The Fair Share Report

2193 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

≈ $787,825

Likely range $676,768 – $1,012,486, 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 $787,825 home should be assessed near $470,804.

Step 3 · Assessed value

$446,800

Set at the last town-wide revaluation and mostly frozen since. That's $24,004 below what the ratio math suggests (5.1%).

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

$9,915/yr
Public schools$5,843
Monmouth County$1,623
Town of Wall$2,448
Wall average$10,496

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

Town median 52.5%
This home · 56.7%

36%74%

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
1423 SOMMERS ST2025-05$735,0001,61449.5%
1527 MARCONI RD2026-04$825,0002,04446.6%
905 17TH AVE2025-09$800,0001,92048.5%
1800 SHORE DR2026-04$725,0001,68848.8%
1015 ATLANTIC AVE2025-08$930,0001,44444.2%
920 CURTIS AVE2025-08$800,0001,43641.8%
1641 RIVERVIEW TERR2025-07$880,0001,80044.4%
3118 ATLANTIC AVE2025-11$950,0002,09438.1%
1613 W PINE TREE RD2025-11$900,0001,59243.9%
1412 BAY PLAZA2026-01$899,0001,71046.6%
1306 MONMOUTH BLVD2025-09$640,0002,25053.5%
3007 PIERCE ST2025-07$660,0001,96654.3%

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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 →