The Fair Share Report

2524 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.

Step 1 · Market value

≈ $1,506,078

Likely range $1,166,810 – $1,597,636, 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 $1,506,078 home should be assessed near $900,032.

Step 3 · Assessed value

$870,900

Set at the last town-wide revaluation and mostly frozen since. That's $29,132 below what the ratio math suggests (3.2%).

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

$19,325/yr
Public schools$11,390
Monmouth County$3,163
Town of Wall$4,772
Wall average$10,496

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

Town median 52.5%
This home · 57.8%

36%80%

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
2102 PRINCETON CT2025-07$1,600,0004,12141.7%
3104 ALLAIRE RD2025-06$1,165,0004,24863.5%
2808 CONCORD DR2026-01$2,040,0003,86648.2%
2805 WILLIAMSBURG DR2025-05$1,400,0003,66960.4%
1412 WINESAP DR2025-12$1,420,0003,71055.8%
1801 CELESTE DR2025-04$1,150,0003,34459.6%
5106 MARSHALL RD2025-01$999,9994,00873.5%
3319 BRINLEY RD2025-06$1,200,0003,84346.1%
1656 MARTIN RD2025-09$950,0003,44655.8%
2528 RIVER RD2026-01$1,400,0004,07459.5%
2547 RIVER RD2025-10$4,850,0004,33427.3%
2420 RAMSHORN DR2025-01$1,270,0003,58655.4%

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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 →