Total monthly cost of ownership
Cost to Own a Home in Lakehurst, New Jersey
A $226,000 home here costs
$2,138per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,162. The real number is $976 higher every month — 84% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Lakehurst against Ocean County and New Jersey
| Measure | Lakehurst | Ocean County |
|---|---|---|
| Median home value | $225,800 | $366,600 |
| Median property tax | $5,461 | $6,499 |
| Effective tax rate | 2.419% | 1.773% |
| Median gross rent | $1,637 | $1,702 |
| Population | 2,666 | 646,434 |
The weather behind that power bill
Lakehurst sits in Ocean County, which averages a high of 85.5°F in its hottest month and a low of 21.7°F in its coldest, with 52.04" of precipitation a year and 27% of it in a single three-month stretch. That climate drives 861 cooling and 5,328 heating degree days, which is what sets the $209 electricity line above.
See the full climate breakdown for Ocean County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Ocean County
Full Ocean County cost breakdown · Every county in New Jersey
Common questions
How much does it cost to own a home in Lakehurst?
A $226,000 home in Lakehurst, New Jersey costs approximately $2,138 per month with 20% down at 6.66%. That is $1,162 principal and interest, $456 property tax, $55 homeowners insurance, $277 utilities and $188 set aside for maintenance.
What is the property tax rate in Lakehurst?
Lakehurst has an effective property tax rate of 2.419%, based on a median home value of $225,800 and median real estate taxes of $5,461. That is higher than the Ocean County average of 1.773%.
What is the average home price in Lakehurst?
The median owner-occupied home value in Lakehurst, New Jersey is $225,800, against $366,600 across Ocean County.
Is it cheaper to rent or buy in Lakehurst?
Median gross rent in Lakehurst is $1,637 a month, against $2,138 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Lakehurst — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for New Jersey.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.