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.

Step 1 · Market value

≈ $706,529

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

59.76%

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

$362,300

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

$2.126 per $100 assessed

$1.253 Schools · 59% $0.348 County · 16% $0.525 Town · 25%

Step 5 · The bill

$8,108/yr
Public schools$4,779
Monmouth County$1,327
Town of Wall$2,002
Wall average$10,496

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

Town median 52.5%
This home · 51.3%

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
2511 MORNINGSTAR RD2026-02$780,0001,84369.0%
1808 COTTAGE PL2025-04$890,0001,77640.4%
1526 SUNSET TERR2025-04$861,0001,82845.8%
394 DEUCE DR2026-01$615,0001,65456.2%
384 DEUCE DR2025-12$575,0001,65457.1%
368 VOLLEY CT2025-07$574,0001,65457.4%
408 DEUCE DR2025-05$575,0001,65457.3%
316 LOVE LN2025-05$619,0001,65457.1%
212 TENNIS CT2025-04$650,0001,65454.5%
328 ACE DR2025-03$575,0001,65459.6%
1507 PRIMROSE PL2025-09$875,0002,00163.2%
2608 GARFIELD ST2025-12$730,9991,88252.0%

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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 →