The Fair Share Report

1033 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

≈ $794,167

Likely range $602,823 – $964,860, 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 $794,167 home should be assessed near $474,594.

Step 3 · Assessed value

$378,800

Set at the last town-wide revaluation and mostly frozen since. That's $95,794 below what the ratio math suggests (20.2%).

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

$8,478/yr
Public schools$4,996
Monmouth County$1,388
Town of Wall$2,093
Wall average$10,496

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

Town median 52.5%
This home · 47.7%

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
1644 RIVERVIEW TERR2026-05$710,0001,86844.9%
1412 BAY PLAZA2026-01$899,0001,71046.6%
3007 PIERCE ST2025-07$660,0001,96654.3%
2914 ARTHUR ST2025-05$515,0001,87277.5%
1641 RIVERVIEW TERR2025-07$880,0001,80044.4%
2384 RIVERSIDE TERR2025-07$937,5002,04842.4%
1307 W MAGNOLIA AVE2025-04$917,0001,81647.2%
2174 BEGONIA AVE2026-01$750,0001,75657.6%
2816 MC KINLEY ST2026-05$795,0002,07243.3%
1706 FOREST ST2025-11$1,222,2221,73430.6%
905 17TH AVE2025-09$800,0001,92048.5%
1822 SOUTH M ST2026-03$622,5002,10658.8%

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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 →