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

Off market may 1984 for $345K

$7,328,180

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 $7,328,180.

Single-familyProperty Type

1981Year Built

0.28 acresLot Size

$1,631Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$7,328,180

$7.0M since sold in May 1984$904K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 95.9% 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

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Earn from this home

Sell

$6,905,458

Est. take-home

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Est. cash available

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Rent

$3,803/mo

Redfin rental estimate

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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

$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
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

$6.96M – $8.43M

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New listings for sale in 07762

$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

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.	$5,289,817
605 Ocean Ave, Spring Lake, NJ 3 Beds \| 3 Baths \| - Sq. Ft.	$6,083,404

Address	Redfin Estimate
411 Ocean Ave, Spring Lake, NJ 4 Beds \| 3 Baths \| 3635 Sq. Ft.	$4,839,268
507 Ocean Ave, Spring Lake, NJ 4 Beds \| 4.5 Baths \| 4438 Sq. Ft.	$8,347,737

Address	Redfin Estimate
601 Ocean Ave, Spring Lake, NJ 4 Beds \| 4 Baths \| 4700 Sq. Ft.	$9,475,728
511 Ocean Ave, Spring Lake, NJ 9 Beds \| 7 Baths \| 5439 Sq. Ft.	$9,076,347

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