The Fair Share Report

2002 Hillview 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

≈ $778,849

Likely range $571,116 – $953,287, 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 $778,849 home should be assessed near $465,440.

Step 3 · Assessed value

$385,100

Set at the last town-wide revaluation and mostly frozen since. That's $80,340 below what the ratio math suggests (17.3%).

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

$8,549/yr
Public schools$5,039
Monmouth County$1,399
Town of Wall$2,111
Wall average$10,496

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

Town median 52.5%
This home · 49.4%

35%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
1412 BAY PLAZA2026-01$899,0001,71046.6%
1307 W MAGNOLIA AVE2025-04$917,0001,81647.2%
1706 FOREST ST2025-11$1,222,2221,73430.6%
3007 PIERCE ST2025-07$660,0001,96654.3%
1800 SHORE DR2026-04$725,0001,68848.8%
2174 BEGONIA AVE2026-01$750,0001,75657.6%
2580 CRESTVIEW RD2025-05$540,00047.0%
1417 VALLEY DR2025-09$610,0001,88347.0%
1517 VALLEY DR2025-03$500,0001,64162.0%
2384 RIVERSIDE TERR2025-07$937,5002,04842.4%
2914 ARTHUR ST2025-05$515,0001,87277.5%
1617 DORIS ST2025-09$775,0001,81251.7%

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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 →