The Fair Share Report

2576 Collier 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

≈ $838,808

Likely range $817,841 – $884,558, 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 $838,808 home should be assessed near $501,272.

Step 3 · Assessed value

$560,900

Set at the last town-wide revaluation and mostly frozen since. That's $59,628 above what the ratio math suggests (11.9%).

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

$12,196/yr
Public schools$7,188
Monmouth County$1,996
Town of Wall$3,012
Wall average$10,496

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

Town median 52.5%
This home · 66.9%

36%74%

A touch high — worth watching

This home's ratio sits above most of Wall, but doesn't clear NJ's legal appeal line (68.72%).

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
2531 MORNINGSTAR RD2025-04$949,0001,92457.9%
3019 BELMAR BLVD2025-06$805,0001,97251.4%
2616 LANTERN LIGHT WAY2025-04$812,5001,89166.9%
2526 MORNINGSTAR RD2026-06$850,0001,88562.1%
1507 PRIMROSE PL2025-09$875,0002,00163.2%
2552 COLLIER RD2025-07$930,0002,01259.5%
2571 COLLIER RD2025-05$875,0002,03362.6%
2578 COLLIER RD2026-03$835,0001,85563.4%
1533 HARVEST LN2026-04$999,9992,05562.4%
2575 MORNINGSTAR RD2025-12$890,0002,05962.5%
2564 MORNINGSTAR RD2025-08$790,0001,82964.6%
2409 ROBIN WAY2026-05$790,0002,04656.8%

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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 →