The Fair Share Report
1021 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $481,749 – $959,140, from 12 comparable Wall sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Wall assessments sit below market value — republished every October, applied town-wide. A $639,034 home should be assessed near $381,887.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $92,587 below what the ratio math suggests (24.2%).
Step 4 · The tax rate — same for every Wall home
$1.253 Schools · 59% $0.348 County · 16% $0.525 Town · 25%
Step 5 · The bill
This home vs. every recent Wall sale · assessed ÷ market
25%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 1103 MOHEGAN RD | 2026-05 | $900,000 | 1,215 | 42.1% |
| 1420 JANET PL | 2025-12 | $525,000 | 1,424 | 58.3% |
| 47 OLD MILL CT | 2025-12 | $470,000 | 1,264 | 55.2% |
| 32 OLD MILL CT | 2025-12 | $505,000 | 1,264 | 51.2% |
| 2514 RAMSHORN DR | 2025-05 | $650,000 | 1,304 | 70.5% |
| 1123 MOHEGAN RD | 2025-01 | $950,000 | 1,228 | 47.1% |
| 1114 MOHEGAN RD | 2025-06 | $830,000 | 1,186 | 44.8% |
| 1211 18TH AVE | 2026-01 | $607,500 | 1,248 | 43.3% |
| 1215 MINTWOOD LN | 2025-07 | $807,000 | 1,382 | 55.2% |
| 2710 JOHNSON ST | 2026-03 | $700,000 | 1,260 | 47.4% |
| 2710 JOHNSON ST | 2025-09 | $465,000 | 1,260 | 71.3% |
| 24 OLD MILL CT | 2026-05 | $580,000 | 1,386 | 44.3% |
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