Asbury Park Press from Asbury Park, New Jersey • Page 23

ACTION DIE THURSDAY ASBURY PARK EVENING PRESS, June 14, 1963 23 REAL ESTATE REVIEW Levitt Seeks Listing On American Exchange HOMES FOR AMERICANS sere- ma i 1,1 -m r-i-T QD LEVITTOWN Levitt and Son Inc. has applied for listing on the American Stock Exchange. It-stock is now traded over the counter. The Board of Governors of the American Stock Exchange is scheduled to act on the application at its semi-monthly meeting Thursday in New York City. The Levitt firm will celebrate its 34th anniversary this August.

The firm launched a major expansion and diversification program in 10. At that time it was building only at its headquarters location in Levittown, N.J. Today, the company has current or immediately projected branch offices in seven locations in the United States and overseas. Building in N.J. Levitt is builrling residential communities in the metropolitan New York area at Strathmore at Matawan, in Matawan Township; at BeLair in Bowie, and at Levittown.

Work has begun on the initial units in a community near San Juan, Puerto Rico. In Europe the company is active in multiple housing in metropolitan Paris where six projects have been started five in the city, one just outside. Levitt and Sons Inc. was founded by the late Abraham Levitt and his two sons. William and Alfred.

Until World War II. the company built semi-custom homes on the North Shore of Long Island and in Westchester county. Strathmore Bath, Tennis Club to Open NEW APARTMENTS Workmen are putting the finishing touches on Emory Park Apartments, a 12-unit two-story building at Deal lake drive and Emory street in Asbury Park. Deal Lake Towers Paramus, headed by Richard Poley, built the apartment house. The apartments are three-room units.

Off-street parking is provided. The company brought mass promotion techniques to the building ndustry with the creation of Levittown. Long Island, a community of 17.447 houses, built between W7 and 1952. Levittown, followed with 17.311 homes built between 1952 and 1958. Levittown, X.J., where more than 5.000 of the planned 12.000 homes have been built and occupied, was begun in 1958.

For the fiscal year ended February 28. 1963, Levitt and Sons reported net profits of $1,389,000 or 46 cents a share, an increase 9f 58 per cent from the profit of $878,000. or 29 cents a share reported for the previous year. The company's stock was first offered publicly in 19HO. Authorized are 5.000,000 shares of capital stock with a par value of 70 cents per share; issued and outstanding are 3,000,000 shares.

New Project In Matawan Set to Open MATAWAN Aberdeen East, a new Gold Medallion garden apartment community, opens this weekend on Aberdeen Road here. The 240-unit project will have complete underground utility wiring. Builders Arthur Goldberg and Paul Waters are offering 165 one-bedroom units and 76 two-bedroom apartments with monthly rentals starting at $118. The community will include 19 buildings designed by Gerber and Pancani, Newark architects. The colonial style buildings will be of rose blend brick with colonial exterior trim and lighting fixtures.

The apartments have been planned with a density ratio of 12 families to the acre. A recreational program including a 1,800 square foot swimming pool, separate children's pool, and tennis, shuffleboard, basketball, handball, and volleyball courts is also planned. All utilities will be operated electrically. The one bedroom apartments include a 20-by-13 foot living room, 13-by-ll foot kitchen-dining area, a 13-by-ll foot bedroom, and a ceramic tile bath. Features of the two-bedroom 21-7' SiJf 12-8H-j 16-8" room "Jr Itffir vr -7'U master Ai SPR-: I bedroom rtcheinin? A- H-oMi-o" nnrnna 2 Qfl ft) "'LJ.

I rv4 family bedroom bedroom room 7 w.6' Irn 4, qi I porch iiiiij i 1 RUSTIC HOME Cross-shaped intersecting roof line emphasizes the rustic beauty of this' handsome home. The interior features a sunken living room which extends beyond the rear walls allowing windows on three sides. Basic house is 1,315 square feet plus a 281 square foot garage, 124 square foot porch, and 998 square foot basement. For more information write Readers' Service, Asbury Park Press, Press Plaza, Asbury Park, N.J. area, and large storage space on the second floor.

The homes, situated next to the Wall Elementary School, are being built by Robert Furlong, Sea Girt. Prices range from $21,900 to $25,900. (Press Photo) AT SCOTT FARM The Captain's House is one of four models on display at Scott Farm, a community of early American homes on Glendola-Allenwood road in Wall Township. The model includes four bedrooms, two full baths, garage, living room, utility room, dining-kitchen To 18 Buyers Use PRESS Classified Ads For Ladies-Let Men Do no more eoLfwm ing new ranch, split level and two-story models with a minimum ot four bedrooms and 2 baths each. Prices start at Advertisement From the Research Laboratories lor cornel new discovery, to good It's New Model In Debut At Lagoon Unit STAFFORD TOWNSHIP The Riviera Continental, a new expandable Cape Cod home, debuts New Chemical Phenomenon Ends iWv unit include a 20-by-13 foot living room, 16-by-9 foot kitchen, a 13-by-13 foot master bedroom, and a 9-by-12 foot bedroom.

The one- bedroom unit includes five closets, and the two-bedroom, six. Some apartments also offer private rear doors to lawn area. R. C. Reinhold Co.

is the rental agent. Commercial Mortgage. Company is right Broktrt Buytn Atterntyi 1 vfiriy Floor Waxing Forever MATAWAN TOWNSHIP The Strathmore Bath and Tennis Club, a new 84-acre recreation facility, opens tomorrow at the Strathmore at Matawan community here. Matawan Mayor John Marz Jr. will officiate at ribbon-cutting ceremonies.

Built by Levitt and Sons Inc. as part of the project, the club will be turned over to a membership corporation on a nonprofit basis after a full membership of 750 families is reached. Dominating the site is a modern club house with a modified A-roof and an exterior of early American brushed cedar and stone. The building was designed by John F. Sierks.

The club's Z-shaped swimming pool is 160 by 80 feet and is designed with separate areas for diving, racing and free swimming. The pool has two 1-meter and one 3meter diving boards. A separate children's pool is 45 by 30 feet. The club grounds include six all-weather tennis courts, a picnic terrace, play areas, and off-street parking. For the first season, Levitt and Sons has employed Romac Management Inc.

of Hanover to operate the club. Frank Zampello, newly appointed principal of Keyport High School, has been named manager of the club, and Homer Gerlufsen, director of music in the Keyport schools, has been named assistant manager. 160 Homes Sold NEPTUNE Sales moved to the 160 mark as a result of weekend activity at the Sunshine Village community on Wayside road just south of Route 66. Edward Schwartz, the builder, said 225 homes are planned for the first three sections. ffnrn COMMERCIAL MORTGAGE COMPANY the Job ing it on fishing rods, golf clubs, tennis rackets, until he finally says, "look, I'll do all the paint ing around here." Wait until he's rented the floor scraper for the weekend to tell him that your bursitis is kicking up.

He'll either take over or see the money go down the drain. Dizzy spells come in handy when it's time to wash the windows. When the faucet leaks, take it apart and then tell him you don't know how to put it back. Give him the king-size superlatives when he does a job, and reward him with an unforgettable meal, adding "that it's so nice to have time to whip up something good." Any subterfuge you may use in accomplishing Project: Manat-work is permitted. Doctors advise that men need more exercise, and it should be the duty of every good housewife to pro vide it.

Even if she must create the situations that will encourage him to leave his favorite chair. 40 Families a Week Moving Into Project MATAWAN TOWNSHIP Families are arriving at the rate of 40 a week at the Strathmore at Matawan community, according to Levitt and Sons, the builders. Because of the backlog of sales, some of the new residents have waited more than a year to move into their houses, a spokesman for Levitt said. 972 Broad Street, Newark Homes Delivered MIDDLETOWN TOWNSHIP -Homes have been delivered to 18 of the 27 buyers at the 65-house Fox Run community on Wallace and Bamm Hollow roads off Route 35 in Middletown. Builder David Shane and Marvin Stoloff of Lincroft are ready- with all types of Mortgage Loans Uttd mortgogs: Fait? Try 2, N.

J. MArket 2-5959 (HIOGO GH BONUS FEATURE! all' these included ot NO EXTRA COSTI APPLIANCES RCA DISHWASHER RCA 13 eu. ft. REFRIGERATOR RCA OVEN I RANGE RCA AUTOMATIC WASHER RCA AUTOMATIC DRYER RCA WATER HEATEJt Advertisement the Missile end Spec InduitHei almost unbelievable. and heavy foot traffic, the ure-thane finish was still intact, with Its original high gloss unmanned by the exposure.

By comparison, high-priced, nationally known, clear floor coatings, exposed to the same conditions at the same time, disappeared almost entirely in the first four months. Your floors will be water proof, pet-proof and baby-proof, extremely resistant to spilled Juices, boiling water, acids, oils, greases, alkalies, fumes, gases, all types of soaps and detergents. Dries dustfree in less than 60 minutes, will not chip, peel, crack or blister. Its non-slip gloss is extremely high, without dulling or yellowing with ageing. PORSELON PT-100's exclusive formulation, fortified with TYZOR and ZALBA.

wonder chemicals from DuPont, provides color stability, film toughness, abrasion-resistance. Tests in DuPont laboratories have proven an Increase in film life of more than 20 times. There is virtually no limit to what you can coat with PORSELON PT-100. Something wonderful happens when you apply it, interior or exterior, to wood paneling, siding, cedar and redwoods, boats, fiberglass, furniture, bars, swimming pools, damp basements, patios, garages, silos, asbestos shingles, masonry, metal, stucco, brick, concrete, trucks, tanks, farm machinery, equipment, and any one of hundreds of other surfaces. PORSELON PT-100 Is available In "Crystal White, Black and 12 beautiful colon with a 5 year Life expectancy.

For a Limited Time Only, you can get $1.00 off on a quart just $2.40, instead of the Regular Price $3.40. Protex-A-Cote makes this Special Offer to en- able you to lest ruKStLU. PT-100 for 30 days and judge for yourself its wonderful value and performance. You must be lOOT'o satisfied, or your Dealer will refund your money in full on this offer, cheerfully and immediately. Note: Limited to ONLY ONE Trial Quart per family, with this ad.

Clip this advertisement right NOW while it's still fresh in your mind. (TYZOR and ZALBA art registered T.M. of DuPont.) Our only Authorized Dealer in the Asbury Park Area is AP Newsfeatures It's time to put the men back at the plow, and turn in your work permits, ladies. A frustrating aspect of a home is that there are chores. But fewer and fewer men are doing them, as more and more women take on man-sized jobs painting, plastering, building, plowing.

Modern machinery that makes these tasks easier has put women in overalls and on tractors as they thrived on compliments. But flattery has gotten her no place as she labors in the sun or a damp cellar, while the man of the house Is fishing, golfing or lounging In the hammock. How to get the man back to the workbench? You can take either a positive or negative approach. Confront him with situations that can be solved only by his manly skill or affront his intelligence sot hat it hurts. Wash those logarithms right out of your head, and forget you ever knew how to compute the lumber needed for that screened-in porch.

Take your bows on the strawberry mousse. Try to maintain his growing suspicions that you are not as bright as he thought you were. Dangerous, maybe. Could be the house will blow up, if he allows you to continue to repair the water pump; When the time comes to remove the wallpaper at the stair-well, balance the ladder precariously, and leave it there teeter-ing, until he returns from work. Ul real insurance savings for the careful liortis owner 46 A Year Buys ALL THI5 (in Average Communities) $14,000 On Your Horns 5,600 On Your Contents $5,600 Theft Coverage $2,800 Extra Expense $25,000 Liability Coverage 500 Medical Coverage 250 Property Damage 50 Glass Coverage Plus Additional Coverages (Brick Bsmei Slightly Cheaper) Wont To Know More? CALL NOW! PRospect 5-3300 T.

FRANK AGENCY, Inc. MAIN ST. MATTISON AVE. ASBURY PARK, N.J. this weekend at Beach Haven West, lagoon and waterfront community situated off Route 72 on Manahawkin Bay.

Jerome and Herbert Shapiro, the builders, said the model is designed to allow for three additional bedrooms, a library-study, and a bath in the present attic space. The Continental, built on a lagoon lot, features two full bedrooms, a mahogany paneled living room and dining room, a kitchen with breakfast nook, and a rear patio. The builders are sons of the late M. L. Shapiro, who began community development in this area during the winter of 1926.

The farriily has been responsible for the construction of almost homes since that time. To date approximately 600 families have moved into Beach Ha ven, West. All homes are situated on lagoon lots, all of which have depth enough for the navigation of sea-igoing yachts. DEER HOLLOW NEARS SELLOUT TOMS RIVER-More than half of the homes sold at the 100-house Deer Hollow Estates on Route 37 are already occupied and at least a half-dozen more buyers will be moving into the tract this month. Builders Joseph Freistat, Sheldon Freistat and Joseph Frontera have delivered homes to 48 buyers.

They list 86 sales. The tract offers models in ranch and bilevel design priced from $13,450. Crystal and Okun, Asbury Park realtors, are in charge of sales. UU14 ASSOCIATION Carlict Fiihtr NEPTUNI UN Newark, N. J.

(Special) Probably the most wasteful, time-consuming chore In every household, is the arduoun, weekly ta of a woman bending over, scrubbing, waxing and huffing her floors. Modern homes, with their vast expanses of asphalt tile, vinyl-asbestos tile, rubber tile, linoleum and areas of wood floors, In living rooms, kitchens and game rooms, virtually chain the housewife to her wax applicator and buffing machine, for hundreds of dreary hours of body-grinding drudgery. Some years ago there was not much that could be done to eliminate this weekly drudgery of floor waxing and buffing. Things have changed, however. There Is now available In this area, a new chemical phenomenon.

A crystal clear, liquid plastic polyurethane coating, manufactured by Protex-A-Cote, that can be safely and easily applied by use of a lamb's wool applicator, brush or a spray to all types of floors such as: asphalt tile, vinyl-asbestos tile, rubber tile, linoelum, composition flooring, terrawo, concrete and to hard and soft wood flooring as well. The name of this back-saver Is POFISELON PT-100, and it is manufactured by the makers of protective coatings for the Polaris, Talos and Minuteman missiles, as well as Polaris submarines, highways, bridges, airports, missile bases, General Motors, Ford Motor General Dynamics, Westlnghouse, Republic Aviation, Grumman Aviation, Esso Research, ITT Telephone Telegraph, Lehman Bros. Properties, Proctor Gamble, Waldorf-Astoria Hotel, etc. Now for the first time In history, you can take the drudgery out of floor waxing and polishing, forever. PORSELOV PT-100 imparts a high gloss mirrorlike, non-slip, long-lasting finish that npvpr has to be waxed or polished.

An occasional swish of a damp mop keeps your floors sparkling clean. At first, PORSELON PT-100 was sold only to Industrial and commercial users. In one test application, a clear urethane finish was applied to 30,000 square feet of wood flooring In a chemical plant. A year later, after having been continually subjected to steel-wheeled fork-lift trucks and daily wear by 10,000 carts, chemical spillage Look hurt when he asks if you've lost your mind. And when you're out on the mower-traetor-plow that he generously bought you for your birthday, mow down a patch of the asparagus bed or the bee balm he's saving for his favorite birds.

It should make a quick incision, worth the pocket-book loss. When he's invited the boss for dinner, neglect the front lawn. He may mow it in self-defense, especially when you tell ham that it's the lawn or the dinner as far as you are concerned. A pile of leaves left in the yard can cut him to the quick, but he'll move them before his guest arrives. You can win a lot of points by becoming a sloppy painter, splash- Seashore Sales At $785,600 POINT PLEASANT Sales to taling $785,600 have been negotiated by members of the Seashore Multiple Listing System Inc.

since Jan. 1, according to Gordon Homer, president. Mr. Homer said at a recent meeting that there are now 408 properties listed for sales with the system. He also noted a gradual increase in property owners' participation in the system.

NEW PROJECT TO OPEN SOON BERKELEY TOWNSHIP Three models are being readied for the opening later this month of Sylvan Heights, a new community on Route 9 in Bayville. Builder Fred Winrock ot Staten Island, N.Y., will offer the Barnegat ranch, the Bayville ranch, and the Berkley bilevel models. The community is planned for 450 homes. The houses will be priced from $9,990. Mr.

Winrock said he would build the homes on plots averaging 80- by 120-feet in a heavily wooded area which has city water. The ranch models will include three bedrooms and one will feature a family room. The bilevel will have eight rooms, including four bedrooms, and will feature a recreation room. GOTO ae VI I cm II UACKSON -a 1 HOME MORTGAGE LOANS available to Buyers and Builders No Red Tape Low Costs No Delays 1 1 ROOM BI-LEVEL-4 BEDROOM CAPE COD RAMBUNO RANCH Ouorlr Acre lol, landscaped ond ieded All tity utiliii CITY WATER CITY SEWERS GAS ELECTRICITY Rovtd Rood Sidtwalkt in and paid for Ntw modern tchooli Shopping Rtcrtolion ntarby School bus from your door Only 79 Minulti to Ntw York City. Dirrrtloni: From Asbury Prk take Garden State Parkway south to Exit (1 then Route 528 west approx.

miles to New Prospect Rd. turn ruzht 2''a miles to models. Follow road aijn. Express commuter busses stop at property and speed you to N.Y.C. In 79 minutes, in arm chair comfort.

TUT I-! i I I l-saB- 1 NEW JERSEY JERSEY REALTY AGENCY SALES AGENTS Phone MU 7-91)0 MODUS OPEN DAILY MD LOAN Cookman ot Grand ASBURY PARK Smock Hardware Garden Center 2nd Avenue at Railroad Asbury Park Phone PR 5-2626 Open Doily to 6, Fri. Eves, to 9.