The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1926-02-26
Distributing
Center
Pleasantville Again Recog-
nized by Out-Of-
Town Buyer.
New I'd. And Washington
Philadelphia Pays $4,000
for Three LOtS-COst F. p.
Gravatt $9,000-Other
Sales.

Zippler and Wooton have sold
three lots at the corner of New
Road and Washington ave. for
Frank P. Gravatt of Atlantic City
to a Philadelphia for 100000 on
ninety day cash settlement basis.
Mr.. Gravatt bought the property
through Zippler & Wootton about
two years ago for $4,000. 1t is $50
feet square. The purchaser will
use the site for a business emit
erprise. 1t adjoins Abbott's Dair-
les and the Peerless Hosiery Dye
ing Co. plant.
In discussing the transaction,
T. B. Wootton declared that Plea
santville is in a strategic location
as a distributing point for Allan
tic City, and all points on the
Mainland between Port Republic
and Ocean City and Westward to
Egg Harbor and Mays Landing.
Here is buying population of
approximately 10000. New Road
is central line of County import
ance and the Shore Fast Line will
expand with important sidings,
one of which will be for the For
est Lumber Co., although the real
object of this company is the At
lantic City market. as there are
better facilities here for distribu-
ton. Abbots Daihies, the Gulf
Refining Co., the Standard Oil,
Risley's Laundry and the Taylor
Packing Co. are among the firms
which have already taken advan-
tage of the distributing center.
Not only will Pleasantville pro-
vide sleeping quarters for the
people of Atlantic City, but here
is the distributing point for the
entire county with resultant ben
efits to labor, banking and mer-
chandising interests.
To some the present Shore Rd.
values are astounding. Property
is selling at from $1,000 to$2000
per front foot. The reason for it
is simple, MI. Wootton explains.
The Shore Road is a shopping
street with not less than 10000
a0e9ls4atGr draw from. Mass.s;g;; . .is,l
a dozen chain grocery stores are
located here in recognition of the
trading volume. Experience of
merchants has taught them that
as against property" on Atlantic
ave-, Atlantic City at $4,000 per
front foot, property on the Shore
Road is a better investment at the
same price because oGthe number
of shoppers and the lower over
head.
The trend of home owners from
Atlantic City, Ventnor,. Margate
and Longport to the Mainland
has manifested itself in outlying
properties with the certainty of a
mathematical calculation.
One property which Mr.. Woott-
on said he had in mind is farm
on the Shore Road midway be-
tween Absecon q I'd the Seaview
Golf Club which was sold through
his firm this week for $77,500.
The client who sold the property
purchased it 6 years ago for
$4,000.
The Atlantic City Suburban Es-
tates including the farm of former
sheriff Isaac Collins, deceased,
and former postmaster John B. |
Smith, deceased, and others was
bearing crops in August 1925, and I
now few months later has three
finished city streets with gas,
water, curbs and sidewalks and a
dozen dwellings either completed
or being moved into.
Sales in the first section of the
Atlantic City Suburban Estates
amount to $150,000 and the sec
ton is practically sold out.
1t is planned to fill in along the !
front and complete Franklin Boul-
evard, surface it, build sidewalks !
and curbs and turn it over to the t
city complete. 1t will have a
width of 80 feet and connect with |
the Pleasantville-Atla City
Boulevard. 1t is planned to CO.
operate with municipalities and
Intervening property owners and
Mr.. Wootton said he hoped to see
Franklin Boulevard ready for traf-
fic through Pleasantville within
a year:
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ABSECON CITY PI AIMING