Five Mile Beach weekly journal., 1922-09-08

Auctioneer John A. Ackley, on sat
urday, September 2, 1922, sold the UNI
sold lots in the North wildwood dis
trict from New Jersey n to Surf
avenue and from 10th to 26th venues
The land in this sale belonged to Will
liam Lipkin, of Philadelphia, by reason
of agreement of sale dated June %,
1922, between Lipkin and the North
wildwood Land Company. The
ground is located in the second ward
of the City of North Wildwood, the
lots and streets are all graded, the
avenues %graveled, cement pavements
and curbs made and sewer pipes are
laid in the streets. Many handsome
residences with we'll kept grounds sur
round most all the lots sold in this
sale, which took place in front of he
boardwalk office of the Beecher-Kay
Realty Company. The financial agent
of the North Wildwood Land Company,
owners of record and William Lipkin,
owner under contract, in this sale was
the Beecher-Kay Realty Company. 1t
was one of the most satisfactory sales
ever u6lu I'll EINC Wiz "a
prices ranged for a three lot corner,
100 by 100 feet, from 1910 per lot for
a plot at 18th and New Jersey avenues,
to $500 per lot for a plot at the cor
ner of 23d and Surf The SIX
lots on the West side of Surf avenue
between 23d and oath avenues, brought
81, 675 per lot, a total of $10,050. Two
OELl
lots on the boardwalk between 10Th
and 26th avenues, 40 foot frontage,
carving riparian rights, brought $3.50
per lineal foot, or $11,600 for the 40
feet. 1t also contained the building
formerly used as an office by the North
wildwood Land Co. This frontage was
purchased by Dare Brothers and j. f..
O'Donnell Jointly. About 100000
worth of land was sold.
An interesting fact disclosed by the
sale was the purchase by Wildwood
residents of choice locations, evidently
to build upon. Among them was the
site on the corner of 21st and Central
purchased by H. Foster Cos
line: another at the corner of 23d and
Pennsylvania avenues, by Lynn II.
Boyer, the architect; a plot 100 by 100
feet at the corner of 18th and Surf ave-
nues, secured by Robert Bright, real
estate man, while Richard Larcombe, a
builder, took over a pair of lots on 23d
between Pennsylvania and Surf ave-
The sale was largely attended and
- - H. - s-,A- rnSVSfn6f NJ
Ackley was as jovial as yer. Many
people attend these sales to listen to
the auctioneer's Introductory remarks
and to enjoy the witty sallies as the
sale progresses. AS usual someone
made a remark concerning the manner
of selling, when the a%uctioneer pur-
chased lots. Mr.. Ackley declared that
he had the right, as an American cltl-
zen to buy when he was selling, a
statement for which he was applauded.
who attend the Ackley sales
are impressed with the fact that he
never accepts his own bid until he re-
peatedly calls a higher bid. At one
time during the sale there seemed to
be no advance bid above SLIPS per lot
for 6 lots being offered. Mr.. Ackley
then said: 81 will give S1,175 per lot
to anyone purchasing these lots" Rev.
H. H. Hallowell Immediately bid
$1,150. Another bidder called $1,165.
The preacher then offered $1,170. The
lots were finally sold for a higher
figure. A summary of the sale is here
given showing the block, number of
lots sold, the location, the price paid
and the name of the purchaser:
Block 25S
Two lots, 10 and II, 70 X 100 feet,
southeast corner of Pennsylvania and
oath avenues, S1,400 each, to Louis
Sagel.
Two lots, 6 and s, 60 x 100 feet, east
side of Pennsylvania avenue between
oath and 25th avenues, $1,10O each, to
Elizabeth K. fancy.