The Fair Share Report
1118 Pine Rd
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 $476,958 – $653,915, 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 $570,951 home should be assessed near $341,200.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $117,200 below what the ratio math suggests (34.3%).
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
29%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 |
|---|---|---|---|---|
| 1648 RIVERVIEW TERR | 2025-06 | $575,000 | 1,136 | 53.0% |
| 2203 MONMOUTH BLVD | 2025-02 | $440,000 | 1,123 | 49.8% |
| 1106 18TH AVE | 2025-06 | $525,000 | 1,196 | 47.1% |
| 3118 ARTHUR ST | 2025-08 | $360,000 | 1,054 | 65.5% |
| 1407 EDGEMERE RD | 2026-05 | $570,000 | 1,008 | 48.5% |
| 1129 MINNESINK RD | 2025-03 | $720,000 | 1,140 | 49.6% |
| 2256 NEWARK AVE | 2026-05 | $700,000 | 1,131 | 44.3% |
| 1406 EDGEMERE RD | 2026-04 | $650,000 | 1,228 | 41.7% |
| 1014 GLENN ST | 2026-02 | $550,000 | 1,053 | 44.9% |
| 1625 W MAPLEWOOD RD | 2025-11 | $600,000 | 1,212 | 46.1% |
| 2006 LINCOLN AVE | 2025-03 | $455,000 | 1,269 | 58.6% |
| 1037 THIRD AVE | 2025-12 | $490,000 | 960 | 61.0% |
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