Lakewood Property Tax Rate

Ocean County, New Jersey

1.62%effective rate

Lakewood is located in Ocean County, New Jersey. Homeowners in Lakewood pay a median of $10,001 per year in property taxes on a home valued at $618,400, resulting in an effective tax rate of 1.62%. This is 2% lower than the Ocean County average of 1.65%.

Effective Tax Rate🏠

1.62%

vs 1.65% county avg

Est. Annual Tax💰

$10,001

Per year

Median Home Value📊

$618,400

2024 estimate

Population📍

69,884

Lakewood, NJ

How Lakewood Compares

Lakewood
1.62%
Ocean County Average
1.65%
New Jersey Average
2.11%
National Average
0.92%

Cities in Ocean County

Compare property tax rates for 2 cities in Ocean County, New Jersey.

CityAnnual TaxRate
Toms River$6,4141.70%
Lakewood$10,0011.62%

About Property Taxes in Lakewood

Property taxes in Lakewood are collected by Ocean County. Tax exemptions available to Ocean County residents — including homestead, senior, and disability exemptions — also apply to homeowners in Lakewood. For detailed information on available exemptions and the county tax collector, see the Ocean County property tax page.

Property Tax Calculator

Estimate your annual property tax in Lakewood

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$50k$2M

Estimated Annual Property Tax

$4,860

$405/month · Rate: 1.62%

Ocean County Property Taxes

County-level data, exemptions, historical trends, and tax collector info.

View county details →

New Jersey Property Taxes

Statewide rates, all 21 counties, and exemptions.

View state details →

Think your property tax is too high?

Homeowners save an average of $1,148/year by appealing their assessment.

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Frequently Asked Questions

Data Source: U.S. Census Bureau, 2024 American Community Survey 5-Year Estimates. City-level tax data is derived from Census place-level statistics. Effective tax rates are calculated by dividing median real estate taxes paid by median home value. Actual property tax rates may vary based on local taxing jurisdictions, exemptions, and assessment practices. This information is for general reference only and should not be used as a substitute for professional tax advice.