The Fair Share Report

1020 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

≈ $626,971

Likely range $522,371 – $694,908, from 12 comparable Wall sales in the past 18 months (home size estimated from assessor data — range widened).

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 $626,971 home should be assessed near $374,678.

Step 3 · Assessed value

$286,600

Set at the last town-wide revaluation and mostly frozen since. That's $88,078 below what the ratio math suggests (23.5%).

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

$6,414/yr
Public schools$3,780
Monmouth County$1,050
Town of Wall$1,584
Wall average$10,496

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

Town median 52.5%
This home · 45.7%

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
1238 LAKEWOOD RD2026-06$685,0001,24043.8%
1406 EDGEMERE RD2026-04$650,0001,22841.7%
1609 WATER ST2025-04$570,0001,35347.9%
1211 18TH AVE2026-01$607,5001,24843.3%
2514 RAMSHORN DR2025-05$650,0001,30470.5%
1704 CLINTON AVE2025-05$605,0001,25244.7%
1777 BELMAR BLVD2025-10$635,0001,37949.2%
1337 EAST CT2025-09$550,0001,45728.0%
2203 MONMOUTH BLVD2025-02$440,0001,12349.8%
1648 RIVERVIEW TERR2025-06$575,0001,13653.0%
1106 18TH AVE2025-06$525,0001,19647.1%
1219 CURTIS AVE2025-01$499,9991,46251.0%

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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 →