The Fair Share Report
1737A 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $722,132 – $958,525, 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 $809,922 home should be assessed near $484,009.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $66,709 below what the ratio math suggests (13.8%).
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
36%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 1120 PENNSYLVANIA AVE | 2025-08 | $940,000 | 1,887 | 50.7% |
| 1623 MARIGOLD AVE | 2026-06 | $1,050,000 | 1,896 | 47.8% |
| 22 TARPON DR | 2025-06 | $780,000 | 1,972 | 52.7% |
| 2526 MORNINGSTAR RD | 2026-06 | $850,000 | 1,885 | 62.1% |
| 1808 COTTAGE PL | 2025-04 | $890,000 | 1,776 | 40.4% |
| 11 TARPON DR | 2026-02 | $785,000 | 2,002 | 53.8% |
| 196 TARPON DR | 2026-01 | $725,000 | 2,002 | 56.1% |
| 106 TARPON DR | 2025-09 | $750,000 | 2,002 | 53.9% |
| 2616 LANTERN LIGHT WAY | 2025-04 | $812,500 | 1,891 | 66.9% |
| 2511 MORNINGSTAR RD | 2026-02 | $780,000 | 1,843 | 69.0% |
| 2578 COLLIER RD | 2026-03 | $835,000 | 1,855 | 63.4% |
| 2531 MORNINGSTAR RD | 2025-04 | $949,000 | 1,924 | 57.9% |
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