The Fair Share Report
2185 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 $1,227,536 – $1,952,771, 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 $1,618,319 home should be assessed near $967,107.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $53,507 below what the ratio math suggests (5.5%).
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%80%
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 |
|---|---|---|---|---|
| 2580 CRESTVIEW RD | 2025-05 | $540,000 | — | 47.0% |
| 231 OVAL RD | 2025-01 | $1,450,000 | 4,247 | 53.1% |
| 142 OVAL RD | 2025-12 | $1,770,000 | 4,247 | 44.0% |
| 1222 OVAL RD | 2025-09 | $1,750,000 | 4,247 | 40.4% |
| 132 OVAL RD | 2025-06 | $1,150,000 | 4,247 | 63.4% |
| 1421 OVAL RD | 2025-04 | $1,150,000 | 4,247 | 60.8% |
| 1422 OVAL RD | 2025-01 | $1,525,000 | 4,247 | 45.2% |
| 1231 OVAL RD | 2025-01 | $1,500,000 | 4,247 | 43.3% |
| 442 OVAL RD | 2025-09 | $1,700,000 | 4,247 | 47.3% |
| 5106 MARSHALL RD | 2025-01 | $999,999 | 4,008 | 73.5% |
| 2502 SPARROWBUSH LN | 2025-08 | $1,060,000 | 3,727 | 66.0% |
| 1510 PRIMROSE PL | 2025-10 | $1,225,000 | 3,786 | 61.6% |
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