The non-locality behavior of new advanced functionally graded (FG) and piezoelectric (PE) nanobar is presented in this study with an impulsive point source using green function derivatives. The primary aim of this study is to explore the impact of different physical parameters on the phase dispersion phenomena against wave number and depth of point source of Love wave propagation. The stress tensor is considered the linear variation of the shear stress distribution in the thickness direction, and the shear stress at the free surface of the piezoelectric bar is zero. Using the Fourier transform and Green’s function technique, the equations of motion and the dispersion relation is derived by applying admissible boundary conditions involving piezoelectricity, dielectricity, functional gradient, and nonlocal elastic parameters of the media. The obtained results are validated with existing results by considering special cases. The variation in the dispersion curves due to the impulsive point source and piezoelectricity, dielectricity, functional gradient, and non-locality parameters have been analyzed and illustrated using graphs along with a comparative study by considering four piezoelectric materials, PZT-4, PZT-5A, PZT-5H, and PZT-2. Furthermore, the relationship between nonlocal parameters in the layer and half-space is investigated to explore the influence of wave number, phase velocity, and depth of point source.