Lakehurst, Ocean County, New Jersey Property Taxes
Property Taxes in Lakehurst, New Jersey
Median Lakehurst, New Jersey effective property tax rate: 2.13%, significantly lower than the national median of 1.02%, and lower than the New Jersey state median of 2.88%.
Median Lakehurst, New Jersey home value: $229,550
Median annual Lakehurst, New Jersey tax bill: $4,885, higher than the national median property tax bill of $2,400.
How are property taxes in Ocean County calculated?
Property taxes in Lakehurst, New Jersey are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Lakehurst's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Lakehurst, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Lakehurst, Ocean County, New Jersey Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.13%
Estimate Property Tax Bill
$4,889
$4,537
How Does the Lakehurst Property Tax Calculator Work?
Use this Lakehurst property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Lakehurst's median effective tax rate of 2.13% — based on actual property records in Ocean County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Lakehurst's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Lakehurst: rates range from $3,809.00 in 08759 to $4,941.00 in 08733, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Lakehurst.
About Lakehurst Property Taxes
About Property Taxes in Lakehurst, Ocean, New Jersey
Lakehurst’s median effective property tax rate of 2.13% is lower than the New Jersey state median of 2.88% and higher than the national median of 1.02%. This rate reflects the Ocean County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Lakehurst. Homeowners in the 08759 ZIP code carry a median effective rate of 2.33%, while those in 08733 pay 2.13%. This spread — 0.20 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Ocean County. Understanding which part of Lakehurst you live in can make a meaningful difference to your annual tax bill.
Lakehurst homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the April 1, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Lakehurst, Ocean County, New Jersey
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Lakehurst's effective property tax rate to other cities in New Jersey and the median property tax rates in New Jersey and the U.S.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Lakehurst Tax Rate
2.13%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Ocean County Tax Rate
2.35%
Median Effective New Jersey Tax Rate
2.88%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Lakehurst, Ocean County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08733 | 2.13% | 2.13% | 2.13% | 2.13% | 2.13% |
| 08759 | 2.16% | 2.18% | 2.33% | 2.33% | 2.33% |
Source: Ownwell
Property Tax Assessment Values Across Lakehurst, Ocean County, New Jersey
When examining property taxes in Lakehurst, New Jersey, understanding the distinction between market value and assessed value is crucial.
The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Ocean County tax assessor estimates the market value for tax purposes.
The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices:
In Ocean County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of February.
Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. For example, the median home price in Lakehurst is $229,550, with tax bills ranging significantly across the county. 08733 has the highest median home price at $232,400.
Property Tax Assessment Values Across Lakehurst, Ocean County, New Jersey
Source: Ownwell
$105,700
$603,200
$1,100,700
Median Lakehurst Market Value
$229,550
Median Ocean County Market Value
$288,500
Median New Jersey Market Value
$288,200
Median United States Market Value
$235,294
Property Tax Assessment Values Across Lakehurst, Ocean County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08733 | $191,500 | $202,750 | $232,400 | $284,650 | $360,580 |
| 08759 | $143,300 | $150,750 | $172,200 | $185,200 | $212,200 |
Source: Ownwell
Property Tax Bills Across Lakehurst, Ocean County, New Jersey
How are property tax bills calculated in Lakehurst?
Property tax bills in Lakehurst are based on the assessed value of a home and the local tax rate set by taxing authorities. The bill is determined by multiplying the assessed value by the applicable rate, then adjusting for exemptions or other local factors. Because property taxes are tied to home value, changes in the market can affect what homeowners owe.
What factors are considered?
A home’s market value, assessment level, and local levies all play a role in the final bill. In Ocean County, the median home price is $229,550, and property tax bills vary widely across the area. The 25th percentile tax bill is $4,279, while the 75th percentile reaches $5,950. At the 90th percentile, bills climb to $7,592.
How does this affect homeowners?
Higher assessed values can lead to larger tax bills, which can put pressure on household budgets. Even small changes in assessment or local rates can make a noticeable difference from year to year.
Median Lakehurst Tax Bill
$4,885
Median Ocean County Tax Bill
$6,412
Median New Jersey Tax Bill
$8,638
Median United States Tax Bill
$2,400
Property Tax Bills Across Lakehurst, Ocean County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08733 | $4,093 | $4,334 | $4,941 | $6,020 | $7,619 |
| 08759 | $3,138 | $3,464 | $3,809 | $4,211 | $4,432 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | April 1 |
Links | |
|---|---|
| Ocean Tax Assessor | |
| Website | tax.co.ocean.nj.us |