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May 21st

New Jersey has most expensive ZIP code in country

alpine083109_optBeverly Hills 90210? Forget about it.

Honolulu? The leafy suburbs of Westchester County and Connecticut? Great places to live, and hardly cheap, but they lack the distinction of ZIP code 07620, where the median asking price of a home is $4.14 million.

Sure, that's a lot, but if you move in, your neighbors will include sports superstar Patrick Ewing, comic Chris Rock, and music mogul Sean Combs, as well as Stevie Wonder and Mary J. Blige.

It's the most expensive ZIP code in the country, and it's in New Jersey, nbcnewyork.com reports.

The tiny Bergen County community of Alpine tops Forbes' annual list of America's 100 priciest ZIP codes. But not even Alpine is immune to the effects of the economic downturn, Forbes.com reports.

That steep median asking price is down a whopping 23 percent from last year, making real estate in Alpine a steal if you have a few million to spend.

Most of the slots in the top 10 list are filled by California, aptly nicknamed the Golden State. The only New York City neighborhood to crack the top 10 is the West Village, 10014, while Brookside in Mendham Township, 07926, comes in at number 10.

Farther down the list of the top 100 are several other New Jersey ZIP codes. New Vernon places 57th; Mantoloking is 76th; Far Hills, 84th and Saddle River, 85th.

— ANNE-MARIE COTTONE, NEWJERSEYNEWSROOM.COM

 

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