The Fair Share Report
2406 Cedar 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 $785,792 – $1,034,150, from 12 comparable Wall sales in the past 18 months, at this home's 2,048 sq ft.
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 $935,977 home should be assessed near $559,340.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $105,840 below what the ratio math suggests (18.9%).
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%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 |
|---|---|---|---|---|
| 2384 RIVERSIDE TERR | 2025-07 | $937,500 | 2,048 | 42.4% |
| 1612 HWY 34 | 2025-09 | $745,000 | 2,101 | 56.6% |
| 3506 BELMAR BLVD | 2025-12 | $875,000 | 2,024 | 49.9% |
| 2580 CRESTVIEW RD | 2025-05 | $540,000 | — | 47.0% |
| 2155A TERRACE PL | 2025-07 | $1,555,000 | 2,016 | 33.1% |
| 2914 ARTHUR ST | 2025-05 | $515,000 | 1,872 | 77.5% |
| 1304 LENAPE TR | 2025-08 | $950,000 | 2,031 | 48.2% |
| 1422 LAKEWOOD RD | 2026-03 | $957,000 | 2,094 | 51.7% |
| 1314 WILLOW DR | 2025-12 | $1,050,000 | 2,421 | 42.3% |
| 1307 W MAGNOLIA AVE | 2025-04 | $917,000 | 1,816 | 47.2% |
| 1417 VALLEY DR | 2025-09 | $610,000 | 1,883 | 47.0% |
| 2118 OLD MILL RD | 2025-08 | $970,000 | 2,040 | 50.2% |
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