All real estate agents are NOT alike! Find out why we are top real estate experts in all of the Pascack Valley, area. Call us direct: 201-218-6802.
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|  | | | " Welcome to Emerson " | |
About the Surrounding Pascack Valley Area Towns
Having both been raised in the Pascack Valley area,we both have deep roots and a wealth of background knowledge and information about the Pascack Valley area towns. We are happy to offer you an insider’s view of living in the beautiful Pascack Valley area.Below is a brief snapshot of the town of Emerson. Feel free to ask us questions by e-mailing us at:HammersTeam@number1expert.com
 Emerson -
The picturesque town of Emerson is the quintessential Suburban Community. Its closely knit population truly deserves its reputation as "The Family Town". Like so many of the Pascack Valley towns, the town center revolves around it's transportation link to NYC with a quaint Train Station and strip of shops and Restaurants. The quaint town center of Emerson Train Station is also the home of "The Cookie Cupboard". Here you can order specialty cookie platters and gifts.
No need to leave town to enjoy dinner. This small town offers many culinary choices starting with the popular Emerson Hotel with it's quaint Victorian structure located across the street from the Train station. 
The small town is sandwiched between two Golf Courses. The Hackensack Country Club sits on the Soldier Hill side of town while the Emerson Golf Club borders the Oradell Resevoir.
The town main strip is currently undergoing many changes with an updated New Emerson Pharmacy, affordable Senior Housing Complex as well as the strip mall on Kinderkamack Road. This mall promises to be a super convenience to the local residents of the Emerson community which will include a Super Stop n' Shop.
The Emerson Schools are highly rated and enjoy a rich Sports program.
Tax Considerations >Tax Implications of Selling Your House Most of my clients profit from selling their homes, and they often have questions about capital gains tax.
When you sell your primary residence, you are not taxed on your profit if (1) you have lived in the home for two out of the last five years and (2) your gain does not exceed $250,000 as a single taxpayer or $500,000 as a married couple filing jointly. Gains above these limits are taxed at the current rate of 15% for higher income taxpayers and 5% for lower income taxpayers. In 2008 the 15% rate will continue for higher income taxpayers; while the 5% lower income rate will drop to 0% for the 2008 tax year only. On January 1, 2009, the long-term capital gains tax rates will once again be 15% and 5% through 2010.
Homeowners can use this tax-free provision every two years. As set forth in the American Job Creation Act of 2004, properties converted from a 1031 exchange property into a primary residence must be held and used as a primary residence for at least five years to qualify for the tax exemption.
Consult your tax accountant for more detailed information regarding your particular circumstance.
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What criteria determines the hottest real estate markets?
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Job/personal income growth; population/household growth; housing affordability/appreciation; and current inventory of homes for sale. |
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