How much are property taxes in Lavallette Borough, NJ?

Homeowners in Lavallette Borough, NJ pay a median of $7,462 (±$496) a year in real estate taxes (2020–2024 American Community Survey, table B25103).

Homes with a mortgage pay a median of $6,834.

Homes without a mortgage pay a median of $8,125.

That is about 0.7% of the median home value of $1,089,000.

In Lavallette Borough, the median real estate tax went from $6,421 in 2015–2019 to $7,462 in 2020–2024 (+16.2%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median real estate taxes
$7,462 (±$496)
With a mortgage
$6,834
Without a mortgage
$8,125
Share of median value
0.7%

Real estate taxes in Lavallette Borough against Ocean County, its state and the nation

Median real estate taxes paid a year, estimate (90% margin of error)
Lavallette BoroughOcean CountyNew JerseyUnited States
Median real estate taxes$7,462 (±$496)$6,562 (±$55)$9,590 (±$25)$3,119
Homes with a mortgage$6,834 (±$442)$6,822 (±$85)$9,741 (±$29)$3,489
Homes without a mortgage$8,125 (±$758)$6,073 (±$134)$9,313 (±$48)$2,576
Median home value$1,089,000 (±$57,966)$398,400 (±$3,284)$454,400 (±$1,150)$332,700

In Lavallette Borough, the median real estate tax is higher than in Ocean County ($6,562).

It is also lower than in New Jersey ($9,590).

It is higher than the national figure ($3,119).

In Ocean County, Lavallette Borough ranks 17 of 33 places with a published estimate, from highest to lowest median real estate taxes.

Statewide, it ranks 416 of 561.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Taxes as a share of home value in Lavallette Borough

The median tax ($7,462) is 0.7% of the median home value ($1,089,000).

Across Ocean County the same ratio is 1.6%.

Across New Jersey it is 2.1%.

This is a ratio of two medians, a rough effective rate: not the tax rate or mill rate the town, county or school district sets, and not any one home’s bill.

Owners report what they paid and what they think their home is worth; the assessor’s office publishes the actual rates and assessments.

How property taxes in Lavallette Borough have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median real estate taxes$6,421 (±$288)$7,462 (±$496)+16.2%No measurable change after inflation
Median home value$733,200 (±$46,310)$1,089,000 (±$57,966)+48.5%Up after inflation
Median owner cost with a mortgage$2,596 (±$183)$2,935 (±$338)+13.1%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median real estate taxes in places near Lavallette Borough

Nearest places with a published estimate, compared with Lavallette Borough
PlaceDistanceMedian real estate taxesCompared with this place
Lavallette Borough—$7,462 (±$496)—
Dover Beaches South1.1 mi$10,000 or more—
Dover Beaches North1.7 mi$10,000 or more—
Seaside Heights Borough1.7 mi$7,391 (±$1,343)Not measurably different
Seaside Park Borough3.0 mi$10,000 or more—
Island Heights Borough4.3 mi$7,718 (±$647)Not measurably different
Ocean Gate Borough4.5 mi$6,168 (±$233)Lower
Toms River Township5.3 mi$6,497 (±$112)Lower
Pine Beach Borough5.7 mi$7,847 (±$684)Not measurably different

Nearby places with a measurably lower figure: Ocean Gate Borough, NJ ($6,168), Toms River Township, NJ ($6,497).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median real estate taxes across Ocean County, place by place

RankPlaceMedian real estate taxes
11Lakewood Township$8,023 (±$557)
12Barnegat Township$7,862 (±$230)
13Pine Beach Borough$7,847 (±$684)
14Surf City Borough$7,818 (±$704)
15Island Heights Borough$7,718 (±$647)
16Point Pleasant Borough$7,660 (±$438)
17Lavallette Borough$7,462 (±$496)
18Seaside Heights Borough$7,391 (±$1,343)
19Stafford Township$6,953 (±$248)
20Eagleswood Township$6,908 (±$398)
21Lacey Township$6,656 (±$293)
22Brick Township$6,638 (±$125)
23Barnegat Light Borough$6,605 (±$497)

Showing 13 of 33 places in Ocean County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Lavallette Borough

How much are property taxes in Lavallette Borough?

The median real estate tax paid by homeowners in Lavallette Borough, NJ is $7,462 (±$496) a year (2020–2024 American Community Survey).

What is the property tax rate in Lavallette Borough?

The Census Bureau does not publish tax rates; as a rough guide, the median tax paid is 0.7% of the median home value in Lavallette Borough, and the actual rate is set by the town, county and school district.

Have property taxes in Lavallette Borough gone up?

In Lavallette Borough, the median real estate tax went from $6,421 in 2015–2019 to $7,462 in 2020–2024 (+16.2%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Are property taxes in Lavallette Borough higher than in Ocean County?

In Lavallette Borough, the median real estate tax is higher than in Ocean County ($6,562).

It is also lower than in New Jersey ($9,590).

It is higher than the national figure ($3,119).

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Lavallette borough, Ocean County, New Jersey (county subdivision:39390, in state:34 county:029).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25103_001E, B25103_001M, B25077_001E, B25077_001M, B25088_002E, B25088_002M from the 2019 release.

The API needs a free key.

Request a Census API key.

B25103_001E, B25103_001M, B25103_002E, B25103_002M, B25103_003E, B25103_003M, DP04_0089E, DP04_0089M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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