The Fair Share Report

1009 Third Ave

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

≈ $627,704

Likely range $613,935 – $661,545, from 12 comparable Wall sales in the past 18 months, at this home's 1,464 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 $627,704 home should be assessed near $375,116.

Step 3 · Assessed value

$367,200

Set at the last town-wide revaluation and mostly frozen since. That's $7,916 below what the ratio math suggests (2.1%).

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

$8,218/yr
Public schools$4,843
Monmouth County$1,345
Town of Wall$2,029
Wall average$10,496

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

Town median 52.5%
This home · 58.5%

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
275 TENNIS CT2026-04$727,0001,51648.9%
176 TENNIS CT2025-05$650,0001,51654.7%
2104 XANADU LANE2026-06$682,5001,39252.1%
2401 XANADU LANE2026-05$731,0001,39249.2%
1210 XANADU LANE2026-04$695,8881,54053.9%
80 RACQUET RD2025-12$661,0001,50852.4%
73 TARPON DR2026-05$665,0001,55052.5%
192 TARPON DR2026-03$660,0001,55055.7%
125 TARPON DR2025-10$650,0001,55054.2%
94 TARPON DR2025-09$670,0001,55053.6%
54 TARPON DR2025-07$650,0001,55053.1%
2210 XANADU LANE2025-06$650,0001,54058.5%

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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 →