The Fair Share Report
2151 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $619,183 – $803,368, from 12 comparable Wall sales in the past 18 months, at this home's 1,272 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 $702,677 home should be assessed near $419,920.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $27,920 below what the ratio math suggests (6.6%).
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%74%
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 |
|---|---|---|---|---|
| 2514 RAMSHORN DR | 2025-05 | $650,000 | 1,304 | 70.5% |
| 1114 MOHEGAN RD | 2025-06 | $830,000 | 1,186 | 44.8% |
| 1103 MOHEGAN RD | 2026-05 | $900,000 | 1,215 | 42.1% |
| 1211 18TH AVE | 2026-01 | $607,500 | 1,248 | 43.3% |
| 2710 JOHNSON ST | 2026-03 | $700,000 | 1,260 | 47.4% |
| 2710 JOHNSON ST | 2025-09 | $465,000 | 1,260 | 71.3% |
| 1215 MINTWOOD LN | 2025-07 | $807,000 | 1,382 | 55.2% |
| 1238 LAKEWOOD RD | 2026-06 | $685,000 | 1,240 | 43.8% |
| 1704 CLINTON AVE | 2025-05 | $605,000 | 1,252 | 44.7% |
| 1129 MINNESINK RD | 2025-03 | $720,000 | 1,140 | 49.6% |
| 1545 STERLING DR | 2025-09 | $775,000 | 1,286 | 46.4% |
| 1622 OAKWOOD RD | 2025-11 | $601,000 | 1,468 | 50.4% |
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