Report: Average Lakewood Property Tax $2k Lower than State Average

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A new report found that the average property tax bill in Lakewood is almost $2,000 cheaper than the statewide average.

The average property tax bill in Lakewood in 2021 was $7,495, NJ1015.com reported, based on data culled from the state’s Department of Community Affairs. The statewide average for last year was $9,266.

The rate of increase for Lakewood was also below the state’s average. While the statewide number went up nearly two percent, the increase in Lakewood as just under one percent.

{Matzav.com}

11 COMMENTS

    • Wow! Somebody is really hurt! Do you know what you are talking about or percentage wise its average with other communities except that here the population is higher?

  1. If a person doesn’t abandon his Rav and Kehilla in Brooklyn and move to Lakewood before he die’s, he will not get into olam haba.

  2. Is this an average of all homes in the town or only the ones that pay tax? Lkwd probably has the highest percentage of exempt properties in the state.

  3. Don’t know what they are talking about. My house is assessed at around $400k and I over $9k in taxes. I live in an older home in Lakewood. The newer homes are even more. This average tax amount is false.

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