New Jersey's 07620 Jumps to the Top of the Most Expensive Real Estate List

Last year, sellers in Alpine N.J., took their lumps like the rest of those trying to unload their properties in today's real estate market. The borough (population: 2,200) saw sales volume plummet by nearly half. Only 19 homes were sold between July 2006 and June 2007, compared to 36 the year before. A bad year for Alpine? Hardly. Though sales were down, values went up. The area's median home sale price jumped $1.06 million to $3.4 million. That's enough to place the northern New Jersey ZIP...Full Story
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