Google street view image for 503 Ocean Ave, Spring Lake, NJ 07762

Off market may 1984 for $345K

$7,223,896

Est. refi paymentEst. refi $2,037/mo

•

4 ba

•

4,492

sq ft

503 Ocean Ave, Spring Lake, NJ 07762

About this home

503 Ocean Ave is a 4,492 square foot house on a 0.28 acre lot with 4 bedrooms and 4 bathrooms. - it last sold on May 01, 1984 for $345,000. Based on Redfin's Spring Lake data, we estimate the home's value is $7,223,896.

Single-familyProperty Type

1981Year Built

0.28 acresLot Size

$1,608Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$7,223,896

$6.9M since sold in May 1984$800K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 93.1% higher than the average sale price ($3.74M) of 6 comparable homes.

SOLD NOV 25, 2025
$6,275,000
A
4 beds4 baths2,840 sq ft
7 Monmouth Shire Ln, Spring Lake, NJ 07762
SOLD JUN 26, 2026
$3,875,000
B
4 beds4 baths3,150 sq ft
513 Mercer Ave, Spring Lake, NJ 07762
SOLD AUG 7, 2026
$1,600,000
C
4 beds2.5 baths2,407 sq ft
909 Prospect Ave, Spring Lake, NJ 07762
SOLD JAN 27, 2026
$3,100,000
D
4 beds4 baths3,096 sq ft
417 Brooklyn Blvd, Sea Girt, NJ 08750
SOLD AUG 7, 2026
$3,600,000
E
5 beds3.5 baths2,904 sq ft
5 4th Ave, Sea Girt, NJ 08750
SOLD APR 17, 2026
$4,000,000
F
5 beds4.5 baths4,134 sq ft
208 Salem Ave, Spring Lake, NJ 07762

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Sell

$6,807,160

Est. take-home

List your home with Redfin and save $72,239

Refinance

Est. cash available

Get cash now or lower your monthly rate

Rent

$3,803/mo

Redfin rental estimate

List your home for rent

Market trends in 07762, NJ

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

101.3%

3.2% MoM

Median sale price

$935K

$65K MoM

Avg. days on market

20d

1 days MoM

Recently sold homes

1 MoM

New listings for sale

NEW 5 HRS AGO
$1,479,000
1 bed1 bath602 sq ft
700 Ocean Ave #504, Spring Lake, NJ 07762
$899,900
2 beds1.5 baths1,402 sq ft
61 Maple Dr, Spring Lake, NJ 07762
$1,099,500
2 beds2.5 baths1,619 sq ft
5 Dogwood Ct, Spring Lake, NJ 07762
See all

Provided by Redfin

Sale history for 503 Ocean Ave

Year

Property tax

Land + Additions

Assessment*

2025

$26,888 (+0.5%)

$5,216,000 + $957,500

$6,173,500

2024

$26,747 (−0.1%)

$4,966,000 + $917,600

$5,883,600

2023

$26,778 (+4.6%)

$4,616,000 + $853,800

$5,469,800

2022

$25,597 (+0.6%)

$4,489,800 + $833,900

$5,323,700

2021

$25,447 (−0.2%)

$4,157,000 + $794,000

$4,951,000

2020

$25,494 (+1.3%)

$3,523,000 + $718,200

$4,241,200

2019

$25,170 (−0.7%)

$3,435,000 + $690,200

$4,125,200

2018

$25,358 (+1.9%)

$3,325,000 + $670,300

$3,995,300

2017

$24,876 (+2.2%)

$3,300,000 + $673,800

$3,973,800

2016

$24,331 (−2.6%)

$3,300,000 + $673,800

$3,973,800

2015

$24,989 (−1.5%)

$2,815,800 + $746,700

$3,562,500

2014

$25,359 (+2.2%)

$2,950,000 + $746,700

$3,696,700

2013

$24,805 (+1.8%)

$2,950,000 + $746,700

$3,696,700

2012

$24,361 (+1.9%)

$2,950,000 + $746,700

$3,696,700

2011

$23,918 (−0.3%)

$2,950,000 + $746,700

$3,696,700

2010

$23,992 (+0.6%)

$2,950,000 + $746,700

$3,696,700

2009

$23,844

$2,950,000 + $746,700

$3,696,700

Tax history for 503 Ocean Ave

Year

Property tax

Land + Additions

Assessment*

2025

$26,888 (+0.5%)

$5,216,000 + $957,500

$6,173,500

2024

$26,747 (−0.1%)

$4,966,000 + $917,600

$5,883,600

2023

$26,778 (+4.6%)

$4,616,000 + $853,800

$5,469,800

2022

$25,597 (+0.6%)

$4,489,800 + $833,900

$5,323,700

2021

$25,447 (−0.2%)

$4,157,000 + $794,000

$4,951,000

2020

$25,494 (+1.3%)

$3,523,000 + $718,200

$4,241,200

2019

$25,170 (−0.7%)

$3,435,000 + $690,200

$4,125,200

2018

$25,358 (+1.9%)

$3,325,000 + $670,300

$3,995,300

2017

$24,876 (+2.2%)

$3,300,000 + $673,800

$3,973,800

2016

$24,331 (−2.6%)

$3,300,000 + $673,800

$3,973,800

2015

$24,989 (−1.5%)

$2,815,800 + $746,700

$3,562,500

2014

$25,359 (+2.2%)

$2,950,000 + $746,700

$3,696,700

2013

$24,805 (+1.8%)

$2,950,000 + $746,700

$3,696,700

2012

$24,361 (+1.9%)

$2,950,000 + $746,700

$3,696,700

2011

$23,918 (−0.3%)

$2,950,000 + $746,700

$3,696,700

2010

$23,992 (+0.6%)

$2,950,000 + $746,700

$3,696,700

2009

$23,844

$2,950,000 + $746,700

$3,696,700

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Property details

Exterior

Exterior Information
Exterior Wall: Frame

Property Information
Subdivision Name: MONMOUTH SHIRE
Living Sq. Ft: 4,492
# of Stories: 3

Parking & Garage Information
# of Parking Spaces: 2

Lot Information
# of Buildings: 1
Land Sq. Ft: 12,001
Legal Lot Number: 7
Legal Block Number: 32
Municipality Name: SPRING LAKE BORO
Acres: 0.2755
Depth Footage: 150
Front Footage: 80
Zoning Code: SF-10
State Use Description: RESIDENTIAL

Financial

Assessor Information
Assessment Year: 2026
Tax District County: SPRING LAKE BORO

Public facts

Beds: 4
Baths: 4.0
Sq. Ft.: 4,492
Stories: 3.0
Lot Size: 0.28 acres
Style: Single Family Residential
Year Built: 1981
Year Renovated: —
County: Monmouth County
APN: 4700032 00007

Home facts updated by county records on Sep 16, 2026

Around this home

Schools

H W Mountz Elementary School

Public PreK-8 • Assigned • 0.9mi

9/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

4/10 Flood Factor

Estimated 14-20% chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

8/10 Heat Factor

7 days above 95° expected this year, 15 days in 30 years

8/10 Wind Factor

80% chance of strong winds in next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Spring Lake, NJ • 07762

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.7 hours in June and 4.5 hours in December, placing it below the U.S. average for solar exposure.

8.7 hrs

4.5 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$6.86M – $8.31M

Reach more buyers when you sell with Redfin. Save up to $72,239 in fees. 3 minutes to get started.

Need the cash from your home fast? Sell to .

Nearby similar homes

$1,715,000

4 beds2 baths2,010 sq ft

708 New York Blvd, Sea Girt, NJ 08750

$1,649,000

4 beds1.5 baths1,162 sq ft

604 Monmouth Ave, Spring Lake, NJ 07762-2037

$7,495,000

7 beds4 baths5,645 sq ft

212 Crescent Pkwy, Sea Girt, NJ 08750

$6,495,000

5 beds5.5 baths4,650 sq ft

218 Worthington Ave, Spring Lake, NJ 07762

$6,299,000

6 beds3.5 baths3,618 sq ft

309 New York Blvd, Sea Girt, NJ 08750

$2,300,000

4 beds2.5 baths2,809 sq ft

1709 Beverly Ave, Spring Lake, NJ 07762

New listings for sale in 07762

NEW 5 HRS AGO

$1,479,000

1 bed1 bath602 sq ft

700 Ocean Ave #504, Spring Lake, NJ 07762

$899,900

2 beds1.5 baths1,402 sq ft

61 Maple Dr, Spring Lake, NJ 07762

$1,099,500

2 beds2.5 baths1,619 sq ft

5 Dogwood Ct, Spring Lake, NJ 07762

Home values near 503 Ocean Ave

Data from public records.

Address	Redfin Estimate
401 Ocean Ave, Spring Lake, NJ 4 Beds \| 5 Baths \| 4262 Sq. Ft.	$4,928,681
605 Ocean Ave, Spring Lake, NJ 3 Beds \| 3 Baths \| - Sq. Ft.	$5,949,961

Address	Redfin Estimate
411 Ocean Ave, Spring Lake, NJ 4 Beds \| 3 Baths \| 3635 Sq. Ft.	$4,768,901
507 Ocean Ave, Spring Lake, NJ 4 Beds \| 4.5 Baths \| 4438 Sq. Ft.	$8,116,954

Address	Redfin Estimate
601 Ocean Ave, Spring Lake, NJ 4 Beds \| 4 Baths \| 4700 Sq. Ft.	$9,198,708
511 Ocean Ave, Spring Lake, NJ 9 Beds \| 7 Baths \| 5439 Sq. Ft.	$8,789,417

More real estate resources

Cities
Neighborhoods
Minor Civil Divisions
Zip Codes
Popular Searches

Red Bank homes for sale
Toms River homes for sale
Freehold homes for sale

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

East Brunswick Township homes for sale
Manalapan Township homes for sale
Monroe Township homes for sale
Brick Township homes for sale
Middletown Township homes for sale

07715 homes for sale
08750 homes for sale
07719 homes for sale
07762 homes for sale

Houses for rent in Spring Lake	Agents near me	Summit, NJ homes for sale	Spring Lake Housing Market
Houses for sale near me	Jersey City, NJ homes for sale	Ridgewood, NJ homes for sale
Land for sale near me	Montclair, NJ homes for sale	Fort Lee, NJ homes for sale
Open Houses near me	Hoboken, NJ homes for sale	Spring Lake Property Records
Condos for sale near me	Princeton, NJ homes for sale	NJ New Listings