
These figures tell YER simply