The Fair Share Report

1731 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.

Step 1 · Market value

≈ $737,509

Likely range $658,850 – $1,191,350, 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 $737,509 home should be assessed near $440,735.

Step 3 · Assessed value

$355,900

Set at the last town-wide revaluation and mostly frozen since. That's $84,835 below what the ratio math suggests (19.2%).

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

$7,965/yr
Public schools$4,694
Monmouth County$1,304
Town of Wall$1,967
Wall average$10,496

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

Town median 52.5%
This home · 48.3%

24%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
1704 GROVE ST2026-01$1,111,0001,78036.3%
1813 WORLD ST2026-05$730,0001,75044.6%
1617 DORIS ST2025-09$775,0001,81251.7%
3010 ATLANTIC AVE2025-10$665,0001,68053.9%
1731 GROVE ST2026-05$632,5001,73452.0%
2411 FAIRVIEW DR2025-03$1,299,9001,86538.0%
3422 WEST HURLEY POND RD2025-01$705,0001,89065.5%
4604 BROAD ST2026-02$700,0001,83652.0%
2338 RAMSHORN DR2026-03$969,0001,89243.9%
3009 ALICIA DR2025-08$746,5001,87851.9%
1907 CRESCENT DR2025-03$825,0001,89661.4%
1417 VALLEY DR2025-09$610,0001,88347.0%

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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 →