Provisions Of New Tax Rules For Home Sales
Harry A. Willson of the New Jersey Association of Real Estate Boards explains Section 141 of the Internal Revenue Code. Under rules, persons aged 65 or older who sell their primary residence and meet the use test may exclude gains up to the adjusted sale price if within limits. If the sale exceeds $20,000, only part of the gain is exempt, with specifics shown by example. The exemption applies once in a taxpayer’s life, and the five-of-eight-year use must be met, with survivor rules for widows or widowers aged 65 or over.
MENTIONED IN THIS ARTICLE
Harry A. Willson
Jra
New Jersey Association of Real Estate Boards
Willson
National Association of Real Estate Boards
Army Heads Youth For Special Work Enlistee Named
Sergeant First Class John R. Molinaro announced the enlistment of Alexander Lebowitz in the Regular Army under the Graduate Specialist Program. After Basic Combat Training he will attend a 16 week Electronic Devices Repair course at Fort Gordon Georgia. He is the son of Mr and Mrs Roy Lebowitz of 145 Baltimore Avenue Hillside.
MENTIONED IN THIS ARTICLE
Glass John R. Molinaro
US Army
Alexander Lebowitz
Army
Southeastern Signal School
Fort Gordon
Georgia
Alex
Alexander
Roy Lebowitz
Baltimore Avenue
Hillside
Orland Florida
Howard Savings Reports Gains in Newark 1964
The Howard Savings Institution in Newark reports mid year deposits of 545,442,219.85 and a gain of 40,981,803.38 from the earlier figure of 504,460,416.47 as of June 29, 1963. Assets rose to 603,904,768.75 with mortgage loans totaling 417,172,675.68 in New Jersey, while United States and State obligations and other assets are itemized. The bank, the 17th largest mutual savings bank in the U.S. and the largest in New Jersey, operates six Newark offices including a Weequahic branch opened March 18, 1964, plus locations in South Orange and North Caldwell.
MENTIONED IN THIS ARTICLE
Newark
N.J
Howard Savings Institution
Howard
John W. Kress
United States
New Jersey
Mutual Savings Bank
Weequahic
South Orange
North Caldwell
Watchung Troop Open Registration for Riding at Summit
Union County residents nine and older may join the Watchung Troop at Watchung Stable Summit starting August 1. Non residents may register August 8. The 1934 troop plans a September 8 season with 650 members, offering novice to advanced squads and weekly ten sessions. Senior Troop for 13 and up requires prior experience and provides fifteen hours of instruction. Contact Robert J. Lullin, Watchung Stable, Summit.
MENTIONED IN THIS ARTICLE
Union County
Watchung
Union County Park Commission
Glenside Avenue
Summit
Robert J. Lullin
Watchung Stable
Summite
Union County Amateur Swim Meet at Rahway Park Pool
The 8th Annual Union County Meet will be held August 19 and 20 at Rahway Park Pool with women's events first then men's. Open to county amateurs and residents, 50 cent entry per event, two events per swimmer plus diving. Events include 25 and 50 yard free, back, breast, butterfly and diving. Prizes awarded to top three. Entries close noon August 17 to George T. Crow, Union County Recreation.
MENTIONED IN THIS ARTICLE
Union County
Rahway Park
George T. Crow
Union County Park Commissions
Union County Park Commission Administration
Warnanco Park
Elizabeth
New Jersey
Warns On Collisions Of Bicycles Autos In New Jersey
New Jersey Safety Council reports bike motor vehicle crashes claim nine cyclist deaths year to date, three last year, with six and a half months matching last year’s full toll. Eight victims were 15 or younger. over five years 51 of 63 deaths and 5,921 of 7,181 injuries involved under 15. Parents urged to teach safety and enforce rules as 70 percent of injured or killed riders violated practices and defective bikes contributed in about one-fourth. Lack of headlights and rear lights are common night crash causes.
MENTIONED IN THIS ARTICLE
New Jersey
New Jersey Safety Council
Council
Younsters
Complete Summer Work At College Thirteen Hillside
Hillside residents join 560 students finishing summer studies at Union Junior College on Friday July 31. The six week session draws learners from 88 New Jersey communities across Bergen Essex Hudson Hunterdon Middlesex Monmouth Morris Ocean Passaic Somerset and Union counties. Among them 185 come from over 100 colleges nationwide 215 are regular Union Junior College enrollees and 157 are first time college students. All courses run in the evenings with forty freshman and sophomore subjects offered. An intersession from August 3 to 28 adds six courses Chemistry 104 French 102 German 102 Physics 204 Spanish 102 and Spanish 104, also in the evenings Monday through Friday.
MENTIONED IN THIS ARTICLE
Hillside
Union Junior College
Ll New Jersey
Bergen
Essex
Hudson
Hunterdon
Middlesex
Monmouth
Morris
Ocean
Passaic
Somerset
Union
Union Ju
Nior College
Bicycle Safety Rules and Common Violations Cited
The Safety Council outlines state bicycle regulations including night lights front white rear red visible 500 feet, a bell audible 100 feet, and prohibiting sirens. Gyro brakes must skid on dry pavement. Ride right, pass carefully, keep feet on pedals, stay within capacity, ride single file on bike paths, and ban drafting or luge-like towing.
MENTIONED IN THIS ARTICLE
The
Safety Council
Mrs. Owen Retires From Prudential
Hazel I Owen of 1139 South Long Aves Hillside retires from Prudential Insurance after 40 years of service. She led the telephone exchange for 24 years and joined in 1924 as a switchboard operator. Her husband Frank Owen works in building maintenance for the company.
MENTIONED IN THIS ARTICLE
Hazel I. Owen
South Long Aves
Hillside
Prudential Insurance Cos
Owen
Prudential
Frank
Five From Town on NCE Dean List
Newark College of Engineering released the list of 639 students earning honors for the term ending June 1964. Five Hillside residents made the dean's list, all meeting the B average and course-load requirements. Honors covered 190 evening and 449 day division students.
MENTIONED IN THIS ARTICLE
Newark College of Engineering
S. J. House
NCE
Hillside
Harvey M. Berstein
Salem Aves
Harry C. Lee
Looker St
James R. McVey
Prospect St
Ronald W. Poinsett
Hiawatha Ave
Steven M. Rohde
Bailey Avenue
Don’t Mention It There’s a Reason Reads Wide Eyeing Notice
A private note circulates in the newsroom urging silence on a sensitive matter. Officials decline to comment while readers speculate about the concealed rationale behind the phrasing and the potential impact on ongoing reporting.
Hillside Times catalog and publishing details 1964
The Hillside Times weekly edition lists its publication data at 1443 North Broad St Hill side New Jersey with July 30 1964 issue details. It shows subscription price 3 50 per year nationwide and single copy 10 cents with second class postage paid at Elizabeth New Jersey.
MENTIONED IN THIS ARTICLE
Hillside Times Publishing Cos, Inc
North Broad St
Hillside 5
N. J
United States
Elizabeth
Salem Pharmacy Ad at 1201 Salem Ave Cor Cory Ave
Local pharmacy listing for Salem Pharmacy at 1201 Salem Ave appears with contact number EL 2 4230. Prescriptions called for and delivered by Philip Weinick, pharmacist. Services highlight delivery and order taking.
MENTIONED IN THIS ARTICLE
Salem Pharmacy
Salem Ave
Cor Coe
Philip Weinick
Also Mentioned on This Page
George Jepson
Governor Morris Hotel
Morristown
Disneyland
California
Indianapolis
Indiana
Greenfield Village
Dearborn
Michigan
Broad Street
Sidney T. Holt
U.S.G
Est
Room
Broad St
Cor Market Sty
Public Service Electric and Gas Company
Posen
Wmn
Howard Savings Reports
Phil's Barber Shop
Liberty Ave
Acme
Fast Baer Oven
Dominick F. Peter Paul
Joseph Napolitano
Bloomfield
Unico National
Villa Roma
Mrs. Owen
the Hillside Times
Berkeley
Berkeley Savings
U.3
State of Israel
Lyons Ave
Bergen Street
Chancellor Ave
Cor
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