The Fair Share Report

2153 Eighth Ave

Wall, NJ 08742

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

≈ $768,380

Likely range $658,278 – $935,763, 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 $768,380 home should be assessed near $459,184.

Step 3 · Assessed value

$485,100

Set at the last town-wide revaluation and mostly frozen since. That's $25,916 above what the ratio math suggests (5.6%).

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

$10,764/yr
Public schools$6,344
Monmouth County$1,762
Town of Wall$2,658
Wall average$10,496

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

Town median 52.5%
This home · 63.1%

36%79%

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
1706 FOREST ST2025-11$1,222,2221,73430.6%
2914 ARTHUR ST2025-05$515,0001,87277.5%
1800 SHORE DR2026-04$725,0001,68848.8%
1412 BAY PLAZA2026-01$899,0001,71046.6%
3008 BELMAR BLVD2025-05$690,0001,46945.2%
4604 BROAD ST2026-02$700,0001,83652.0%
3001 HARRISON ST2025-07$600,0001,55856.0%
1307 W MAGNOLIA AVE2025-04$917,0001,81647.2%
1704 GROVE ST2026-01$1,111,0001,78036.3%
1219 CURTIS AVE2025-01$499,9991,46251.0%
2384 RIVERSIDE TERR2025-07$937,5002,04842.4%
3007 PIERCE ST2025-07$660,0001,96654.3%

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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 →