The Fair Share Report

1308 Squirrel Rd

Wall, NJ 07719

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

≈ $688,880

Likely range $556,618 – $835,349, 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 $688,880 home should be assessed near $411,675.

Step 3 · Assessed value

$288,200

Set at the last town-wide revaluation and mostly frozen since. That's $123,475 below what the ratio math suggests (30.0%).

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

$6,398/yr
Public schools$3,771
Monmouth County$1,047
Town of Wall$1,580
Wall average$10,496

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

Town median 52.5%
This home · 41.8%

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)

AddressSoldPriceSq ftRatio
1215 MINTWOOD LN2025-07$807,0001,38255.2%
1420 JANET PL2025-12$525,0001,42458.3%
3409 LANGDON RD2025-04$750,0001,49254.8%
2514 RAMSHORN DR2025-05$650,0001,30470.5%
1704 CLINTON AVE2025-05$605,0001,25244.7%
2551 CRESTVIEW RD2026-06$853,0001,20043.7%
24 OLD MILL CT2026-05$580,0001,38644.3%
2202 LINCRIS LN2025-07$1,225,0001,57642.7%
1830 NEW BEDFORD RD2025-03$710,0001,50259.7%
1609 WATER ST2025-04$570,0001,35347.9%
1337 EAST CT2025-09$550,0001,45728.0%
1407 ROGERS RD2026-06$725,0001,24838.7%

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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 →