The Fair Share Report
2558 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 $619,476 – $862,260, 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 $690,468 home should be assessed near $412,624.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $92,076 above what the ratio math suggests (22.3%).
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%87%
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 |
|---|---|---|---|---|
| 1307 W MAGNOLIA AVE | 2025-04 | $917,000 | 1,816 | 47.2% |
| 2914 ARTHUR ST | 2025-05 | $515,000 | 1,872 | 77.5% |
| 2174 BEGONIA AVE | 2026-01 | $750,000 | 1,756 | 57.6% |
| 1644 RIVERVIEW TERR | 2026-05 | $710,000 | 1,868 | 44.9% |
| 1706 FOREST ST | 2025-11 | $1,222,222 | 1,734 | 30.6% |
| 2897 HWY 138 | 2025-12 | $600,000 | 1,716 | 45.5% |
| 4604 BROAD ST | 2026-02 | $700,000 | 1,836 | 52.0% |
| 1630 OAKWOOD RD | 2026-01 | $720,000 | 1,688 | 42.3% |
| 1417 VALLEY DR | 2025-09 | $610,000 | 1,883 | 47.0% |
| 2909 ARTHUR ST | 2025-08 | $530,000 | 1,644 | 47.2% |
| 1731 GROVE ST | 2026-05 | $632,500 | 1,734 | 52.0% |
| 3001 HARRISON ST | 2025-07 | $600,000 | 1,558 | 56.0% |
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