The Fair Share Report

1132 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

≈ $694,633

Likely range $501,245 – $810,783, 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 $694,633 home should be assessed near $415,113.

Step 3 · Assessed value

$373,100

Set at the last town-wide revaluation and mostly frozen since. That's $42,013 below what the ratio math suggests (10.1%).

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

$8,279/yr
Public schools$4,879
Monmouth County$1,355
Town of Wall$2,044
Wall average$10,496

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

Town median 52.5%
This home · 53.7%

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)

AddressSoldPriceSq ftRatio
1337 EAST CT2025-09$550,0001,45728.0%
1830 NEW BEDFORD RD2025-03$710,0001,50259.7%
906 HOMESTEAD RD2025-06$1,475,0001,53634.7%
2006 FAIRWAY DR2026-02$887,0001,40846.3%
1622 OAKWOOD RD2025-11$601,0001,46850.4%
1612 OAKWOOD RD2025-03$730,0001,46844.3%
1215 MINTWOOD LN2025-07$807,0001,38255.2%
1211 18TH AVE2026-01$607,5001,24843.3%
1219 CURTIS AVE2025-01$499,9991,46251.0%
3409 LANGDON RD2025-04$750,0001,49254.8%
1238 LAKEWOOD RD2026-06$685,0001,24043.8%
1616 OAKWOOD RD2025-07$437,5001,55572.7%

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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 →