The Fair Share Report
1126 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 $539,022 – $895,135, 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 $700,518 home should be assessed near $418,630.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $14,630 below what the ratio math suggests (3.5%).
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%80%
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 |
|---|---|---|---|---|
| 1613 W PINE TREE RD | 2025-11 | $900,000 | 1,592 | 43.9% |
| 1800 SHORE DR | 2026-04 | $725,000 | 1,688 | 48.8% |
| 1423 SOMMERS ST | 2025-05 | $735,000 | 1,614 | 49.5% |
| 1641 RIVERVIEW TERR | 2025-07 | $880,000 | 1,800 | 44.4% |
| 1412 BAY PLAZA | 2026-01 | $899,000 | 1,710 | 46.6% |
| 1517 VALLEY DR | 2025-03 | $500,000 | 1,641 | 62.0% |
| 1137 HILLTOP DR | 2025-05 | $555,000 | 1,532 | 47.7% |
| 2909 ARTHUR ST | 2025-08 | $530,000 | 1,644 | 47.2% |
| 1219 CURTIS AVE | 2025-01 | $499,999 | 1,462 | 51.0% |
| 3007 PIERCE ST | 2025-07 | $660,000 | 1,966 | 54.3% |
| 3008 BELMAR BLVD | 2025-05 | $690,000 | 1,469 | 45.2% |
| 2897 HWY 138 | 2025-12 | $600,000 | 1,716 | 45.5% |
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