The Fair Share Report
2568 Summit 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 $703,753 – $919,274, 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 $788,600 home should be assessed near $471,267.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $38,733 above what the ratio math suggests (8.2%).
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%78%
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 |
|---|---|---|---|---|
| 183 SOUTH MANOR CT | 2025-10 | $699,000 | 2,155 | 60.0% |
| 3005 JOHNSON ST | 2025-06 | $735,000 | 2,231 | 60.1% |
| 151 SOUTH MANOR CT | 2025-11 | $880,000 | 2,143 | 50.8% |
| 142 TARPON DR | 2025-09 | $757,500 | 2,140 | 55.2% |
| 1207 BAYBERRY RD | 2025-12 | $940,000 | 2,128 | 62.0% |
| 57 RACQUET RD | 2025-12 | $585,000 | 2,284 | 62.4% |
| 4709 MEGILL RD | 2025-12 | $840,000 | 2,054 | 57.7% |
| 2205 MONMOUTH BLVD | 2025-08 | $775,000 | 2,168 | 52.9% |
| 1516 WISHING WELL LN | 2025-12 | $999,000 | 2,192 | 56.9% |
| 2455 DOVETAIL CT | 2026-04 | $840,000 | 2,276 | 54.7% |
| 2060 BENJAMIN CIR | 2025-08 | $715,000 | 2,016 | 59.8% |
| 2420 ROBIN WAY | 2025-11 | $750,000 | 2,079 | 60.4% |
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