The Fair Share Report

2409 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.

Step 1 · Market value

≈ $1,200,732

Likely range $949,135 – $1,383,460, 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 $1,200,732 home should be assessed near $717,557.

Step 3 · Assessed value

$580,000

Set at the last town-wide revaluation and mostly frozen since. That's $137,557 below what the ratio math suggests (19.2%).

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

$12,870/yr
Public schools$7,585
Monmouth County$2,107
Town of Wall$3,178
Wall average$10,496

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

Town median 52.5%
This home · 48.3%

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
1314 WINDING BROOK LN2025-12$975,0002,73157.9%
2179 WINDFIELD DR2025-01$760,0002,54669.4%
2529 CHALET DR2025-09$1,575,0002,85646.6%
2003 BELMAR BLVD2025-03$910,0002,62045.0%
1545 HARBOR RD2025-10$957,8752,68576.4%
1304 W MAGNOLIA AVE2026-06$1,150,0002,38641.5%
3412 BRANDON RD2025-11$1,300,0002,40140.5%
1406 FRANCES DR2025-06$1,110,0002,43247.7%
1101 HAWTHORNE PKWY2025-08$1,575,0003,03728.1%
2580 CRESTVIEW RD2025-05$540,00047.0%
3058 GOVERNOUR'S CROSSING2025-10$1,351,0002,87448.6%
2100 PRINCETON CT2025-11$1,275,0002,97055.9%

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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 →