08733 Property Tax Rate

Property owners in ZIP code 08733 (Lakehurst, New Jersey) pay a median of $5,461/year in property taxes on homes valued at $225,800. This translates to an effective tax rate of 2.42%, which is 18% above the New Jersey state average of 2.04%.

The monthly property tax burden for a median-valued home in 08733 is approximately $455, which factors into escrow payments on mortgages. This ZIP code is located within Ocean County. This is $3,136 less than the New Jersey average of $8,597/year.

Compared to similar ZIP codes in New Jersey, 08733 has lower property taxes. ZIP codes with similar effective rates include 08809 (2.42%) and 08016 (2.42%).

In Lakehurst, property taxes represent approximately 6.8% of the median household income of $80,792, providing context for the relative tax burden on homeowners in this area.

New Jersey has no statewide property tax cap; Ocean County assessments are locally determined and may increase annually without state-imposed limits, with reassessment at sale. The Homestead Benefit Program provides tax credits for primary residences with household income ≤$150,000 (lower income limits of ≤$75,000 for seniors and disabled owners) — file your application with the Ocean County Tax Board by June 1 each year. Register with the Ocean County Assessor within 30 days of closing to establish your principal residence status and lock in your baseline assessment.