Ocean County, NJ

Living in Lakewood, NJ: The Complete Neighborhood Guide

NJ's Fastest-Growing. Orthodox Jewish Community. Georgian Court.

Last updated: September 2026

$420,000
Median Home Price
75 min
To Penn Station
135,158
Population
1892
Founded
8.4%
YoY Appreciation

Why Lakewood, NJ?

Lakewood is one of NJ's fastest-growing municipalities at 135,158 residents — driven by the largest Orthodox Jewish community outside of New York. Mookie Wilson (1986 World Series hero), Marc Ecko (fashion mogul), and Ngo Dinh Diem (South Vietnam's first president, who lived in exile at a Lakewood monastery) are all connected to the township. John D. Rockefeller wintered here. Georgian Court University (1908) was built on financier George Jay Gould's estate. Lake Carasaljo provides scenic walking. At $420K with 8.4% appreciation and homes selling in 15 days, unique market dynamics with the strongest demand in Ocean County.

Lakewood Real Estate Market in 2026

Lakewood homes sell in just 15 days at a $420K median. Extremely high demand driven by community growth. Rapid new construction.

$420,000
Median Price
$280/sqft
Price Per Sq Ft
15 days
Avg Days on Market
+8.4%
Year Over Year

Best Neighborhoods in Lakewood

2 distinct neighborhoods, each with its own character and price range

Central Lakewood

$375,000 to $525,000

Dense residential. Near yeshivas and community institutions.

Best for: Orthodox community

Pine Park

$400,000 to $575,000

Near Georgian Court University and parks.

Best for: Families

Commuting from Lakewood to NYC

75
Minutes to Penn Station
Drive to Point Pleasant
Transfer required
Peak frequency: 3 to 4 trains per hour
Also nearby
Newark Liberty Airport: 10 min drive
NJ Turnpike, I-78, Routes 1 and 9
7 NJ Transit bus routes

Source: NJ Transit schedules, June 2026. Peak hour commute times.

Walkability and Livability in Lakewood

How easy is it to live car-free or car-light in Lakewood?

42
Walk Score
Car-Dependent
75 min
NYC Commute
2.34%
Property Tax Rate
$5,234/year avg
18.4%
Hispanic/Latino
22.8% foreign-born

Lakewood Schools and Ratings

Lakewood Public Schools plus extensive private yeshiva system. Georgian Court University campus.

Source: NCES CCD 2023 to 2024, NJDOE NJSLA 2024 to 2025

Lakewood Early Childhood Center

LAKEWOOD, NJ · Elementary · Grades PK-K
C
5.1:1 ratio 236 students Score: 74/100

Piner Elementary School

Lakewood, NJ · Elementary · Grades PK-K
C
7.1:1 ratio 378 students Score: 70/100

Spruce Street Elementary School

LAKEWOOD, NJ · Elementary · Grades 1-1
C
6.4:1 ratio 249 students Score: 70/100

Ocean Academy Charter School

Lakewood, NJ · Elementary · Grades K-8
F
10.0:1 ratio 499 students Score: 48/100

Lakewood Middle School

LAKEWOOD, NJ · Middle · Grades 7-8
F
8.6:1 ratio 582 students Score: 47/100

Ella G Clarke Elementary School

LAKEWOOD, NJ · Elementary · Grades 3-6
F
8.6:1 ratio 353 students Score: 46/100

Clifton Ave Grade School

LAKEWOOD, NJ · Elementary · Grades 2-6
F
9.5:1 ratio 473 students Score: 44/100

Oak Street Elem School

LAKEWOOD, NJ · Elementary · Grades 2-6
F
8.7:1 ratio 656 students Score: 43/100
View all Lakewood schools with full ratings →

Lakewood vs Neighboring Towns: Cost Comparison

City Median Price Tax Rate Annual Tax NYC Commute
Lakewood $420,000 2.34% $5,234 75 min
Jackson $470,000 2.23% $7,234 75 min
Toms River $450,000 2.12% $6,234 85 min

Where to Eat in Lakewood

Route 9

Extensive kosher dining and grocery. Route 9 commercial corridor.

Parks and Recreation in Lakewood

Pine Park

Township park with recreation.

Lake Carasaljo

Scenic lake with walking paths.

New Development and Growth in Lakewood

Rapid Residential Growth

Extensive new construction meeting community demand.

History of Lakewood, NJ

Founded in 1892 as a resort town. John D. Rockefeller wintered here.

The Orthodox Jewish community began growing rapidly in the 1990s, making Lakewood one of NJ's fastest-growing towns.

Georgian Court University (1908) was originally the winter estate of financier George Jay Gould.

Safety in Lakewood

Lakewood is a generally safe community.

Notable Residents

Mookie Wilson (born 1956) — New York Mets outfielder whose ground ball through Bill Buckner's legs in the 1986 World Series is one of baseball's most famous plays J.R. Smith (born 1985) — NBA player who won championships with the Cleveland Cavaliers and Los Angeles Lakers Marc Ecko (born 1972) — fashion mogul and founder of Ecko Unlimited and Complex magazine Michael Cudlitz (born 1964) — actor known for Band of Brothers and The Walking Dead Ngo Dinh Diem (1901 to 1963) — first president of South Vietnam who lived in exile at a Lakewood monastery before returning to lead his country Stan Kasten (born 1952) — sports executive and president of the Los Angeles Dodgers

Annual Events and Festivals

Lakewood community events

Frequently Asked Questions About Lakewood, NJ

What is the median home price in Lakewood, NJ?

The median home price is $420,000 as of 2026, with 8.4% year-over-year appreciation. Average $280/sqft, selling in 15 days.

How long is the commute from Lakewood to NYC?

75 minutes via NJ Transit from on the Drive to Point Pleasant. Transfer required.

What are property taxes in Lakewood, NJ?

Tax rate is 2.34%. Average homeowner pays $5,234/year. At the median price of $420,000, expect about $9,828/year.

What are the best neighborhoods in Lakewood?

Central Lakewood ($375,000 to $525,000). Pine Park ($400,000 to $575,000). See the full guide above for all 2 neighborhoods.

Is Lakewood safe?

Lakewood is a generally safe community.

How walkable is Lakewood, NJ?

Walk Score of 42, rated "Car-Dependent." Median income $42,000, median age 22.4. 42% renter-occupied.

Ready to Find Your Home in Lakewood?

Talk to a Premier Homes agent who knows Lakewood inside and out. We have been serving this community for over 30 years.

Explore Nearby Communities

Jackson $470,000 75 min Toms River $450,000 85 min