The Fair Share Report

1005 First St

Wall, NJ 07719

The town corrects for market drift once a year — but only on average. This report measures whether this house drifted with the herd or away from it.

Step 1 · Market value

≈ $642,079

Likely range $597,241 – $716,488, from 12 comparable Wall sales in the past 18 months, at this home's 1,297 sq ft.

Step 2 · The Director's Ratio

59.76%

The state's official measure of how far Wall assessments sit below market value — republished every October, applied town-wide. A $642,079 home should be assessed near $383,706.

Step 3 · Assessed value

$312,800

Set at the last town-wide revaluation and mostly frozen since. That's $70,906 below what the ratio math suggests (18.5%).

Step 4 · The tax rate — same for every Wall home

$2.126 per $100 assessed

$1.253 Schools · 59% $0.348 County · 16% $0.525 Town · 25%

Step 5 · The bill

$7,000/yr
Public schools$4,126
Monmouth County$1,146
Town of Wall$1,729
Wall average$10,496

This home vs. every recent Wall sale · assessed ÷ market

Town median 52.5%
This home · 48.7%

36%74%

Paying about right

This home's ratio lands inside Wall's normal band. The drift hasn't singled it out — no case for a tax appeal.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
2580 CRESTVIEW RD2025-05$540,00047.0%
1213 17TH AVE2025-12$606,0001,27649.0%
1431 MARCONI RD2026-05$535,0001,36064.7%
1625 W MAPLEWOOD RD2025-11$600,0001,21246.1%
1611 DUMONT TERR2026-05$732,5001,32640.5%
2397 RIVERCREST CT2025-01$1,100,0001,14640.8%
1777 BELMAR BLVD2025-10$635,0001,37949.2%
2006 LINCOLN AVE2025-03$455,0001,26958.6%
1219 CURTIS AVE2025-01$499,9991,46251.0%
1545 STERLING DR2025-09$775,0001,28646.4%
1648 RIVERVIEW TERR2025-06$575,0001,13653.0%
1238 LAKEWOOD RD2026-06$685,0001,24043.8%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →