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Historic postcard of a winter scene at Lake Carasaljo in Lakewood, about 1930 to 1945

Notable Neighborhoods of Lakewood Lake Carasaljo

The lake at the center of Lakewood, with a 4.5-mile loop and Georgian Court University on its north shore.

Postcard: Boston Public Library, CC BY 2.0

The Short Take

Lake Carasaljo At A Glance

Lake Carasaljo sits in the center of Lakewood, bounded by North Lake Drive, South Lake Drive and U.S. Route 9 (River Avenue) on the east. It was created in the mid-1700s, when the South Branch of the Metedeconk River was dammed for a sawmill, and the Central Avenue bridge separates it from Lake Manetta.

Source: Wikipedia, Lake Carasaljo, checked October 2026.

The Casino at Georgian Court, on the National Register. Photo: Zeete, Wikimedia Commons, CC BY-SA 4.0

Known For: A Name From Three Sisters

The lake took its name in 1865 from Joseph W. Brick's three daughters, Caroline, Sarah and Josephine. Georgian Court University, on George Jay Gould's former estate, is on the north shore.

Sources: Wikipedia, Lake Carasaljo; Township of Lakewood, History. Checked October 2026.

Home Prices

What Homes Have Sold For

For recent sales in Lake Carasaljo, ask Dennis Mark for a home value or a custom market report.

Local Favorites

Where To Eat Nearby

No restaurants sit on the lake drives themselves; these are the closest verified spots downtown and nearby.

Each checked as open in October 2026. Businesses change: check hours before you go.

Know Before You Buy

Flood Zones And Schools

Before you make an offer, look up the address on FEMA's Flood Map Service Center and ask the seller for the flood zone and any elevation certificate. Dennis Mark can pull the flood zone for any home you're considering.

The Lake Carasaljo area is in the Lakewood Township School District. Its schools include Clifton Avenue School (625 Clifton Avenue), Oak Street School (75 Oak Street), Spruce Street School (90 Spruce Street), Lakewood Middle School (755 Somerset Avenue) and Lakewood High School (855 Somerset Avenue). Assignment goes by address, so confirm the school for a specific home with the district.

School information is deemed reliable but not guaranteed, and boundaries change often. Verify enrollment with the school district.

Source: Lakewood Township School District, checked October 2026.

Lake Carasaljo Q&A

Common questions, each with its source. Checked October 2026.

How long is the walk around Lake Carasaljo?

The township gives the lake's perimeter as 4.5 miles. Source: Township of Lakewood, Parks, Lakes & Playgrounds.

Where does the name Carasaljo come from?

From Joseph W. Brick's daughters Caroline, Sarah and Josephine. The name dates to 1865. Source: Wikipedia, Lake Carasaljo.

What can you do at Lake Carasaljo?

Fishing, swimming, bicycling, running and picnicking in warm months, and ice skating in winter. Source: Township of Lakewood, Parks, Lakes & Playgrounds.

Where are the Lakewood July 4th fireworks?

The township calls the Lakewood Amphitheatre, near the lake, the spot to watch them. Source: Township of Lakewood, Parks, Lakes & Playgrounds.

What is on the north shore of Lake Carasaljo?

Georgian Court University, on George Jay Gould's former estate, a National Historic Landmark. Sources: Wikipedia, Lake Carasaljo; Wikipedia, Georgian Court University.

How was Lake Carasaljo made?

The South Branch of the Metedeconk River was dammed in the mid-1700s to power a sawmill. Source: Wikipedia, Lake Carasaljo.

How Much Do I Think You Can Get For Your Home?

Own a home in Lake Carasaljo? Get my opinion of what it could sell for, backed by real sales data and a marketing plan.

Photo: Dennis Mark InterdonatoPhoto: Bmzuckerman, Wikimedia Commons, CC BY 4.0

Success Stories

Real stories from the people we've helped buy and sell their homes.

I would 10/10 recommend him to anyone!!!

Dennis helped us buy our current house and has both professional work ethic and is extrememly knowledgeable. He was always there to answer any questions we had and was very patient with us in the process. I would 10/10 recommend him to anyone and he will continue to be our agent for any future needs.

SPENCER & SARAH RAITT-FOREST

57 Google reviews as of October 2026. Read them all on Dennis Mark’s Google Business Profile.

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Have a question? Get your answers right now.Dennis Mark’s AI Concierge answers your questions without you having to commit to anything up front.

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