Leonia Local Information

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Welcome > Local Info > Welcome ...

Before you buy or sell...See what has been sold.
Click here for SoldHomesReport for 2007 in Leonia

Welcome to Leonia.....

While most towns in the northeast New Jersey are being urbanized rapidly, the residents of the tiny borough of Leonia fight to keep its open spaces and true "bedroom community" style, warding off the high-rises found in its neighboring town of Ft. Lee.
Leonia Schools include Anna C. Scott Elementary School (K-5), Leonia Middle School (6-8), Leonia High School (9-12) and Early Childhood Center for preschoolers. Academically Gifted Programs and English as a Second Language are offered, as well as After School Enrichments and After School Day Care. Each school has an active Home and School Association.

Leonia is the home of Overpeck Park which features a top-notch golf course and where hundreds of people exercise, picnic, bicycle, rollorblade, jog, play tennis and toss frisbees.

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School Reports in Tenafly, Closter, Demarest, Cresskill, Haworth, and Englewood Cliffs, New Jersey

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Schools in Tenafly, Closter, Demarest, Cresskill, Haworth, and Englewood Cliffs

Tax Considerations >Tax Rewards for Homeowners

The Federal Tax Code has significantly improved the American taxpayer's ability to profit by selling a principal residence. Prior to 1997, homeowners could take advantage of a tax benefit termed the "rollover", which granted exemption from capital gains taxes on the net profit from the sale of a home. Homeowners who used profits to purchase a bigger and better home did not have to pay tax. And homeowners over the age of 55 were given a once-in-a-lifetime exclusion from taxes on profits of up to $125,000 on the sale of their principal residence.

Compare those tax breaks with our current, streamlined and potentially more profitable arrangement that replaced both the rollover and the one-time exemption. If you are a married home-seller filing jointly, you may enjoy up to $500,000 in tax-free home sale profits, provided you have occupied the property as your principal residence during two of the last five years. Taxpayers who file singly get a $250,000 capital gains exclusion. Homeowners are eligible to exclude capital gains on the sale of a principal residence as often as once every two years.

The law allows capital gain exclusions whether you "buy up" to a more expensive home or "buy down" to a less expensive one. The tax-free dollars can be used in any way you want. Consult your tax advisor for detailed advice about your particular circumstance.

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Q	What area in the U.S. is known for its pre-civil war mansions?
A	Natchez, Mississippi boasts over 500 pre-civil war-style mansions; many are open to the public as museums.
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All Real Estate Agents are NOT alike!.... Find out why I'm #1 Agent in Tenafly.... Call us: 201-227-2045.

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Alicia and Eli Jacubovich
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Tami's Team, REALTORŽ, real estate agents and broker for Tenafly, Closter, Demarest, Cresskill, Haworth, and Englewood Cliffs New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)

Tami Rapaport's Team
Coldwell Banker Residential Brokerage
130 Dean Drive
Tenafly, NJ. 07670
Direct Line: 201-227-2045
Cell: 201665-5558
201-567-7788 ext. 127
Fax: 201-567-3220
Email: Tami@TamiRapaport.com
Tami Rapaport, a President's Premier Agent with Coldwell Banker (top 1% of the highest sales within the company internationally) has been ranked #5 in 2007 out of 3,800 Coldwell Banker agents throughout the entire state of New Jersey.... Tami is the only Realtor in Tenafly to achieve Eastern Bergen Board’s Platinum Level Circle of Excellence Award 6 years in a row (2002 – 2007) Additionally, Tami Rapaport has been named the Tenafly office Salesperson of the Year for 2007.........an honor she has received consistently for the past 9 years.

"Tami's level of commitment is incomparable. The honors she continues to earn are a reflection of her dedication. She knows the market, she listens to her clients and she delivers as they have come to expect her to." Karen Murphy, Coldwell Banker, Tenafly Manager

“To produce so impressively in a changing and always competitive market is a testament to your ability in business and your effectiveness at encouraging trust and enthusiasm among customers. You are a credit to our profession, a prime resource for your clients and a valued member of the NRT family. I thank you for your effort and wish you all the best in future success.” Bruce Ziph, President and CEO, NRT Inc.

“Thank You for following through on all the details throughout the closing! We really appreciate your hard work in getting this deal done!” David Kevorkian, Seller of a Tenafly home

“Thank you for all your efficient services. I appreciate you!” Ann Davis, Landlord of rental home in Haworth

Look for weekly update of homes sold in different towns throughout Bergen County. Join our mailing list and you we will sent you a free list of sold homes. Go to www.SoldHomesReport.com

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