The Fair Share Report
2137 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 $477,913 – $769,341, from 12 comparable Wall sales in the past 18 months, at this home's 1,056 sq ft.
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 $717,640 home should be assessed near $428,862.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $84,262 below what the ratio math suggests (19.6%).
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%78%
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 |
|---|---|---|---|---|
| 2809 ROOSEVELT ST | 2025-10 | $600,000 | 1,056 | 47.6% |
| 2134 OLD MILL RD | 2025-12 | $719,000 | 1,040 | 45.5% |
| 1014 GLENN ST | 2026-02 | $550,000 | 1,053 | 44.9% |
| 1129 MINNESINK RD | 2025-03 | $720,000 | 1,140 | 49.6% |
| 1103 MOHEGAN RD | 2026-05 | $900,000 | 1,215 | 42.1% |
| 1114 MOHEGAN RD | 2025-06 | $830,000 | 1,186 | 44.8% |
| 1838 HWY 35 UNIT 50 | 2025-08 | $450,000 | 1,012 | 56.0% |
| 1838 HWY 35 UNIT 15 | 2025-08 | $458,000 | 1,012 | 55.7% |
| 1838 HWY 35 UNIT 75 | 2025-03 | $420,000 | 1,012 | 57.0% |
| 1635 MARCONI RD | 2025-06 | $800,000 | 1,010 | 43.5% |
| 1515 WALNUT ST | 2025-06 | $775,000 | 994 | 48.2% |
| 2572 SUMMIT RD | 2025-03 | $730,000 | 1,002 | 55.5% |
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