The Fair Share Report
1117 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $468,261 – $759,744, 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 $674,955 home should be assessed near $403,353.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $32,353 below what the ratio math suggests (8.0%).
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%85%
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 |
|---|---|---|---|---|
| 1611 DUMONT TERR | 2026-05 | $732,500 | 1,326 | 40.5% |
| 2006 FAIRWAY DR | 2026-02 | $887,000 | 1,408 | 46.3% |
| 1337 EAST CT | 2025-09 | $550,000 | 1,457 | 28.0% |
| 1545 STERLING DR | 2025-09 | $775,000 | 1,286 | 46.4% |
| 1238 LAKEWOOD RD | 2026-06 | $685,000 | 1,240 | 43.8% |
| 1777 BELMAR BLVD | 2025-10 | $635,000 | 1,379 | 49.2% |
| 2406 CHERRY ST | 2025-09 | $680,000 | 1,348 | 55.9% |
| 2514 RAMSHORN DR | 2025-05 | $650,000 | 1,304 | 70.5% |
| 2710 JOHNSON ST | 2026-03 | $700,000 | 1,260 | 47.4% |
| 2710 JOHNSON ST | 2025-09 | $465,000 | 1,260 | 71.3% |
| 1215 MINTWOOD LN | 2025-07 | $807,000 | 1,382 | 55.2% |
| 2580 CRESTVIEW RD | 2025-05 | $540,000 | — | 47.0% |
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