The Fair Share Report
2403 Beech St
Wall, NJ 08736
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 $986,674 – $1,696,941, 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 $1,400,295 home should be assessed near $836,816.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $185,716 below what the ratio math suggests (22.2%).
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
33%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 1549 STERLING DR | 2025-07 | $1,399,000 | 3,241 | 52.5% |
| 1310 ATLANTIC AVE | 2026-05 | $1,120,000 | 3,406 | 63.2% |
| 1334 WILLOW DR | 2025-10 | $1,450,000 | 2,869 | 45.4% |
| 3411 SLEEPY HOLLOW CT | 2025-01 | $825,000 | 3,550 | 67.5% |
| 2567 RIVER RD | 2026-03 | $4,900,000 | 3,621 | 27.2% |
| 2571 MORNINGSTAR RD | 2025-01 | $1,555,000 | 3,550 | 43.2% |
| 2420 RAMSHORN DR | 2025-01 | $1,270,000 | 3,586 | 55.4% |
| 1998 MANOR DR | 2025-07 | $754,000 | 2,874 | 63.0% |
| 2502 SPARROWBUSH LN | 2025-08 | $1,060,000 | 3,727 | 66.0% |
| 1548 LOGAN DR | 2026-04 | $1,550,000 | 2,612 | 40.6% |
| 1442 GARRETT DR | 2025-12 | $1,400,000 | 3,118 | 48.4% |
| 1609 BASS POINT RD | 2025-08 | $3,250,000 | 3,074 | 37.8% |
Is this your house?
Run your own report →