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Hillsdale Train Station
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The Hillsdale Gazebo
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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 Hillsdale. Feel free to ask us questions by e-mailing us at:HammersTeam@number1expert.com
Hillsdale -
In Bergen County, New Jersey, there is a down-to-earth residential community called Hillsdale, where families enjoy a safe, quiet quality of life. Hillsdale is a borough with a population of approximately 10,000. It has many qualities that strongly appeal to home buyers, including an excellent school system, ample recreation groups and facilities and a solid transportation infrastructure. Real estate options consist of single-family homes, condominiums and townhouses as well as limited land lots for custom building. Public schooling is provided by Hillsdale Public Schools (HPS) and Pascack Valley Regional High School District (PVRHSD). HPS operates three campuses, Ann Blanche Smith School, Meadowbrook Elementary School and George G. White Middle School. High school students attend Pascack Valley High School, which has a high success rate in sending graduates to four-year colleges. Recreation in Hillsdale revolves around organized sports for children and adults. The community has active associations for basketball, football, soccer, baseball and softball. Team play is hosted on the evenings and weekends by Centennial Field, Memorial Field, Stony Brook Park and the school campuses. For swimmers, Stony Brook Swim Club is a choice destination for exercising and socializing. The complex contains an Olympic pool, as well as pools for diving and playing. Another advantage of Hillsdale living is the regional transportation infrastructure. Commuters appreciate the accessibility of commuter trains running into Secaucus, Penn Station, Hoboken and Manhattan.
One of Hillsdale’s best known landmarks is also a connecting point between this neighborly community and the outside world. The Victorian train station at Hillsdale Avenue and Broadway was constructed in 1869 and last restored in 1997. As a stop on the New Jersey Transit’s Pascack Valley Line, the station connects Hillsdale commuters to Secaucus. From there, they can reach Penn Station or, through Hoboken, Lower Manhattan. The station is a registered national and state historic landmark.
The Hillsdale station is an anchor to a charming, historic downtown shopping district. Downtown Hillsdale is characterized by clapboard and masonry structures, accessorized by detailed cornices. The area offers a distinctive shopping alternative from the big box stores located in neighboring communities.
Most of the local businesses within Hillsdale are service oriented. These include restaurants, personal care services and travel services. The economy is further supported by nearby employment opportunities in educational, health and social services; professional services; retail trade; and manufacturing.
New residents can look into a variety of recreational groups and organizations to get to know their neighbors. Active clubs provide activities for seniors, adults and children. Youth and adult sports programs are particularly popular. Independent associations give kids a chance to play football, basketball, baseball and softball. There is also a men’s basketball league, walking club and bridge club. Home to the favorite T.V. show "Ed" the quaint town of Hillsdale has gained in popularity through the years due to the top notch school systems as well as it's accessibility to NYC. The Victorian Train Station and red brick Traffic Booth are the heart of this much sought after town. Bob grew up in Hillsdale where his Grandfather was one of the Architects of several custom homes in town in the early part of the 1900's. The highly rated Pascack Valley High School located on Piermont Avenue in Hillsdale is attended by students from the town of Hillsdale as well as the neighboring town of River Vale. Since Lisa grew up in River Vale and Bob in Hillsdale, this was where they first met. During the Summer months Beechwood Park on Hillsdale Avenue is the stage for concerts under the Band Shell as well as Ball Games and Picnics on the Field.  It's our job to know EVERYTHING about Hillsdale, Westwood, Emerson or any of the Pascack Valley towns! Ask us any question. Or request a FREE information package. There's no obligation, and we promise to get back to you quickly...
First Time Buyers >Your Principal Residence
The Federal Tax Code allows married taxpayers to exclude from capital gains taxes up to $500,000 in profits from selling a home (singles can exclude $250,000). In order to qualify for this exemption, you must prove that that the home has been your principal residence for at least two out of the last five years. The establishment of the home as a principal residence depends on the facts of each homeowner's circumstance. Here are two cases to consider.
Homeowner A has lived at 25 Pine Drive for 12 years. Although he stays at his vacation cottage in another town for up to three months out of each year (sometimes more), 25 Pine Drive is his principal residence, where he lives most of the time. When he sells the home, Homeowner A (filing as a single individual) can keep up to $250,000 in tax-free profit.
Homeowner B buys 108 Maple Street, intending to live there. He rents it out while waiting to sell his current home, where he has lived for six years. His principal residence sells at the end of two years. Homeowner B moves into his new house, lives there for three months, and then decides to travel. After a six-month trip, he regrets buying 108 Maple Street and sells it. Even though he has owned the house on Maple Street for over two years, it won't qualify as "owner-occupied", because he only lived in it for a few months. Thus Homeowner B is not eligible to claim the tax exemption when he sells the house on Maple Street.
Consult your tax advisor for advice about your particular circumstance.
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| Q |
Where in the United States will you find the largest concentration of million-dollar homes?
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| A |
There are almost 314,000 million-dollar homes in the United States, and 41% of these are located in California.
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