The Fair Share Report
1137 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 $851,527 – $1,170,709, 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 $1,083,429 home should be assessed near $647,457.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $106,957 below what the ratio math suggests (16.5%).
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%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 |
|---|---|---|---|---|
| 1314 WILLOW DR | 2025-12 | $1,050,000 | 2,421 | 42.3% |
| 1314 WINDING BROOK LN | 2025-12 | $975,000 | 2,731 | 57.9% |
| 1406 FRANCES DR | 2025-06 | $1,110,000 | 2,432 | 47.7% |
| 2179 WINDFIELD DR | 2025-01 | $760,000 | 2,546 | 69.4% |
| 1304 W MAGNOLIA AVE | 2026-06 | $1,150,000 | 2,386 | 41.5% |
| 3412 BRANDON RD | 2025-11 | $1,300,000 | 2,401 | 40.5% |
| 2003 GARDNER RD | 2025-07 | $925,000 | 2,276 | 49.2% |
| 2146 SPRUCE DR | 2025-09 | $1,325,000 | 2,308 | 43.4% |
| 1494 OCEAN RD | 2025-07 | $1,075,000 | 2,442 | 46.8% |
| 2806 BUCHANAN ST | 2025-03 | $1,200,000 | 2,800 | 50.4% |
| 1624 DUMONT TERR | 2025-11 | $756,500 | 2,648 | 55.0% |
| 1903 CRESCENT DR | 2026-05 | $885,000 | 2,307 | 62.9% |
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