Lavallette Real Estate

Defined by the Atlantic Ocean on one side and the Barnegat Bay on the other, it offers a distinct shore lifestyle with an emphasis on coastal recreation. While it experiences significant seasonal tourism, it maintains a strong, quiet, and affluent year-round residential community, drawing high-net-worth buyers looking for prime waterfront access and investment potential. Here is a comprehensive look at what makes this island community a premier residential destination.

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Architectural Styles & Housing Stock

Lavallette's real estate market is dominated by expensive coastal homes, where the vast majority of properties sit within just a few blocks of the water.

• Dominant Styles: The architecture is a mix of traditional, smaller shore bungalows and cottages alongside large, newly built, multi-story Shore Colonial or modern Custom Coastal homes. New construction often incorporates features like wrap-around decks, balconies, and open floor plans to maximize ocean and bay views.

• Waterfront Access: The borough is famous for its bayfront properties that often include newer docks and boat slips, catering to boating enthusiasts. Bayfront homes are highly prized for sunsets and protected water access.

• High Density: Because the borough is only a few blocks wide, most homes are situated on either an ocean block or a bay block, leading to a consistently high price per square foot throughout the municipality.

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The Schools: High-Quality Local K-6 Education

Lavallette operates a local K-6 district and then sends students to neighboring communities for their secondary education, providing a specialized and intimate learning environment.

• Lavallette Borough School District (K-6): The local district is small, serving elementary grades through the Lavallette Borough School. The high property values and small student body contribute to a strong educational environment with significant resources.

• High School: Lavallette students attend Point Pleasant Beach High School (PPBHS) for grades 9 through 12 as part of a long-standing sending/receiving relationship. PPBHS is a smaller, highly ranked high school known for its strong academic performance and community focus.

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Real Estate Market: Prices for Sale & Rent

Lavallette is an extremely high-cost market, similar to other exclusive barrier island communities, with prices fluctuating based on proximity to the water and the presence of new construction.

As of late 2025, the median sold home price in Lavallette typically ranges from 1.1 million to 1.35 million dollars, with the median listing price often reaching 1.5 million dollars. This market is comparable to Point Pleasant Beach, where median sold prices range between 1.3 million and 1.5 million dollars. High-end sales in Lavallette frequently exceed 2.5 million dollars, and ultra-luxury waterfront properties can sell for over 7 million dollars.

Notably, Lavallette maintains a low effective property tax rate of approximately 0.646 percent. This results in an estimated average annual property tax bill of around 11,050 dollars for a median-priced home. While the rental market is heavily seasonal, traditional annual rents for a three-bedroom property average around 3,360 dollars per month.

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The Commute to NYC

Lavallette is one of the more distant shore communities from Manhattan, making a daily commute lengthy and reliant on a combination of driving and rail service.

• Train: Residents typically drive north to the Point Pleasant Beach Station or Bay Head Station on the North Jersey Coast Line. The rail trip to New York Penn Station takes between 80 and 100 minutes, with a total door-to-door commute time of approximately 2 hours and 15 minutes.

• Driving: The drive is over 70 miles and usually takes between 1 hour 30 minutes and 1 hour 45 minutes. Travel times are highly variable due to seasonal traffic and congestion around major bridges and the Garden State Parkway.

Safety & Community

Lavallette is widely regarded as a safe and family-friendly shore community with a focus on local lifestyle over commercial tourism.

• Community Vibe: Unlike busier boardwalk towns, Lavallette’s commercial core is small and focused on local businesses along the Route 35 corridor. Social life largely revolves around the beach, the bay, and various water-related activities.

• Off-Season Appeal: The community becomes notably quiet during the off-season, offering a serene environment for year-round residents while maintaining a tight-knit neighborhood feel.

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Lavallette Property Value Appreciation Chart (2015-2025)