The Fair Share Report

2390 Beech St

Wall, NJ 07762

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

≈ $792,366

Likely range $765,487 – $941,395, 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 $792,366 home should be assessed near $473,518.

Step 3 · Assessed value

$428,200

Set at the last town-wide revaluation and mostly frozen since. That's $45,318 below what the ratio math suggests (9.6%).

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

$9,502/yr
Public schools$5,600
Monmouth County$1,555
Town of Wall$2,346
Wall average$10,496

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

Town median 52.5%
This home · 54.0%

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
3413 BELMAR BLVD2025-05$771,5001,71260.9%
1617 DORIS ST2025-09$775,0001,81251.7%
1907 CRESCENT DR2025-03$825,0001,89661.4%
1808 COTTAGE PL2025-04$890,0001,77640.4%
1120 PENNSYLVANIA AVE2025-08$940,0001,88750.7%
3009 ALICIA DR2025-08$746,5001,87851.9%
1704 GROVE ST2026-01$1,111,0001,78036.3%
3005 ALICIA DR2026-01$851,0001,94351.5%
1623 MARIGOLD AVE2026-06$1,050,0001,89647.8%
2411 FAIRVIEW DR2025-03$1,299,9001,86538.0%
2703 WOOLLEY RD2025-05$765,0001,99740.9%
2550 COLLIER RD2025-03$762,5001,80169.8%

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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 →