See Home Value
$641,000
● House - Off Market

1505 Chestnut Avenue

Ocean Twp, NJ 07712
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,390 Ft²
$3,761
Est. Monthly

About This Property

3-bedroom, 2-full-bath ranch home located in desirable Wanamassa, with its great elementary school. Conveniently close to Dahrouge Park, shopping, and local businesses, with just a short bike ride to Asbury Park, Loch Arbour, & Allenhurst beaches. Upgrades include heat & central air, tankless water heater, 50-year roof (2017) & eat-in kitchen. The home includes a primary bedroom with a full bath, currently being used as a game room, offering excellent flexibility for your needs. Situated on a great lot with a shed, this property provides plenty of outdoor space. Come see the versatility & potential this home has to offer -- perfect for first-time buyers, downsizers, or those seeking shore-area living!
Unit Size
1,390 Ft²
Days on Market
55 days
Land Size
0.17 acres
Price per sqft
$453
Property Type
House
Property Taxes
$667
HOA Dues
-
Year Built
1951

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Last updated: 3 months ago (MOMLS #22617948)

Price History

Date / Event Date Event Price
Aug 7, 2026 Sold
Sold
Jul 18, 2026 In contract -
In contract
Jul 8, 2026 Price Decreased $629,900
↓ $30K (4.6%)
Price Decreased
Jun 13, 2026 Listed by C21/ Solid Gold Realty $659,900
Listed by C21/ Solid Gold Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,390
  • Building Area: 1,390
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,390
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Ocean Township School District
  • Census Tract: 806600

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: TAX MAP 48
  • District: 37
  • Parcel: 37 00086-0000-00016
  • Block: 86
  • Lot: 16
  • Municipality: OCEAN TWP
  • Latitude: 40.2354
  • Longitude: -74.0282

    Address

  • Full Address: 1505 Chestnut Ave
  • Address - House Number: 1505
  • Address - Street Name: Chestnut
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Ocean
  • Carrier Code: C017
  • 4-Digit Zip Code: 4223
  • Zip Code: 07712

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $837,822

    Appraisal Valuation

  • Standard Deviation: 0.2034
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 72
  • Final Value: 644,613
  • High Value: 775,750
  • Low Value: 513,476

    Market Valuation

  • Market Total Value: $538,100
  • Market Land Value: $412,500
  • Market Improvement Value: $125,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $538,100
  • Assessed Land Value: $412,500
  • Assessed Improvements Value: $125,600

    Sales

  • Current Sale Contract Date: Jun 15, 1992
  • Current Sale Recording Date: Jun 15, 1992
  • Current Sale Price:
  • Current Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Wanamassa


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400 Grassmere Avenue, Interlaken, NJ, 07712 Listing by Lottie Terzi
Unit for rent at 1509 Park Avenue, Asbury Park, NJ, 07712

$8,500 /mo

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1509 Park Avenue, Asbury Park, NJ, 07712 Listing by Matthew Sirchio


Frequently Asked Questions

When was property at 1505 Chestnut Avenue built and last sold?
The property at 1505 Chestnut Avenue was built in 1951 and last sold on Jun 15, 1992 for $116,500.
How much is this home worth?
The estimated value of the home located at 1505 Chestnut Avenue is $641,514.
What are some comparable homes to 1505 Chestnut Avenue?
There are currently no comparable homes to 1505 Chestnut Avenue.