Median home value in zip code 08701 (Lakewood, NJ) is $568,983, up 7.9% year over year. Part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area.

Home Value$568,983

YoY Change

+7.9%

Prices rising — worse for buyers.

Affordability

Enter your income for 08701 (Lakewood).

Income (annual)

Down Payment

$113,797 on $568,983

Example: $75,000 household income. Change it above to see your own.

Out of reach54.6% of income

Need $146,186/yr to afford.

PITI$3,411

P/I54.6%

Afford$292K

Gap-$277K

P&I $2,877Tax $417Ins $117

6.50% 30yr, 20% down, county tax + NJ ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

08701 is part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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