Why Live in Lakewood
Lakewood is a large, leafy suburb known for its cultural diversity and strong business climate. The neighborhood is lively with events like the Latin Fest and the expansion of the Beth Medrash Govoha campus, the largest yeshiva outside of Israel. Located nearly coastal, Lakewood is west of beach communities such as Brick Township and Manasquan, and borders the rural exurb of Howell Township via U.S. Route 9. With a population of approximately 135,000, Lakewood has seen significant growth, partly due to its business-friendly environment supported by the Lakewood Chamber of Commerce and extensive industrial parks. Housing options are diverse, ranging from million-dollar Craftsman-style homes to affordable townhouses and adult communities like Leisure Village. Georgian Court University provides higher education, while Monmouth Medical Center, 20 miles north, is a major healthcare facility. Outdoor attractions include Pine Park and Ocean County Park, offering activities like kayaking, hiking, and golfing. Shore Town Ballpark hosts the Jersey Shore Blue Claws baseball team. Commuters can reach Manhattan in about 90 minutes via the Garden State Parkway, with additional transit options available at the Lakewood Bus Terminal. The dining scene features Jersey specialties like pizza and bagels, particularly around Lakewood Plaza and Strand Theater.
Home Trends in Lakewood, NJ
On average, homes in Lakewood, NJ sell after 41 days on the market compared to the national average of 50 days. The median sale price for homes in Lakewood, NJ over the last 12 months is $380,000, up 6% from the median home sale price over the previous 12 months.
Median Sale Price
$380,000
Median Single Family Sale Price
$700,000
Median Townhouse Sale Price
$229,990
Median 2 Bedroom Sale Price
$288,000
Median 1 Bedroom Sale Price
$387,000
Average Price Per Sq Ft
$305
Number of Homes for Sale
113
Last 12 months Home Sales
347
Median List Price
$410,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
6%