Lakewood : New jersey

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What it's Like to Retire in Lakewood

Lakewood and Lakewood Township is a growing community near the New Jersey shore town of Brick, just off the Garden State Parkway.  It is the home of one catholic college, Georgian Court, as well as one of the largest (jewish) yeshivas in the world.  Lakewood is a major center for orthodox jews.

Lakewood was a popular winter resort for New Yorkers in the early 1900's. Lake Carasaljo and surrounding pine forests were part of the attraction. The Rockefeller family and Jay Gould both had estates here. The former Gould estate is the home of Georgian Court College. The Rockefeller estate is now Ocean County Park.  Picture of First Energy Park, home of Lakewood's minor league baseball team BlueClaws, courtesy of Wikipedia and KOknockout920.  Picture of Sunken Garden and Lagoon at Georgian Court University courtesy of Wikipedia and Daderot.


Where to Retire in Lakewood and Home Prices

According to Zillow, the median home value in late 2017 was $295,700. Several active adult communities are in the area (see Lakewood Active Communities link at right)


What is special about Lakewood

Georgian Court College. Orthodox jewish center.  The large yeshiva.  Ocean County Park. Former Jay Gould estate. Lake Carasaljo.

What is not special about Lakewood

New Jersey is not considered a tax-friendly state.


Who will like retirement in Lakewood

Lakewood has a large concentration of orthodox Jews.  People who want to live in a college town will like it here.

Local economy is driven by

Both construction and education drive the economy.


Climate and Physical Environment

Lakewood is in southern New Jersey near the oceanside town of Brick.  The pine barrens surround Lakewood on 3 sides and the ocean is to the east. The climate is a bit milder than New York City or towns to the west.

Restaurants & Cultural Scene

Lakewood offers parks, lakes, cultural and historical sites, and host several events throughout the year, Lakewood is also home to a minor league baseball team.



The crime rate in Lakewood is below the national average.


Medical facilities

Monmouth Medical Center Southern Campus is located in Lakewood.



The Garden State Parkway runs adjacent to Lakewood. The town is about an hour from Newark Airport, but does operate it's own airport for private planes.


Valuable Links

Township of Lakewood


What people are saying about Lakewood

Very high taxes on seniors in nearby retirement community
Wrong hospital listed here - Monmouth Medical Center is located in West Long Branch near the ocean. Taxes very high for seniors in the nearby communities due to tax exemptions for others. This is an ongoing issue in Lakewood.
Posted by JoannL on November 15, 2017

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Facts about LAKEWOOD
  • State: NJ
  • Environment: Suburban,College Town,
  • City Population: 50,001-100,000
  • Median age of Population: 25-44
  • Avg Jan Temperature: 21-40
  • Avg July Temperature: 60-80
  • Median HH Income: 20,001-40,000
  • Average Home Price (MLS): $200,001-$300,000
  • Annual Property Tax on a $200,000 house: 2000-4000
  • Total Crime Index: 81-90 (low)
  • Cost of Living Index: 111-120 (high)
  • Culture Index: 101-110 (slightly above average)
  • State Sales Tax: Yes
  • State Income Tax: Yes
  • Name of the Guide: boomer1

Can you add to or correct these Facts? Or do you have a photo of this community we could use? If so, please click on Edit these facts

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