The Fair Share Report
2519 River Rd
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 $2,221,607 – $3,689,894, 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 $3,057,923 home should be assessed near $1,827,415.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $550,485 above what the ratio math suggests (30.1%).
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%112%
A touch high — worth watching
This home's ratio sits above most of Wall, but doesn't clear NJ's legal appeal line (68.72%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 1041 OVAL RD | 2026-06 | $3,000,000 | 8,494 | 41.7% |
| 2531 RIVER RD | 2025-11 | $2,850,000 | 7,104 | 87.7% |
| 1590 HOLLY BLVD | 2026-03 | $2,030,000 | 7,374 | 56.0% |
| 1741 AZURE DR | 2025-11 | $1,600,000 | 4,850 | 62.7% |
| 2128 SHADOW LN | 2025-09 | $2,635,000 | 5,184 | 48.7% |
| 1413 GULLY RD | 2026-01 | $2,475,000 | 4,730 | 38.8% |
| 2645 RIVER RD | 2025-02 | $4,700,000 | 6,585 | 46.3% |
| 2113 SHADOW BROOK DR | 2025-07 | $1,550,000 | 5,795 | 67.0% |
| 1706 MARTIN RD | 2025-07 | $1,500,000 | 4,757 | 58.4% |
| 1903 SHADOW BROOK DR | 2025-10 | $1,600,000 | 5,863 | 60.9% |
| 231 OVAL RD | 2025-01 | $1,450,000 | 4,247 | 53.1% |
| 142 OVAL RD | 2025-12 | $1,770,000 | 4,247 | 44.0% |
Is this your house?
Run your own report →