Perth Amboy evening news., 1923-10-17
HENRY MAURER
PROPERTY SOLD
Track at KrockmalIy Ave-,
WatrouS Lane and Amboy
Ave-, for Local Men
WILL BE DEVELOPED
To Widen WatrouS Lane and
Also Plan to Extend CleVe-
land Avenue
WILL BE DEVELOPED

Just when it seemed that all of
the land in this city that is pur-
chasable was in course of develop
ment, along come few local men
whose names are withheld for the
present by the attorneys in the
transaction, and buy forty acres of
land, known as the Henry Maurer &s
Sons property bounded by krock
mally avenue on the south, Watrous
Lane and Amboy avenue on the east
and north and Raritan avenue on
the west. The big surprise in con-
nection with this sale, both to peo-
pie of the city in general and real
estate brokers in particular, is the
fact the Maurer company sold the
land, as it was generally supposed
the firm held the property for their
brick business as 1t contains some
of the finest clay in this section.
The announcement that local men
had purchased the property was
made yesterday by City Attorney
David 7. Wilentz who acted for them
i'll the transaction. Judge Thomas
Foster of New York City repre-
sented the Maurer company. AL
though the purchase price was not
officially made public, it is reported
to be in the neighborhood of $4,000.
From what can be learned at this
time the transaction has been pend
ing for some time, the buyers real
izing that an excellent opportunity
presented itself for the development
of the property, due to the fact the
property on Amboy avenue across
from the land just purchased is
entirely developed and that south of
Krockmally avenue also. There are
many people, it is believed, who
will be anxious to obtain homes on
the new site and it is realized by the
developers that the new Hall ave-
nue. school which is now under
construction will make the property
much more desirable than any that
has been in the section in the past.
1t is the plan of the new owners
to cut the tract up into 500. build
ing lots and extend many of the
city streets, which now end at Am
boy avenue, over into the new prop
erty. They also plan to cut through
many new streets, and the present
intention is to name these streets
after soldiers from this city who
died in France.
One of the first Improvements the
new owners have contemplated is
giving the city enough land to widen
Watrous lane, so it may be made
into a regulation street. 1t is also
understood the owners look with
favor on the extending of Cleve-
land avenue across their property as
planned by both the State Highway
Commission and the City Plan Com
mission and the tendency at the
present time is to arrange with the
State Highway Commission for the
carrying out of these plans. 1t is
expected that the active work of
laying out the various streets and
lots on the development will begin
within the course of a few weeks.
Other interesting real estate
transactions which have been re-
ported during the past few days
follows:
other Real Estate Deals
Title was passed in the office of
; Judge C. c. Hommann Monday af-
ternoon in the sale of the building
| formerly occupied by the City Nat
ional Bank at 180 Smith street and
known as the Floresch property from
| the Perth Amboy Trust Company to
Ludwig Wolff In the transaction
Judge Hommann represented the
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