Pros of home ownership in Lavallette, NJ:
- Being a coastal community, Lavallette offers many beautiful beaches and water activities to its residents.
- It is a small and tight-knit community with a hometown feel, making it a nice place to raise a family or retire.
- The town has good schools, including the Lavallette Elementary School, which has been recognized as a National Blue Ribbon School.
- Real estate values in Lavallette, NJ have been steadily increasing and the town has a relatively low crime rate.
- There are many local restaurants, shops, and attractions that offer a quaint and charming atmosphere.

Cons of home ownership in Lavallette, NJ:
- Because it is a coastal community, homes in Lavallette may be more vulnerable to damage from severe weather events, like hurricanes and coastal flooding.
- The cost of living in Lavallette can be high, which may make it difficult for some residents to afford the cost of home ownership.
- The town is located near a major highway (Route 35), which can create traffic congestion during peak travel times.

Overall, home ownership in Lavallette, NJ offers many benefits, but it is important for potential buyers to consider the potential risks associated with coastal living and the higher cost of living in the area.