The Fair Share Report

1802 Celeste Dr

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

≈ $1,226,002

Likely range $1,038,291 – $1,530,429, from 12 comparable Wall sales in the past 18 months, at this home's 3,565 sq ft.

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 $1,226,002 home should be assessed near $732,659.

Step 3 · Assessed value

$771,500

Set at the last town-wide revaluation and mostly frozen since. That's $38,841 above what the ratio math suggests (5.3%).

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

$17,127/yr
Public schools$10,094
Monmouth County$2,804
Town of Wall$4,229
Wall average$10,496

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

Town median 52.5%
This home · 62.9%

36%80%

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
1656 MARTIN RD2025-09$950,0003,44655.8%
1801 CELESTE DR2025-04$1,150,0003,34459.6%
4040 HERBERTSVILLE RD2025-12$1,075,0003,49057.4%
2420 RAMSHORN DR2025-01$1,270,0003,58655.4%
3319 BRINLEY RD2025-06$1,200,0003,84346.1%
1910 ROBIN HOOD DR2026-06$1,500,0003,33447.0%
2102 PRINCETON CT2025-07$1,600,0004,12141.7%
2227 CHRISTOPHER WAY2026-01$1,450,0003,67960.2%
1807 BRIDLEMERE AVE2025-12$1,355,0003,11351.4%
3411 SLEEPY HOLLOW CT2025-01$825,0003,55067.5%
1442 GARRETT DR2025-12$1,400,0003,11848.4%
2567 RIVER RD2026-03$4,900,0003,62127.2%

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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 →