The Fair Share Report

2526 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

≈ $1,452,276

Likely range $929,381 – $1,596,125, 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 $1,452,276 home should be assessed near $867,880.

Step 3 · Assessed value

$847,900

Set at the last town-wide revaluation and mostly frozen since. That's $19,980 below what the ratio math suggests (2.3%).

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

$18,815/yr
Public schools$11,089
Monmouth County$3,080
Town of Wall$4,646
Wall average$10,496

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

Town median 52.5%
This home · 58.4%

36%97%

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
2808 CONCORD DR2026-01$2,040,0003,86648.2%
1412 WINESAP DR2025-12$1,420,0003,71055.8%
2420 RAMSHORN DR2025-01$1,270,0003,58655.4%
5106 MARSHALL RD2025-01$999,9994,00873.5%
2567 RIVER RD2026-03$4,900,0003,62127.2%
2102 PRINCETON CT2025-07$1,600,0004,12141.7%
3411 SLEEPY HOLLOW CT2025-01$825,0003,55067.5%
442 OVAL RD2025-09$1,700,0004,24747.3%
1801 CELESTE DR2025-04$1,150,0003,34459.6%
2805 WILLIAMSBURG DR2025-05$1,400,0003,66960.4%
142 OVAL RD2025-12$1,770,0004,24744.0%
1222 OVAL RD2025-09$1,750,0004,24740.4%

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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 →