The Fair Share Report
2425 Robin Way
Wall, NJ 07090
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 $781,622 – $944,753, 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 $830,159 home should be assessed near $496,103.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $72,703 below what the ratio math suggests (14.7%).
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 |
|---|---|---|---|---|
| 2511 MORNINGSTAR RD | 2026-02 | $780,000 | 1,843 | 69.0% |
| 2564 MORNINGSTAR RD | 2025-08 | $790,000 | 1,829 | 64.6% |
| 2578 COLLIER RD | 2026-03 | $835,000 | 1,855 | 63.4% |
| 2550 COLLIER RD | 2025-03 | $762,500 | 1,801 | 69.8% |
| 2526 MORNINGSTAR RD | 2026-06 | $850,000 | 1,885 | 62.1% |
| 2552 HEATHROW LN | 2025-04 | $830,000 | 1,789 | 63.3% |
| 2530 MORNINGSTAR RD | 2025-02 | $906,000 | 1,798 | 58.5% |
| 2531 SPARROWBUSH LN | 2025-08 | $999,999 | 1,801 | 53.6% |
| 2616 LANTERN LIGHT WAY | 2025-04 | $812,500 | 1,891 | 66.9% |
| 2531 MORNINGSTAR RD | 2025-04 | $949,000 | 1,924 | 57.9% |
| 1623 MARIGOLD AVE | 2026-06 | $1,050,000 | 1,896 | 47.8% |
| 3019 BELMAR BLVD | 2025-06 | $805,000 | 1,972 | 51.4% |
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