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Area data

Lakewood, NJ — ZIP 08701

Population: 139,149 (Census ACS)

The median home value in ZIP 08701 (Lakewood, NJ) is $588,170 — up 7.9% over the past year. Homes sell for a median $414,500 after a median 36.5 days on market. Typical rent runs $2,137/month. 9 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively High, with coastalflooding, lightning, strongwind the top-rated hazards. Cost of living is 12.5% above the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$588,170

Median home value

+7.9%

1-year change

36.5

Median days on market

Relatively High

Hazard risk (county)

Home values & appreciation

Median home value
$588,170
1-year appreciation
+7.9%
3-year appreciation
+28.8%
5-year appreciation
+77.1%
10-year appreciation
+126.5%
All-time peak (2026-07)
$588,170
House Price Index (state)
430.8 (+5.2% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$414,500
Median list price
$399,000
Median price per sqft
$281
1-year sale-price change
+9.8%
Median days on market
36.5 days
Homes sold (recent period)
14
For-sale inventory
277
Sale-to-list ratio
98.6%
Active listings
9
1-year forecast
+2.3%
Days to pending
64 days
New listings (monthly)
81

Source: recent area sales and market data (ZIP-level)

Rents

Typical rent
$2,137/mo
Studio fair-market rent
$1,460/mo
1BR fair-market rent
$1,650/mo
2BR fair-market rent
$2,030/mo
3BR fair-market rent
$2,650/mo
4BR fair-market rent
$2,940/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (High)
112.5 (100 = US avg)
Electricity rate (state-level)
22.6¢/kWh
Natural gas rate (state-level)
$14.20/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
9
Elementary schools
7
Middle schools
1
High schools
1
Charter schools
1
School districts serving the area
Ocean Academy Charter School, Lakewood Township School District
Schools include
Ocean Academy Charter School, Lakewood Early Childhood Center, Piner Elementary School, Lakewood High School, Clifton Ave Grade School

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively High
Top hazards (county)
coastalFlooding, lightning, strongWind, winterWeather, coldWave
Notable hazard ratings (county)
coastalFlooding: Very High · coldWave: Relatively High · drought: Relatively Low · earthquake: Relatively Moderate · hail: Relatively Low · heatWave: Relatively Moderate
FEMA flood zone
X
Flood risk level
Minimal
Wildfire risk to homes (county)
Higher than 94% of US counties
Buildings in wildfire direct-exposure zone
15.8%
Radon potential (county)
Low radon potential — EPA Zone 3 of 3
EPA Superfund (NPL) sites within 5 mi
2
Nearest Superfund site
Brick Township Landfill (4.3 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Annual precipitation
53.1 in
USDA plant hardiness zone
7a (extreme annual low 0 to 5°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
42
Days with Good air quality
261
Days with Moderate air quality
95
Days with Unhealthy air quality
1
Highest AQI recorded (year)
248

Source: EPA air quality data (nearest monitoring station, annual)

Walkability & transit

Walkability index
10.8 / 20
Transit service frequency
900
Jobs reachable by car (30 min)
50,008
Jobs reachable by transit (45 min)
59,893

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
25
Nearest national park
New Jersey Pinelands National Reserve (24 mi)
National parks include
New Jersey Pinelands National Reserve, Washington-Rochambeau Revolutionary Route National Historic Trail, Gateway National Recreation Area
Airports within 30 mi
17
Nearest airport
Lakewood Airport (1 mi)
Nearest major airport
Lakehurst Maxfield Field Airport (NEL) (9 mi)
Hospitals nearby (~15 mi)
1
Hospitals include
MONMOUTH MEDICAL CENTER-SOUTHERN CAMPUS
Avg hospital rating (CMS)
2.0 / 5
Best hospital rating nearby (CMS)
2.0 / 5
Solar radiation rating
Fair (4.0 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
+1,077 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,994
Housing built before 1970
20.0%
Housing built 2000 or later
42.2%
Median annual property tax
$8,045
Mean commute to work
21 min
Households with broadband internet
54.1%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
159,471
Average weekly wage
$1,023
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
2,553

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 08701State medianUS median
Median home value$588,170$577,759$289,727
Median sale price$414,500$555,000$325,000
Median days on market37 days42 days51 days
Typical rent$2,137/mo$2,540/mo$1,808/mo
Median annual property tax$8,045$9,504$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in ZIP 08701?
$588,170.
What is the median sale price in ZIP 08701?
$414,500.
How long do homes take to sell in ZIP 08701?
Median days on market: 36.5 days.
What is typical rent in ZIP 08701?
Typical rent: $2,137/month.
What is the natural-hazard risk in ZIP 08701?
Overall risk: Relatively High (FEMA NRI, county-level). Top hazards: coastalFlooding, lightning, strongWind, winterWeather, coldWave.
Is ZIP 08701 in a flood zone?
Minimal (FEMA NFIP). FEMA flood zone X.
What is the wildfire risk in ZIP 08701?
Risk to homes is higher than 94% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 08701?
Low radon potential — EPA Zone 3 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 08701?
2 current or proposed National Priorities List sites within 5 miles (EPA). Nearest site: Brick Township Landfill, 4.3 mi.
How many schools serve ZIP 08701?
9 schools (7 elementary, 1 middle, 1 high) (NCES, 2022-23).
Is ZIP 08701 walkable?
Walkability index: 10.8/20 (EPA Smart Location Database).
What is the air quality in ZIP 08701?
Good. Median AQI: 42. (EPA AQI).
What is the cost of living in ZIP 08701?
Regional Price Parity: 112.5 (100 = US average) (High) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

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