Real Estate Investing in Alpine, New Jersey (07620)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 07620 (Alpine, NJ)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 13.3% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- High price-to-rent: Price-to-rent ratio 90.1 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Alpine, NJ (07620)?
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Market Analysis: 07620 Alpine
ZIP 07620 inside Bergen County looks affordable on the surface — median value of $3.2M — but the discount exists for reasons that a careful buyer should understand before committing.
The 07620 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
ZIP 07620's metrics run below Bergen County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The 07620 ZIP's population of 1,503 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that posts the need for careful underwriting.
trends toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Alpine:
Market Trends
Home Value History (with trend line)
📊 How Does 07620 Compare?
| Metric | 07620 | Alpine | New Jersey |
|---|---|---|---|
| Home Value | $3,192,136 | $3,192,136 | $559,826 |
| 5-Year CAGR | 7.6% | 7.6% | 8.4% |
| Avg Rent | $2,952 | $2,952 | - |
| Cap Rate | 0.7% | 0.7% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 07620 (Alpine, NJ). Anonymous, moderated, never written by AI.
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Property managers serving Bergen County
Manage rentals here? List your business →First National Realty Management, LLC offers tenant services including registration, maintenance requests, and notary services. summary from their website
MEM Property Management Corporation offers property management, construction, collection, and insurance services, helping clients enjoy their homes. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $3,192,136 |
| Monthly Rent | $2,952 |
| Price-to-Rent | 90.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 1.1% |
| Cap Rate | 0.7% |
| 5-Year IRR | 8.3% |
📈 Home Appreciation
| 1-Year | +12.2% ▲ |
| 3-Year CAGR | +8.4% ▲ |
| 5-Year CAGR | +7.6% ▲ |
| 10-Year CAGR | +3.6% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (0.7%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 07620
Population: 1,503
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 07620
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Cresskill High School
Demarest Middle School
Hillside Elementary School
Norwood Public School
County Road School
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What is the median home value in Alpine, NJ?
Typical homes in Alpine, NJ go for around $3.2M. The 5-year CAGR of 0.0% stable price movement.
Is Alpine, NJ a smart market for rental property?
With a 3.0/5 investability score, Alpine, NJ ranks as a solid market for rental property investors. Median prices of $3.2M and rents of $2,952/mo drive the underlying numbers.
Are tenants stable in Alpine, NJ?
Alpine, NJ draws a even-keeled base of working renters. Demand at the $2,952/mo rent level is reasonable for standard single-family and small multi rentals.
Is Alpine, NJ suited for a house hack?
For house hackers, Alpine, NJ is a tougher. The $2,952/mo rent on a unit helps defray the mortgage on a $3.2M property.
Are eviction rules reasonable in Alpine, NJ?
Alpine, NJ falls under NJ landlord-tenant law, which is tenant-protective. That backdrop makes day-to-day property management reasonable.
You know 07620 now. You don’t know where it ranks.
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How 07620 ranks in New York-Newark-Jersey City, NY-NJ-PA
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