The Fair Share Report
1908 Shadow Brook 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $1,075,658 – $1,663,419, 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 $1,446,251 home should be assessed near $864,280.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $46,880 below what the ratio math suggests (5.4%).
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%81%
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 |
|---|---|---|---|---|
| 1656 MARTIN RD | 2025-09 | $950,000 | 3,446 | 55.8% |
| 3319 BRINLEY RD | 2025-06 | $1,200,000 | 3,843 | 46.1% |
| 1801 CELESTE DR | 2025-04 | $1,150,000 | 3,344 | 59.6% |
| 2102 PRINCETON CT | 2025-07 | $1,600,000 | 4,121 | 41.7% |
| 2227 CHRISTOPHER WAY | 2026-01 | $1,450,000 | 3,679 | 60.2% |
| 2420 RAMSHORN DR | 2025-01 | $1,270,000 | 3,586 | 55.4% |
| 4040 HERBERTSVILLE RD | 2025-12 | $1,075,000 | 3,490 | 57.4% |
| 2808 CONCORD DR | 2026-01 | $2,040,000 | 3,866 | 48.2% |
| 3104 ALLAIRE RD | 2025-06 | $1,165,000 | 4,248 | 63.5% |
| 1609 SHERIDAN DR | 2025-09 | $1,800,000 | 4,193 | 47.5% |
| 2567 RIVER RD | 2026-03 | $4,900,000 | 3,621 | 27.2% |
| 1807 BRIDLEMERE AVE | 2025-12 | $1,355,000 | 3,113 | 51.4% |
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