The Fair Share Report
1026 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $614,561 – $816,747, 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 $706,529 home should be assessed near $422,222.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $59,922 below what the ratio math suggests (14.2%).
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
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 2511 MORNINGSTAR RD | 2026-02 | $780,000 | 1,843 | 69.0% |
| 1808 COTTAGE PL | 2025-04 | $890,000 | 1,776 | 40.4% |
| 1526 SUNSET TERR | 2025-04 | $861,000 | 1,828 | 45.8% |
| 394 DEUCE DR | 2026-01 | $615,000 | 1,654 | 56.2% |
| 384 DEUCE DR | 2025-12 | $575,000 | 1,654 | 57.1% |
| 368 VOLLEY CT | 2025-07 | $574,000 | 1,654 | 57.4% |
| 408 DEUCE DR | 2025-05 | $575,000 | 1,654 | 57.3% |
| 316 LOVE LN | 2025-05 | $619,000 | 1,654 | 57.1% |
| 212 TENNIS CT | 2025-04 | $650,000 | 1,654 | 54.5% |
| 328 ACE DR | 2025-03 | $575,000 | 1,654 | 59.6% |
| 1507 PRIMROSE PL | 2025-09 | $875,000 | 2,001 | 63.2% |
| 2608 GARFIELD ST | 2025-12 | $730,999 | 1,882 | 52.0% |
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