The Fair Share Report
2187 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 $641,690 – $935,573, 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 $810,873 home should be assessed near $484,578.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $6,922 above what the ratio math suggests (1.4%).
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%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 1024 17TH AVE | 2026-02 | $675,000 | 2,140 | 60.3% |
| 3007 PIERCE ST | 2025-07 | $660,000 | 1,966 | 54.3% |
| 905 17TH AVE | 2025-09 | $800,000 | 1,920 | 48.5% |
| 1822 SOUTH M ST | 2026-03 | $622,500 | 2,106 | 58.8% |
| 1641 RIVERVIEW TERR | 2025-07 | $880,000 | 1,800 | 44.4% |
| 1800 SHORE DR | 2026-04 | $725,000 | 1,688 | 48.8% |
| 1306 MONMOUTH BLVD | 2025-09 | $640,000 | 2,250 | 53.5% |
| 1527 MARCONI RD | 2026-04 | $825,000 | 2,044 | 46.6% |
| 2384 RIVERSIDE TERR | 2025-07 | $937,500 | 2,048 | 42.4% |
| 4109 BELMAR BLVD | 2026-03 | $940,000 | 2,321 | 56.4% |
| 2816 MC KINLEY ST | 2026-05 | $795,000 | 2,072 | 43.3% |
| 1423 SOMMERS ST | 2025-05 | $735,000 | 1,614 | 49.5% |
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