1506 Walnut Ave, Ocean, NJ 07712
Property image
Property image
OFF MARKET

$893,600

Trulia Estimate
  • 4 Beds
  • 2.5 Baths
  • 2,212 sqft

1506 Walnut Ave, Ocean, NJ 07712

Wanamassa
Est. Refi. Payment $5,777/mo*
Refinance Your Home
Currently Off Market - Sold Jan 28, 2008 for $322,000

Home Value

Trulia Estimate
$894K
Since last month
Decreased$14K (-1.6%)
Since last year
Increased$48K (+5.7%)
Since last sale
Increased$567K (+176%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +132% in the last 10 years
MonthEstimated value
2026
August 2026$889K
July 2026$903K
June 2026$917K
May 2026$919K
April 2026$879K
March 2026$876K
February 2026$846K
January 2026$843K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1000 Grasmere Ave, Asbury Park, NJ
0.08
Single-Family Home
$600,000
10/27/25
3
1.5
1,116
1505 Chestnut Avenue, Ocean, NJ
0.08
Single-Family Home
$641,000
08/07/26
3
2
1,390
1416 Garven Avenue, Ocean, NJ
0.32
Single-Family Home
$600,000
09/25/25
4
2
1,305
1308 Birch Ave, Ocean, NJ
0.31
Single-Family Home
$645,000
09/22/25
4
2
1,152
1303 Franklin Parkway, Ocean, NJ
0.39
Single-Family Home
$925,000
07/07/26
4
2.5
2,056
3104 Sunset Ave, Ocean, NJ
0.41
Single-Family Home
$660,000
03/30/26
4
2
1,497
1502 Romaine Parkway, Asbury Park, NJ
0.24
Single-Family Home
$860,000
07/30/26
4
2
1,924
1009 Bendermere Avenue, Ocean, NJ
0.24
Single-Family Home
$827,000
08/12/26
3
2
1,605
1309 Evergreen Ave, Ocean, NJ
0.40
Single-Family Home
$1,200,000
11/13/25
4
2
2,100
718 Grassmere Ave, Interlaken, NJ
0.18
Single-Family Home
$1,425,000
09/24/25
4
3
2,024

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
928 Grassmere Avenue, Asbury Park, NJ 07712
0.06
$818,200
3
1.5
1,922
Off Market
15 Park Boulevard, Ocean, NJ 07712
0.07
$789,700
3
2
-
Off Market
1505 Chestnut Avenue, Ocean, NJ 07712
0.08
$641,000
3
2
1,390
Recently Sold
925 Grassmere Avenue, Asbury Park, NJ 07712
0.07
$756,000
3
1.5
1,735
Off Market
1006 Grassmere Avenue, Asbury Park, NJ 07712
0.10
$831,900
4
2
1,800
Off Market
805 Grassmere Avenue, Asbury Park, NJ 07712
0.09
$1,495,800
5
3
-
Off Market
902 Grassmere Avenue, Asbury Park, NJ 07712
0.09
$1,190,900
3
2
2,210
Off Market
1601 Chestnut Avenue, Ocean, NJ 07712
0.10
$675,000
4
2
-
Recently Sold
915 Raymere Avenue, Ocean, NJ 07712
0.13
$1,017,000
3
1.5
1,655
Off Market
77 Deal Lake Point Road, Ocean, NJ 07712
0.15
$1,024,900
4
2.5
2,024
Off Market
1018 Grassmere Avenue, Asbury Park, NJ 07712
0.16
$600,000
3
1
-
Off Market
1015 Grassmere Avenue, Asbury Park, NJ 07712
0.16
$827,000
4
2
-
Off Market

Local Information

  • Map ViewExplore the area around 1506 Walnut Ave.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1973
Living Area
2,212 sqft
Price/Sqft
$404
Parking
Garage

About this House

Priced to sell - instant equity for savvy buyer!
2 Story colonial, low maintenance exterior.
Generous layout and flow for entertaining and working from home! Large eat in kitchen natural gathering point.
Large unfinished basement PLUS separate workroom PLUS one-car garage.
Master suite includes HUGE closet/dressing room and built in bookshelves.
Very affordable for Monmouth County. Good deal for investor - excellent rental potential.


Neighborhood Description

Wanamassa is the 'village' of Ocean Township. Nice mix of young families, professionals, and 'empty nesters'.
Less than 10 minutes from GSP, Route 18 and a mile from Allenhurst train station. Great for commuters.
1506 Walnut Ave, Ocean, NJ 07712 is a 4 bedroom, 3 bathroom, 2,212 sqft single-family home in Wanamassa, built in 1973. It last sold for $322,000 on Jan 28, 2008. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $893,600, with a rent estimate of $3,708/month.

Home Details for 1506 Walnut Ave

Interior Features

Interior Details
BasementAtticNumber of Rooms: 8Types of Rooms: Walk In Closet, Family Room, Laundry Room, Master Bath, Office, Pantry, WorkshopCeiling Fan
Heating & Cooling
Heating: Baseboard, GasAir ConditioningCooling System: CentralHeating Fuel: Baseboard
Levels, Entrance, & Accessibility
Stories: 2Floors: Carpet, Hardwood
Appliances & Utilities
Cable ReadyDishwasherDisposalDryerMicrowaveRefrigeratorWasher
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: Stone, Vinyl, BrickLawnPorch
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached

Property Information

Year Built
Year Built: 1973
Property Type / Style
Property Type: Single Family HomeArchitecture: Colonial

Community

Units in Building: 1

Lot Information

Lot Area: 5000 sqft

Price and Tax history

DateEventPrice
Mar 9, 2021
Source: N/A
ListingRemoved
Jan 28, 2008
Source: N/A
Sold
$322,000
Oct 19, 2007
Source: N/A
PriceChange
$349,900
Price decreased by 5%
Aug 19, 2007
Source: N/A
Listed For Sale
$369,900
Feb 18, 2004
Source: N/A
Sold
$272,500

Market trends in Ocean

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
58
12MoM

Around this home

Neighborhood Overview

Wanamassa
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Wanamassa

At least 55 Trulia users voted on each feature.

  • 97 % Say it's dog friendly

  • 94 % Say there are sidewalks

  • 87 % Say yards are well-kept

  • 86 % Say car is needed

  • 81 % Say parking is easy

  • 79 % Say there's holiday spirit

  • 78 % Say it's quiet

  • 74 % Say people would walk alone at night

  • 70 % Say neighbors are friendly

  • 69 % Say they plan to stay for at least 5 years

  • 68 % Say kids play outside

  • 66 % Say it's walkable to restaurants

  • 59 % Say streets are well-lit

  • 50 % Say there's wildlife

  • 45 % Say there are community events

  • 44 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "The Italian Fest in Joe Palaia Park, which takes place every summer in the month of August. There are rides, games, food, and other fun activities. "
    0
    Flag
  • Jennatomaino
    "There are a lot of young families here. Close to the beach, great school system, and close to everything ... Wegmans, Target, rt 18, parkway. "
    0
    Flag
  • Tdjdolan
    "Quiet, safe, close to beaches and restaurants, many food local stores. Many parks you can walk too. "
    0
    Flag
  • Mnapurano1
    "Close to everything, and a ten minute bike ride to the beach! This block especially is very private with very little traffic and lots of fauna due to the lake."
    3
    Flag
  • Moccio1
    "Everybody is friendly and for the most part respect is shown for properties.i enjoy walking my pet day or night in the neighborhood."
    1
    Flag
  • Moccio1
    "I used to commute now retired but traffic picks up here for the dinner but lightens considerably after Labor Day."
    0
    Flag
  • Cyndie L. B.
    "people drive to fast down.the streets, no speed bumps, police presence is good. side walks. streets are pretty clean."
    0
    Flag
  • Robert R.
    "Work and live in the area for the last 25 plus years. Safe and one of the finest central locations. Close to Garden State Parkway, NJ Transit Rail Lines and all major roadways. "
    0
    Flag
  • Lookwho3
    "Nice area to live. Neighbors are friendly. People say hello as they walk past. Local shops within walking distance. Beach close enough too. Within minutes of Costco, Wegmens. The charm of a community where people care about their homes is reflected as walk the neighborhood. "
    0
    Flag
  • Brian G.
    "W#anamassa is the safest friendliest town in the area. I love the golf course, lake and parks. It's only a short bike ride or walk to the beach. Also, Ocean Township has the best school system in New Jersey. Its a great place to live."
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 1506 Walnut Ave

  • What is 1506 Walnut Ave estimated to be worth?
    Trulia's estimated value for 1506 Walnut Ave in Ocean, NJ is $893,600.
  • What is the price history for 1506 Walnut Ave?
    1506 Walnut Ave in Ocean, NJ last sold for $322,000 in January 2008.
  • Is Ocean a buyer's or seller's market?
    Ocean is currently a seller's market, based on recent for-sale activity.
  • What do residents say about the Wanamassa neighborhood?
    Residents describe the Wanamassa neighborhood in Ocean, NJ as dog-friendly, pedestrian-friendly, and well-kept. See recently sold homes in Wanamassa, Ocean.
  • Does 1506 Walnut Ave have air conditioning?
    Yes, 1506 Walnut Ave in Ocean, NJ has air conditioning.
  • Does 1506 Walnut Ave have laundry facilities?
    Yes, 1506 Walnut Ave in Ocean, NJ has in-unit laundry.

Explore by feature - Garage

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