The Fair Share Report

2175 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

≈ $887,302

Likely range $747,737 – $940,037, from 12 comparable Wall sales in the past 18 months, at this home's 2,313 sq ft.

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 $887,302 home should be assessed near $530,252.

Step 3 · Assessed value

$532,500

Set at the last town-wide revaluation and mostly frozen since. That's $2,248 above what the ratio math suggests (0.4%).

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

$11,816/yr
Public schools$6,964
Monmouth County$1,934
Town of Wall$2,918
Wall average$10,496

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

Town median 52.5%
This home · 60.0%

36%77%

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
3011 ATLANTIC AVE2025-06$750,0002,32069.0%
3118 ATLANTIC AVE2025-11$950,0002,09438.1%
1527 MARCONI RD2026-04$825,0002,04446.6%
1306 MONMOUTH BLVD2025-09$640,0002,25053.5%
2146 SPRUCE DR2025-09$1,325,0002,30843.4%
1903 CRESCENT DR2026-05$885,0002,30762.9%
4109 BELMAR BLVD2026-03$940,0002,32156.4%
66 RACQUET RD2026-05$685,0002,29956.5%
2409 GREENTREE DR2026-03$768,5002,29059.6%
2403 GREENTREE DR2025-08$750,0002,29061.0%
3409 WATERVIEW WAY2025-07$930,0002,28858.4%
57 RACQUET RD2025-12$585,0002,28462.4%

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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 →