The Fair Share Report

1507 Maple St

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

≈ $1,467,753

Likely range $1,105,722 – $1,700,128, 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 $1,467,753 home should be assessed near $877,129.

Step 3 · Assessed value

$651,800

Set at the last town-wide revaluation and mostly frozen since. That's $225,329 below what the ratio math suggests (25.7%).

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

$14,470/yr
Public schools$8,528
Monmouth County$2,369
Town of Wall$3,573
Wall average$10,496

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

Town median 52.5%
This home · 44.4%

33%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
1910 ROBIN HOOD DR2026-06$1,500,0003,33447.0%
1801 CELESTE DR2025-04$1,150,0003,34459.6%
2404 RIVERSIDE TERR2025-08$1,299,9993,65450.8%
2322 ORCHARD CREST BLVD2025-01$1,514,0003,33347.5%
1101 HAWTHORNE PKWY2025-08$1,575,0003,03728.1%
2528 RIVER RD2026-01$1,400,0004,07459.5%
1353 TAMARACK RD2025-10$1,675,0003,46043.3%
2547 RIVER RD2025-10$4,850,0004,33427.3%
2805 WILLIAMSBURG DR2025-05$1,400,0003,66960.4%
2705 BUCHANAN ST2025-11$599,0003,10182.1%
2100 PRINCETON CT2025-11$1,275,0002,97055.9%
2100 PRINCETON CT2025-05$865,0002,97082.4%

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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 →