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RussianReal Estate in Alpine, Bergen County, NJ
A small upscale community in Bergen County with a population of just under 2200 residents, Alpine is known for its well-manicured big mansions situated on parcels of one or more acre lots. 07620 (Alpine, N.J.) is the country’s wealthiest ZIP, according to Forbes Magazine annual survey of the 500 most expensive zip codes, based on median house prices.
The wealthy residents of Alpine cherish their privacy and prefer collecting their mail from the local post office rather than have it delivered to them. This actually turned the local post office into the town center which otherwise does not exist.
Alpine Schools are available for children from kindergarten to 8th grade
Alpine offers minimal services to its well to do residents and balances that with a policy of keeping real estate taxes low.
There is no high school or library in Alpine, and students who are after the 8th grade go to Tenafly High School. There is no shopping center in Alpine and its residents use the facilities in neighboring towns
Zip code: 07620
Median Household Income: $228,194
Average Property Tax: $18,996(2012)
Real Estate in Alpine
Why buy Real Estate in Alpine?
- Alpine is one of the most expensive & prestigious zip codes in the country
- Alpine enjoys very low Real Estate Taxes
- Alpine has a top-rated public school system ( For High School Alpine Residents Go to Tenafly High)
- Alpine has reasonable commute to Manhattan approx. 35 minutes
- Alpine is a neighborhood with a high quality of life and large lot sizes of mostly 2 acres or more
Alpine is home to some of the most famous estates on the East Coast with the historic Frick Estate (was listed at $59 million) it’s most notable. The average price of homes sold between January 2005 and December of 2012 was $3,970,489. The median price of sold homes for the period was $2,810,000. 86% of Alpine homes are owned a fact that speaks to the fact that Alpine is the kind of town where people like to plant their roots. While the last 5 years has seen demand on the decline, the Alpine market has recently picked up pace and demand again is on the rise.
Alpine Real Estate Statistics
| Year | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 |
|---|---|---|---|---|---|---|---|---|---|
| Avg. $sold price | 1,652,636 | 1,668,500 | 2,113,240 | 2,056,450 | 2,324,517 | 2,859,473 | 3,959,210 | 4,169,166 | 3,586,789 |
| % Change | na | 0% | +26% | -2.7% | +13% | +23% | +38% | +5.3% | -14% |
| Year | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Avg. sold price | 4,935,714 | 2,142,263 | 2,789,545 | 3,429,570 | 3,466,923 | 2,303,703 | 3,716,429 | 2,295,000 | 2,992,513 |
| % Change | +37% | -56% | +30% | +23% | +1% | -33% | +61% | -38% | +30% |
| Year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Avg. $sold price | 2,601,435 | 2,150,978 | 2,107,180 | 3,129,044 | 4,058,958 | 3,799,775 | 4,359,605 | ||
| % Change | -13% | -17% | -2% | +48% | +29% | -6.4% | +15% |
Click here for the Alpine SoldReports
27 Berkery Place – $5,000,000 – Sold
61 Glen Goin – $3,145,000 – Sold
Alpine Average Sold Prices
Household Income
Occupation & Education:
The occupation makes up of the Alpine population is 81% “White Collar” and 19% “Blue Collar”. Over 3500 residents hold graduate or higher academic degrees and approximately 3200 hold academic bachelor degrees.
Want to read more about Alpine? Read our Alpine community information page.