The Fair Share Report

2149 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

≈ $1,236,709

Likely range $875,686 – $1,599,887, 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 $1,236,709 home should be assessed near $739,057.

Step 3 · Assessed value

$728,900

Set at the last town-wide revaluation and mostly frozen since. That's $10,157 below what the ratio math suggests (1.4%).

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

$16,174/yr
Public schools$9,533
Monmouth County$2,648
Town of Wall$3,994
Wall average$10,496

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

Town median 52.5%
This home · 58.9%

36%89%

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
3411 SLEEPY HOLLOW CT2025-01$825,0003,55067.5%
2567 RIVER RD2026-03$4,900,0003,62127.2%
2420 RAMSHORN DR2025-01$1,270,0003,58655.4%
1334 WILLOW DR2025-10$1,450,0002,86945.4%
1310 ATLANTIC AVE2026-05$1,120,0003,40663.2%
2571 MORNINGSTAR RD2025-01$1,555,0003,55043.2%
2502 SPARROWBUSH LN2025-08$1,060,0003,72766.0%
5106 MARSHALL RD2025-01$999,9994,00873.5%
1549 STERLING DR2025-07$1,399,0003,24152.5%
1998 MANOR DR2025-07$754,0002,87463.0%
231 OVAL RD2025-01$1,450,0004,24753.1%
2216 HILL AVE2026-01$1,249,0002,70142.6%

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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 →