The Fair Share Report
1719 Pascal Pl
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.
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Step 1 · Market value
Likely range $610,118 – $761,282, 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 $627,674 home should be assessed near $375,098.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $93,598 below what the ratio math suggests (25.0%).
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
32%74%
Keep quiet and enjoy it
This home's assessment ratio sits below the Wall pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 1420 JANET PL | 2025-12 | $525,000 | 1,424 | 58.3% |
| 24 OLD MILL CT | 2026-05 | $580,000 | 1,386 | 44.3% |
| 80 RACQUET RD | 2025-12 | $661,000 | 1,508 | 52.4% |
| 2202 LINCRIS LN | 2025-07 | $1,225,000 | 1,576 | 42.7% |
| 3409 LANGDON RD | 2025-04 | $750,000 | 1,492 | 54.8% |
| 73 TARPON DR | 2026-05 | $665,000 | 1,550 | 52.5% |
| 192 TARPON DR | 2026-03 | $660,000 | 1,550 | 55.7% |
| 125 TARPON DR | 2025-10 | $650,000 | 1,550 | 54.2% |
| 94 TARPON DR | 2025-09 | $670,000 | 1,550 | 53.6% |
| 54 TARPON DR | 2025-07 | $650,000 | 1,550 | 53.1% |
| 275 TENNIS CT | 2026-04 | $727,000 | 1,516 | 48.9% |
| 176 TENNIS CT | 2025-05 | $650,000 | 1,516 | 54.7% |
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