The Fair Share Report

2145 Eighth Ave

Wall, NJ 08750

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

≈ $823,427

Likely range $733,236 – $952,641, 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 $823,427 home should be assessed near $492,080.

Step 3 · Assessed value

$510,100

Set at the last town-wide revaluation and mostly frozen since. That's $18,020 above what the ratio math suggests (3.7%).

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

$11,319/yr
Public schools$6,671
Monmouth County$1,853
Town of Wall$2,795
Wall average$10,496

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

Town median 52.5%
This home · 61.9%

36%75%

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
3245 RAMBLING HILL CT2025-08$955,0002,15448.8%
2205 MONMOUTH BLVD2025-08$775,0002,16852.9%
142 TARPON DR2025-09$757,5002,14055.2%
2562 RIVER RD2025-04$1,045,0002,06450.1%
151 SOUTH MANOR CT2025-11$880,0002,14350.8%
3113 HARRISON ST2025-11$649,0002,03648.9%
183 SOUTH MANOR CT2025-10$699,0002,15560.0%
4709 MEGILL RD2025-12$840,0002,05457.7%
2703 WOOLLEY RD2025-05$765,0001,99740.9%
3409 WATERVIEW WAY2025-07$930,0002,28858.4%
11 TARPON DR2026-02$785,0002,00253.8%
196 TARPON DR2026-01$725,0002,00256.1%

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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 →