The Fair Share Report
2576 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 $561,831 – $634,288, 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 $577,540 home should be assessed near $345,138.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $39,862 above what the ratio math suggests (11.5%).
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%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 24 OLD MILL CT | 2026-05 | $580,000 | 1,386 | 44.3% |
| 1523 MARCONI RD | 2025-07 | $691,000 | 1,308 | 53.7% |
| 47 OLD MILL CT | 2025-12 | $470,000 | 1,264 | 55.2% |
| 32 OLD MILL CT | 2025-12 | $505,000 | 1,264 | 51.2% |
| 103 RACQUET RD | 2026-06 | $565,000 | 1,221 | 44.4% |
| 2580 CRESTVIEW RD | 2025-05 | $540,000 | — | 47.0% |
| 80 RACQUET RD | 2025-12 | $661,000 | 1,508 | 52.4% |
| 73 TARPON DR | 2026-05 | $665,000 | 1,550 | 52.5% |
| 192 TARPON DR | 2026-03 | $660,000 | 1,550 | 55.7% |
| 125 TARPON DR | 2025-10 | $650,000 | 1,550 | 54.2% |
| 94 TARPON DR | 2025-09 | $670,000 | 1,550 | 53.6% |
| 54 TARPON DR | 2025-07 | $650,000 | 1,550 | 53.1% |
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