The Fair Share Report

2179 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

≈ $1,215,857

Likely range $849,128 – $1,361,867, 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 $1,215,857 home should be assessed near $726,596.

Step 3 · Assessed value

$650,700

Set at the last town-wide revaluation and mostly frozen since. That's $75,896 below what the ratio math suggests (10.4%).

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

$14,439/yr
Public schools$8,510
Monmouth County$2,363
Town of Wall$3,566
Wall average$10,496

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

Town median 52.5%
This home · 53.5%

36%82%

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%
1215 CHURCH ST2026-04$1,385,0003,04637.9%
1527 MARCONI RD2026-04$825,0002,04446.6%
3118 ATLANTIC AVE2025-11$950,0002,09438.1%
1306 MONMOUTH BLVD2025-09$640,0002,25053.5%
2568 CURRIER'S PL2025-11$985,0002,84163.4%
1413 CRABAPPLE DR2025-07$1,267,0002,84351.3%
2529 CHALET DR2025-09$1,575,0002,85646.6%
1334 WILLOW DR2025-10$1,450,0002,86945.4%
3058 GOVERNOUR'S CROSSING2025-10$1,351,0002,87448.6%
1998 MANOR DR2025-07$754,0002,87463.0%
2806 BUCHANAN ST2025-03$1,200,0002,80050.4%

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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 →