OFF MARKET

Off Market Aug 2015 for $5.1M

$8,582,317

Est. refi paymentEst. refi $28,965/mo

•

7 ba

•

5,439

sq ft

511 Ocean Ave, Spring Lake, NJ 07762

About this home

Go Coastal! Enjoy the sights and sounds of the OCEAN from this six bedroom Ocean Front home on rare oversized 80x150 lot. One of the few ocean front homes with a custom POOL. Fun in the sun entertaining in your private oasis, with large paver patio, perfect for relaxing. Important first floor bedroom with full bath, plus ocean views. Residents enjoy the two miles of beach, non-commercial boardwalk, spring fed lakes, parks tennis, shopping, Community theater. Get ready for the Jersey Shore!

Single-familyProperty Type

2015Year Built

0.28 acresLot Size

$1,578Est. Price/Sq.Ft.

2 car garageParking

Listed by Margaret Penta • Gloria Nilson & Co. Real Estate

Listed by Andrea Patterson • Gloria Nilson & Co. Real Estate

Bought with Margaret Penta • Gloria Nilson & Co. Real Estate

Bought with Andrea Patterson • Gloria Nilson & Co. Real Estate

Source:MOMLS #21336179

Redfin Estimate

$8,582,317

$3.5M since sold in August 2015$350K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 94% higher than the average sale price ($4.42M) of 6 comparable homes.

SOLD AUG 7, 2026
$3,600,000
A
5 beds3.5 baths2,904 sq ft
5 4th Ave, Sea Girt, NJ 08750
SOLD NOV 25, 2025
$6,275,000
B
4 beds4 baths2,840 sq ft
7 Monmouth Shire Ln, Spring Lake, NJ 07762
SOLD APR 17, 2026
$4,000,000
C
5 beds4.5 baths4,134 sq ft
208 Salem Ave, Spring Lake, NJ 07762
SOLD JUN 26, 2026
$3,875,000
D
4 beds4 baths3,150 sq ft
513 Mercer Ave, Spring Lake, NJ 07762
SOLD FEB 25, 2026
$4,400,000
E
6 beds4.5 baths4,000 sq ft
201 Beacon Blvd, Sea Girt, NJ 08750
SOLD AUG 6, 2026
$4,400,000
F
5 beds3.5 baths2,731 sq ft
11 Salem Ave, Spring Lake, NJ 07762

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Earn from this home

Sell

$4,987,607

Est. take-home

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Refinance

Est. cash available

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Rent

$4,648/mo

Redfin rental estimate

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Market trends in 07762, NJ

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

104.7%

+1.0% MoM

Median sale price

$1,000K

$66 MoM

Avg. days on market

19d

4 days MoM

Recently sold homes

4 MoM

New listings for sale

$999,999
2 beds2.5 baths1,272 sq ft
7 Waterford Way, Spring Lake, NJ 07762
OPEN SAT, 1PM TO 4PM
$1,100,000
3 beds2.5 baths1,675 sq ft
1105 Glendale Pkwy, Spring Lake, NJ 07762
$2,790,000
5 beds2 baths1,907 sq ft
419 Jersey Ave, Spring Lake, NJ 07762
$799,000
1 bed1 bath— sq ft
200 Monmouth Ave #19, Spring Lake, NJ 07762
COMING SOON
$1,200,000
5 beds2 baths2,185 sq ft
811 Claridge Dr, Spring Lake, NJ 07762
$1,950,000
5 beds3 baths2,147 sq ft
907 Woodcrest Dr, Spring Lake, NJ 07762
$650,000
1 bed1 bath— sq ft
200 Monmouth Ave #27, Spring Lake, NJ 07762
$999,000
2 beds2 baths1,218 sq ft
24 Magnolia Dr, Spring Lake, NJ 07762
$15,000,000
5 beds8.5 baths10,956 sq ft
Spring Lake, NJ 07762
See all

Provided by Redfin

Sale history for 511 Ocean Ave

Date

Event

Price

Public Records

Aug 10, 2015

Sold

$5,128,000

$943/sq ft

MOMLS #21336179

Jan 22, 2015

Sold

$2,625,000

$483/sq ft

Oct 21, 2013

Listed

$3,500,000

$644/sq ft

+15

Public Records

Jul 1, 1983

Sold

$265,000

$49/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$35,326 (+0.5%)

$5,216,000 + $2,795,100

$8,011,100

2024

$35,155 (−0.2%)

$4,966,000 + $2,764,000

$7,730,000

2023

$35,226 (+3.7%)

$4,616,000 + $2,573,100

$7,189,100

2022

$33,964 (−1.1%)

$4,489,800 + $2,513,400

$7,003,200

2021

$34,341 (−0.5%)

$4,157,000 + $2,412,400

$6,569,400

2020

$34,500 (+0.9%)

$3,523,000 + $2,200,500

$5,723,500

2019

$34,186 (+1.1%)

$3,435,000 + $2,147,500

$5,582,500

2018

$33,811 (+2.9%)

$3,325,000 + $2,101,400

$5,426,400

2017

$32,846 (−3.7%)

$3,300,000 + $1,947,000

$5,247,000

2016

$34,094 (+44.8%)

$3,300,000 + $1,947,000

$5,247,000

2015

$23,543 (−1.6%)

$2,815,800 + $2,176,100

$4,991,900

2014

$23,937 (+2.2%)

$2,950,000 + $539,500

$3,489,500

2013

$23,415 (−0.9%)

$2,950,000 + $539,500

$3,489,500

2012

$23,623 (+1.9%)

$2,950,000 + $539,500

$3,489,500

2011

$23,193 (−0.3%)

$2,950,000 + $634,700

$3,584,700

2010

$23,265 (+0.6%)

$2,950,000 + $634,700

$3,584,700

2009

$23,121

$2,950,000 + $634,700

$3,584,700

Tax history for 511 Ocean Ave

Year

Property tax

Land + Additions

Assessment*

2025

$35,326 (+0.5%)

$5,216,000 + $2,795,100

$8,011,100

2024

$35,155 (−0.2%)

$4,966,000 + $2,764,000

$7,730,000

2023

$35,226 (+3.7%)

$4,616,000 + $2,573,100

$7,189,100

2022

$33,964 (−1.1%)

$4,489,800 + $2,513,400

$7,003,200

2021

$34,341 (−0.5%)

$4,157,000 + $2,412,400

$6,569,400

2020

$34,500 (+0.9%)

$3,523,000 + $2,200,500

$5,723,500

2019

$34,186 (+1.1%)

$3,435,000 + $2,147,500

$5,582,500

2018

$33,811 (+2.9%)

$3,325,000 + $2,101,400

$5,426,400

2017

$32,846 (−3.7%)

$3,300,000 + $1,947,000

$5,247,000

2016

$34,094 (+44.8%)

$3,300,000 + $1,947,000

$5,247,000

2015

$23,543 (−1.6%)

$2,815,800 + $2,176,100

$4,991,900

2014

$23,937 (+2.2%)

$2,950,000 + $539,500

$3,489,500

2013

$23,415 (−0.9%)

$2,950,000 + $539,500

$3,489,500

2012

$23,623 (+1.9%)

$2,950,000 + $539,500

$3,489,500

2011

$23,193 (−0.3%)

$2,950,000 + $634,700

$3,584,700

2010

$23,265 (+0.6%)

$2,950,000 + $634,700

$3,584,700

2009

$23,121

$2,950,000 + $634,700

$3,584,700

*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
Building Style Type: Colonial
Exterior Wall: Frame

Property Information
Subdivision Name: MONMOUTH SHIRE
Living Sq. Ft: 5,439
# of Stories: 2

Parking & Garage Information
# of Parking Spaces: 2

Lot Information
# of Buildings: 1
Land Sq. Ft: 12,001
Legal Lot Number: 5
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: 9
Baths: 7.0
Sq. Ft.: 5,439
Stories: 2.0
Lot Size: 0.28 acres
Style: Single Family Residential
Year Built: 2015
Year Renovated: —
County: Monmouth County
APN: 4700032 00005

Home facts updated by county records on Sep 14, 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

3/10 Flood Factor

Estimated 10-16% 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

$8.15M – $9.87M

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Nearby similar homes

$2,790,000

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New listings for sale in 07762

$999,999

2 beds2.5 baths1,272 sq ft

7 Waterford Way, Spring Lake, NJ 07762

OPEN SAT, 1PM TO 4PM3D WALKTHROUGH

$1,100,000

3 beds2.5 baths1,675 sq ft

1105 Glendale Pkwy, Spring Lake, NJ 07762

$2,790,000

5 beds2 baths1,907 sq ft

419 Jersey Ave, Spring Lake, NJ 07762

$799,000

1 bed1 bath— sq ft

200 Monmouth Ave #19, Spring Lake, NJ 07762

COMING SOON

$1,200,000

5 beds2 baths2,185 sq ft

811 Claridge Dr, Spring Lake, NJ 07762

$1,950,000

5 beds3 baths2,147 sq ft

907 Woodcrest Dr, Spring Lake, NJ 07762

$650,000

1 bed1 bath— sq ft

200 Monmouth Ave #27, Spring Lake, NJ 07762

$999,000

2 beds2 baths1,218 sq ft

24 Magnolia Dr, Spring Lake, NJ 07762

$15,000,000

5 beds8.5 baths10,956 sq ft

Spring Lake, NJ 07762

Home values near 511 Ocean Ave

Data from public records.

Address	Redfin Estimate
601 Ocean Avenue, Spring Lake, NJ 4 Beds \| 4 Baths \| 4700 Sq. Ft.	$8,739,064
607 Ocean Avenue, Spring Lake, NJ 5 Beds \| 4 Baths \| 3260 Sq. Ft.	$5,340,320

Address	Redfin Estimate
605 Ocean Avenue, Spring Lake, NJ 3 Beds \| 3 Baths \| - Sq. Ft.	$7,098,168
611 Ocean Avenue, Spring Lake, NJ 6 Beds \| 8.5 Baths \| - Sq. Ft.	$11,934,137

Address	Redfin Estimate
507 Ocean Avenue, Spring Lake, NJ 4 Beds \| 4.5 Baths \| 4438 Sq. Ft.	$8,225,782
501 Ocean Avenue, Spring Lake, NJ 4 Beds \| 7 Baths \| 4544 Sq. Ft.	$5,619,610

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