The Fair Share Report

1335 E Ct

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

≈ $673,215

Likely range $525,360 – $807,584, from 12 comparable Wall sales in the past 18 months, at this home's 1,383 sq ft.

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 $673,215 home should be assessed near $402,313.

Step 3 · Assessed value

$304,800

Set at the last town-wide revaluation and mostly frozen since. That's $97,513 below what the ratio math suggests (24.2%).

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

$6,821/yr
Public schools$4,020
Monmouth County$1,117
Town of Wall$1,685
Wall average$10,496

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

Town median 52.5%
This home · 45.3%

32%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
3005 ATLANTIC AVE2025-09$670,0001,35462.5%
2006 FAIRWAY DR2026-02$887,0001,40846.3%
1337 EAST CT2025-09$550,0001,45728.0%
1777 BELMAR BLVD2025-10$635,0001,37949.2%
1609 WATER ST2025-04$570,0001,35347.9%
1611 DUMONT TERR2026-05$732,5001,32640.5%
2006 LINCOLN AVE2025-03$455,0001,26958.6%
1215 MINTWOOD LN2025-07$807,0001,38255.2%
3008 BELMAR BLVD2025-05$690,0001,46945.2%
912 SEA GIRT AVE2025-02$1,775,0001,50932.3%
1406 EDGEMERE RD2026-04$650,0001,22841.7%
1211 18TH AVE2026-01$607,5001,24843.3%

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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 →