The Fair Share Report

1925 Central Ave

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

≈ $594,956

Likely range $533,180 – $700,672, 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 $594,956 home should be assessed near $355,546.

Step 3 · Assessed value

$243,300

Set at the last town-wide revaluation and mostly frozen since. That's $112,246 below what the ratio math suggests (31.6%).

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

$5,195/yr
Public schools$3,062
Monmouth County$850
Town of Wall$1,283
Wall average$10,496

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

Town median 52.5%
This home · 40.9%

29%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)

AddressSoldPriceSq ftRatio
1014 GLENN ST2026-02$550,0001,05344.9%
2256 NEWARK AVE2026-05$700,0001,13144.3%
2203 MONMOUTH BLVD2025-02$440,0001,12349.8%
3118 ARTHUR ST2025-08$360,0001,05465.5%
1406 EDGEMERE RD2026-04$650,0001,22841.7%
2404 LENAPE TR2025-12$735,00095744.2%
2134 OLD MILL RD2025-12$719,0001,04045.5%
1238 LAKEWOOD RD2026-06$685,0001,24043.8%
1648 RIVERVIEW TERR2025-06$575,0001,13653.0%
1407 EDGEMERE RD2026-05$570,0001,00848.5%
2551 CRESTVIEW RD2026-06$853,0001,20043.7%
1129 MINNESINK RD2025-03$720,0001,14049.6%

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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 →