The Fair Share Report

2575 Crestview 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

≈ $695,794

Likely range $560,741 – $782,575, 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 $695,794 home should be assessed near $415,806.

Step 3 · Assessed value

$392,200

Set at the last town-wide revaluation and mostly frozen since. That's $23,606 below what the ratio math suggests (5.7%).

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

$8,703/yr
Public schools$5,129
Monmouth County$1,425
Town of Wall$2,149
Wall average$10,496

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

Town median 52.5%
This home · 56.4%

36%75%

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
1137 HILLTOP DR2025-05$555,0001,53247.7%
1800 SHORE DR2026-04$725,0001,68848.8%
1423 SOMMERS ST2025-05$735,0001,61449.5%
1641 RIVERVIEW TERR2025-07$880,0001,80044.4%
2909 ARTHUR ST2025-08$530,0001,64447.2%
1219 CURTIS AVE2025-01$499,9991,46251.0%
1613 W PINE TREE RD2025-11$900,0001,59243.9%
1609 WATER ST2025-04$570,0001,35347.9%
1706 FOREST ST2025-11$1,222,2221,73430.6%
1777 BELMAR BLVD2025-10$635,0001,37949.2%
1517 VALLEY DR2025-03$500,0001,64162.0%
3228 ALLAIRE RD2025-11$749,0001,60835.0%

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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 →