Many Caldwell residents gathered on the Green on July 14, 1974 to watch fire fighters battle the fire that destroyed the beloved Park Theater. The Park Theatre was a movie theatre which showed films, cartoons and newsreels. It was built along the lines of a traditional movie palace, with a large first floor seating area and another large seating area on a balcony level. Several shops occupied a central lobby area including a typical soda fountain/luncheonette. In later years, a typical outing consisted of a triple play (meaning that the customer paid one price, usually $4.00 to see three feature length films at one sitting). The last movies ever to run at the Park , visible on the marquee in this photograph, were Woody Allen’s Sleeper, Bananas and What’s up Tiger Lily .