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There are always important changes happening in the real estate market, locally and nationally. These changes can affect YOU.
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Before you buy or sell...See what has been sold.
Click here for SoldHomesReport for 2007 in Harrington Park
Welcome to Harrington Park...
A picturesque residential town with a population of 4,740, located 21 miles from NYC.
Parks and Recreation: There are tennis courts, an outdoor skating rink, ball field and playground located on Blacch Ave. The Harrington Park Swim Club, Tennis Association, Club 60 (seniors), Basketball, Soccer, Toastmaster International, Softball, Women's Club, Friends of the Library, Swim club, Garden Club, Historical Society.
Transportation: Buses: NJ Transit, Red and Tan to George Washington Bridge for Port Authority.
Houses of Worship: St. Andrew's Episcopal Church, Our Lady of Victories, Community Church of Harrington Park, Reformed Church of America. 
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Tax Considerations >Beneficial Tax Laws American tax law offers a significant capital gains tax exemption that allows taxpaying homeowners to unlock home equity and end the spiraling cycle of "investing up." First-time buyers enjoy expanded rules for Individual Retirement Accounts (IRA) and 401(k) plans, rules that allow penalty-free withdrawals to purchase a home.
Every two years, married sellers of principal residences who file joint federal income tax returns are allowed a $500,000 exclusion ($250,000 for singles) from capital gains tax. For sales that took place after May 6, 2003, the maximum capital gains tax rates for profits above the exclusion dropped from 20% to 15% for higher income taxpayers, and from 10% to 5% for lower income taxpayers.
Homeowners can now consider several new options. People who find themselves at an empty-nester stage (no children at home) in a four or five bedroom home with a large equity have been able to unlock their equity dollars, using the income to help their children buy a first home, take a luxury cruise, remodel the house or purchase a second home for vacation or retirement.
Consult your tax advisor for advice regarding your particular circumstance.
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| Q |
What is the world's oldest wooden structure?
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| A |
The oldest wooden buildings are the Pagoda, Chumanar Gate and Temple of Horyu in Nara, Japan, dating from A.D. 670.
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Bruce Ziph, President and CEO, NRT Inc.
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