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Shannon Aronson
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Welcome! Here You Can Find Great Information on Millburn-Short Hills, Summit, Maplewood, South Orange & Livingston, New Jersey Real Estate  Looking for homes? Search everything the web has to offer, right here! Don't miss my Feature Homes. Need local real estate information? I've summarized much of what is important about the Millburn-Short Hills, Summit, Maplewood, South Orange & Livingston real estate market in this site. Need expert advice? No web site, large or small, can take the place of a top real estate agent. Not even mine! This site is filled with ways that you can contact me for one-on-one expert help and advice. That's my job. Contact me with confidence! I guarantee your privacy will be respected. And I offer the services on this site for free and without obligation. Why? I want to be YOUR real estate agent. As your trusted, professional real estate partner, I will help you find the best home in your area within your price range. And together we will sell your home, for as much as the market will bear, and as quickly as possible. Buying and selling a home is one of the biggest events in your life. As a top Millburn-Short Hills, Summit, Maplewood, South Orange & Livingston real estate agent, I have the experience and track record you are looking for. Please let me help. - Shannon Aronson
This unique, breathtaking 2003 Colonial, sits atop almost an acre of land. This home has every conceivable luxury added to make this the perfect retreat for even the most sophisticated homeowner.
The beautiful kitchen features custom cabinets, granite countertops, and high-end appliances (Dacor, Subzero). The butler's pantry and 2 dishwashers make this kitchen any cook's dream.
The kitchen and breakfast room overlook the inviting great room and the enormous backyard. This is a perfect place for long weekend brunches and entertaining in casual or formal style.
The master bedroom suite is palatial. It has a large sitting area, a cavernous walk-in closet, a second walk-in closet, and a truly elegant master bathroom.
This house offers an unbeatable combination of comfort, space, luxury, property and value.
If you would like more information about this home, any other home in this area or listing your home please contact
Shannon by phone at 973-214-0691.
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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 |
What recent hit movie features a field trip scene that supposedly takes place at Columbia University in New York?
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The scene in the movie "Spider-Man", where Peter Parker shoots photos of Mary Jane and is bitten by the spider, was actually filmed in the Museum of Natural History in Los Angeles, California. |
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