The Fair Share Report

2004 Gardner Rd

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

≈ $1,059,975

Likely range $924,003 – $1,386,476, 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 $1,059,975 home should be assessed near $633,441.

Step 3 · Assessed value

$517,200

Set at the last town-wide revaluation and mostly frozen since. That's $116,241 below what the ratio math suggests (18.4%).

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

$11,482/yr
Public schools$6,767
Monmouth County$1,879
Town of Wall$2,835
Wall average$10,496

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

Town median 52.5%
This home · 48.8%

32%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
1406 FRANCES DR2025-06$1,110,0002,43247.7%
3412 BRANDON RD2025-11$1,300,0002,40140.5%
2146 SPRUCE DR2025-09$1,325,0002,30843.4%
1314 WILLOW DR2025-12$1,050,0002,42142.3%
2179 WINDFIELD DR2025-01$760,0002,54669.4%
2003 GARDNER RD2025-07$925,0002,27649.2%
2204 LINCRIS LN2025-08$1,800,0002,18035.0%
2171 WINDFIELD DR2026-04$850,0002,18652.7%
2166 WINDFIELD DR2026-03$815,5002,18659.4%
1314 WINDING BROOK LN2025-12$975,0002,73157.9%
2003 BELMAR BLVD2025-03$910,0002,62045.0%
1422 LAKEWOOD RD2026-03$957,0002,09451.7%

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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 →