The Fair Share Report

1119 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

≈ $683,027

Likely range $629,723 – $816,479, 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 $683,027 home should be assessed near $408,177.

Step 3 · Assessed value

$378,600

Set at the last town-wide revaluation and mostly frozen since. That's $29,577 below what the ratio math suggests (7.2%).

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

$8,401/yr
Public schools$4,951
Monmouth County$1,375
Town of Wall$2,075
Wall average$10,496

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

Town median 52.5%
This home · 55.4%

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
1215 MINTWOOD LN2025-07$807,0001,38255.2%
2406 CHERRY ST2025-09$680,0001,34855.9%
2514 RAMSHORN DR2025-05$650,0001,30470.5%
2710 JOHNSON ST2026-03$700,0001,26047.4%
2710 JOHNSON ST2025-09$465,0001,26071.3%
1545 STERLING DR2025-09$775,0001,28646.4%
2006 FAIRWAY DR2026-02$887,0001,40846.3%
3409 LANGDON RD2025-04$750,0001,49254.8%
1123 MOHEGAN RD2025-01$950,0001,22847.1%
1420 JANET PL2025-12$525,0001,42458.3%
1612 OAKWOOD RD2025-03$730,0001,46844.3%
1622 OAKWOOD RD2025-11$601,0001,46850.4%

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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 →