The Fair Share Report

2500 Kipling Ave

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

≈ $987,813

Likely range $846,506 – $1,096,320, 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 $987,813 home should be assessed near $590,317.

Step 3 · Assessed value

$471,400

Set at the last town-wide revaluation and mostly frozen since. That's $118,917 below what the ratio math suggests (20.1%).

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

$10,550/yr
Public schools$6,218
Monmouth County$1,727
Town of Wall$2,605
Wall average$10,496

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

Town median 52.5%
This home · 47.7%

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
1492 SAMUEL DR2025-08$1,330,0002,40247.0%
2510 MORNINGSTAR RD2026-02$860,0002,40967.8%
2084 MISTY HOLLOW DR2025-09$1,300,0002,45348.9%
1570 TANNER AVE2025-02$970,0002,39661.2%
1506 BAKER'S PL2025-08$985,0002,48860.2%
1568 TANNER AVE2025-07$985,0002,51159.8%
1505 WISHING WELL LN2025-07$1,026,0002,50658.5%
2536 COLLIER RD2025-06$1,110,0012,35657.0%
1560 TANNER AVE2025-07$998,0002,35357.9%
2619 LANTERN LIGHT WAY2025-11$900,0002,51366.1%
2619 LANTERN LIGHT WAY2025-03$900,0002,51366.1%
2597 MORNINGSTAR RD2026-01$945,0002,35364.7%

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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 →