The Fair Share Report

2587 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

≈ $792,754

Likely range $727,522 – $838,808, from 12 comparable Wall sales in the past 18 months, at this home's 1,942 sq ft.

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 $792,754 home should be assessed near $473,750.

Step 3 · Assessed value

$542,400

Set at the last town-wide revaluation and mostly frozen since. That's $68,650 above what the ratio math suggests (14.5%).

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

$12,036/yr
Public schools$7,094
Monmouth County$1,970
Town of Wall$2,972
Wall average$10,496

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

Town median 52.5%
This home · 68.4%

36%80%

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
1507 PRIMROSE PL2025-09$875,0002,00163.2%
3019 BELMAR BLVD2025-06$805,0001,97251.4%
1533 HARVEST LN2026-04$999,9992,05562.4%
2409 ROBIN WAY2026-05$790,0002,04656.8%
2433 ROBIN WAY2025-09$850,0002,04656.5%
2406 ROBIN WAY2025-04$878,0002,04654.2%
2511 MORNINGSTAR RD2026-02$780,0001,84369.0%
1623 MARIGOLD AVE2026-06$1,050,0001,89647.8%
22 TARPON DR2025-06$780,0001,97252.7%
2564 MORNINGSTAR RD2025-08$790,0001,82964.6%
2420 ROBIN WAY2025-11$750,0002,07960.4%
2060 BENJAMIN CIR2025-08$715,0002,01659.8%

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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 →