Home Insurance in Lavallette, New Jersey
The median home value in Lavallette is $1,089,000, 173% higher than the Ocean County median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in Lavallette was built around 1969. About 40% of homes were built before 1960, about 24 points above Ocean County's 16%.
Housing in Lavallette breaks down to 79% single-family homes and 10% apartments in buildings with 5+ units. The rest are 2-4 unit or other housing types.
42% of owner-occupied homes in Lavallette carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Lavallette has an owner-occupancy rate of 78% and a vacancy rate of 69%; unoccupied homes typically need a different coverage form.
94% of homes in Lavallette are primarily heated with natural gas.
Ocean County's top FEMA-rated hazard is strong wind (Very High), per FEMA's National Risk Index. Ocean County had 39,942 active NFIP flood policies as of September 2026. See the full Ocean County home insurance overview for all FEMA hazard ratings and flood coverage details.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in New Jersey carries a statewide average premium of $1,551 per year.
Key figures
| Median home value | $1,089,000 |
|---|---|
| Median year built | 1969 |
| Owner-occupied share | 78% |
| Share of owner-occupied homes with a mortgage | 42% |
| Top county hazard | Strong Wind (Very High) |
| Active NFIP policies in Ocean County | 39,942 |
| Home insurance premium | $1,551 - statewide average (NAIC, 2023 data) |
Nearby towns
- Seaside Heights
- Seaside Park
- Island Heights
- Ocean Gate
- Pine Beach
- Mantoloking
- Bay Head
- South Toms River
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)