The Fair Share Report

1509 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

≈ $989,963

Likely range $808,212 – $1,306,459, 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 $989,963 home should be assessed near $591,602.

Step 3 · Assessed value

$455,600

Set at the last town-wide revaluation and mostly frozen since. That's $136,002 below what the ratio math suggests (23.0%).

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

$10,114/yr
Public schools$5,961
Monmouth County$1,656
Town of Wall$2,498
Wall average$10,496

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

Town median 52.5%
This home · 46.0%

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
2204 LINCRIS LN2025-08$1,800,0002,18035.0%
2171 WINDFIELD DR2026-04$850,0002,18652.7%
2166 WINDFIELD DR2026-03$815,5002,18659.4%
1422 LAKEWOOD RD2026-03$957,0002,09451.7%
2155A TERRACE PL2025-07$1,555,0002,01633.1%
3506 BELMAR BLVD2025-12$875,0002,02449.9%
2146 SPRUCE DR2025-09$1,325,0002,30843.4%
2562 RIVER RD2025-04$1,045,0002,06450.1%
2205 MONMOUTH BLVD2025-08$775,0002,16852.9%
3412 BRANDON RD2025-11$1,300,0002,40140.5%
2003 GARDNER RD2025-07$925,0002,27649.2%
1908 SHERWOOD DR2025-12$1,325,0001,96644.7%

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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 →