The Fair Share Report
2129 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 $646,530 – $869,279, 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 $779,027 home should be assessed near $465,547.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $29,453 above what the ratio math suggests (6.3%).
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%82%
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 |
|---|---|---|---|---|
| 1706 FOREST ST | 2025-11 | $1,222,222 | 1,734 | 30.6% |
| 3228 ALLAIRE RD | 2025-11 | $749,000 | 1,608 | 35.0% |
| 2338 RAMSHORN DR | 2026-03 | $969,000 | 1,892 | 43.9% |
| 2384 RIVERSIDE TERR | 2025-07 | $937,500 | 2,048 | 42.4% |
| 1612 HWY 34 | 2025-09 | $745,000 | 2,101 | 56.6% |
| 1813 WORLD ST | 2026-05 | $730,000 | 1,750 | 44.6% |
| 3422 WEST HURLEY POND RD | 2025-01 | $705,000 | 1,890 | 65.5% |
| 1830 NEW BEDFORD RD | 2025-03 | $710,000 | 1,502 | 59.7% |
| 1731 GROVE ST | 2026-05 | $632,500 | 1,734 | 52.0% |
| 3009 ALICIA DR | 2025-08 | $746,500 | 1,878 | 51.9% |
| 2914 ARTHUR ST | 2025-05 | $515,000 | 1,872 | 77.5% |
| 3010 ATLANTIC AVE | 2025-10 | $665,000 | 1,680 | 53.9% |
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