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