The direction-of-arrival estimation of near-field sources can be formulated as a multidimensional nonlinear optimization problem, where a performance index is minimized with respect to azimuth, range, and source power. For the single source case, under the assumption that the range is relatively larger than the interelement distance, we use the second-order approximation to derive a simpler performance index parameterized by azimuth only. The minimization of the new index is easier than that of the original one parameterized by azimuth, range, and source power. Moreover, the proposed method considers the degradation of signal powers, giving more accurate estimation results. Also for the multiple source case, an efficient computation method is developed by using the second-order approximation.