The Fair Share Report

1103 Ivanhoe Path

Wall, NJ 08736

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

≈ $917,720

Likely range $786,481 – $1,007,048, 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 $917,720 home should be assessed near $548,429.

Step 3 · Assessed value

$483,400

Set at the last town-wide revaluation and mostly frozen since. That's $65,029 below what the ratio math suggests (11.9%).

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

$10,727/yr
Public schools$6,322
Monmouth County$1,756
Town of Wall$2,649
Wall average$10,496

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

Town median 52.5%
This home · 52.7%

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
1612 HWY 342025-09$745,0002,10156.6%
2816 MC KINLEY ST2026-05$795,0002,07243.3%
2384 RIVERSIDE TERR2025-07$937,5002,04842.4%
1314 WILLOW DR2025-12$1,050,0002,42142.3%
2914 ARTHUR ST2025-05$515,0001,87277.5%
2003 GARDNER RD2025-07$925,0002,27649.2%
1107 MANITO RD2025-01$845,0002,07849.8%
1422 LAKEWOOD RD2026-03$957,0002,09451.7%
3506 BELMAR BLVD2025-12$875,0002,02449.9%
1304 LENAPE TR2025-08$950,0002,03148.2%
2155A TERRACE PL2025-07$1,555,0002,01633.1%
1307 W MAGNOLIA AVE2025-04$917,0001,81647.2%

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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 →