The Fair Share Report
2163 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 $718,796 – $1,224,951, from 12 comparable Wall sales in the past 18 months (home size estimated from assessor data — range widened).
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 $991,832 home should be assessed near $592,719.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $8,619 below what the ratio math suggests (1.5%).
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%87%
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 |
|---|---|---|---|---|
| 1314 WILLOW DR | 2025-12 | $1,050,000 | 2,421 | 42.3% |
| 2806 BUCHANAN ST | 2025-03 | $1,200,000 | 2,800 | 50.4% |
| 1314 WINDING BROOK LN | 2025-12 | $975,000 | 2,731 | 57.9% |
| 4404 BELMAR BLVD | 2025-04 | $730,000 | 2,712 | 71.0% |
| 1406 FRANCES DR | 2025-06 | $1,110,000 | 2,432 | 47.7% |
| 2179 WINDFIELD DR | 2025-01 | $760,000 | 2,546 | 69.4% |
| 4803 MEGILL RD | 2025-07 | $877,500 | 3,046 | 59.9% |
| 3412 BRANDON RD | 2025-11 | $1,300,000 | 2,401 | 40.5% |
| 1612 HWY 34 | 2025-09 | $745,000 | 2,101 | 56.6% |
| 2816 MC KINLEY ST | 2026-05 | $795,000 | 2,072 | 43.3% |
| 2146 SPRUCE DR | 2025-09 | $1,325,000 | 2,308 | 43.4% |
| 2003 BELMAR BLVD | 2025-03 | $910,000 | 2,620 | 45.0% |
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