The Fair Share Report

1025 Second 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

≈ $911,901

Likely range $798,568 – $1,063,381, 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 $911,901 home should be assessed near $544,952.

Step 3 · Assessed value

$415,000

Set at the last town-wide revaluation and mostly frozen since. That's $129,952 below what the ratio math suggests (23.8%).

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

$9,288/yr
Public schools$5,474
Monmouth County$1,520
Town of Wall$2,294
Wall average$10,496

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

Town median 52.5%
This home · 45.5%

34%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
1700 M ST2025-06$1,150,0002,20044.3%
1207 BAYBERRY RD2025-12$940,0002,12862.0%
2608 GARFIELD ST2025-12$730,9991,88252.0%
2420 ROBIN WAY2025-11$750,0002,07960.4%
1602A W PINE TREE RD2025-11$1,215,0002,19640.0%
1533 HARVEST LN2026-04$999,9992,05562.4%
1012 GLENN ST2025-12$1,275,0002,01438.5%
1526 SUNSET TERR2025-04$861,0001,82845.8%
2409 ROBIN WAY2026-05$790,0002,04656.8%
2433 ROBIN WAY2025-09$850,0002,04656.5%
2406 ROBIN WAY2025-04$878,0002,04654.2%
151 SOUTH MANOR CT2025-11$880,0002,14350.8%

Is this your house?

Run your own report →

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 →