The Fair Share Report
2125 First Ave
Wall, NJ 08720
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 $501,210 – $791,038, 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 $691,278 home should be assessed near $413,108.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $9,608 below what the ratio math suggests (2.3%).
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%86%
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 |
|---|---|---|---|---|
| 1215 MINTWOOD LN | 2025-07 | $807,000 | 1,382 | 55.2% |
| 1830 NEW BEDFORD RD | 2025-03 | $710,000 | 1,502 | 59.7% |
| 1337 EAST CT | 2025-09 | $550,000 | 1,457 | 28.0% |
| 912 SEA GIRT AVE | 2025-02 | $1,775,000 | 1,509 | 32.3% |
| 2514 RAMSHORN DR | 2025-05 | $650,000 | 1,304 | 70.5% |
| 3409 LANGDON RD | 2025-04 | $750,000 | 1,492 | 54.8% |
| 3005 ATLANTIC AVE | 2025-09 | $670,000 | 1,354 | 62.5% |
| 1420 JANET PL | 2025-12 | $525,000 | 1,424 | 58.3% |
| 1238 LAKEWOOD RD | 2026-06 | $685,000 | 1,240 | 43.8% |
| 1777 BELMAR BLVD | 2025-10 | $635,000 | 1,379 | 49.2% |
| 3228 ALLAIRE RD | 2025-11 | $749,000 | 1,608 | 35.0% |
| 3001 HARRISON ST | 2025-07 | $600,000 | 1,558 | 56.0% |
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