The Fair Share Report

2602 Kipling Ave

Wall, NJ 07762

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

≈ $1,355,025

Likely range $1,115,396 – $1,540,800, from 12 comparable Wall sales in the past 18 months, at this home's 3,392 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 $1,355,025 home should be assessed near $809,763.

Step 3 · Assessed value

$802,100

Set at the last town-wide revaluation and mostly frozen since. That's $7,663 below what the ratio math suggests (0.9%).

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

$17,951/yr
Public schools$10,580
Monmouth County$2,938
Town of Wall$4,433
Wall average$10,496

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

Town median 52.5%
This home · 59.2%

36%77%

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
1310 ATLANTIC AVE2026-05$1,120,0003,40663.2%
1018 JEFFERSON AVE2024-12$1,225,0003,29854.4%
1549 STERLING DR2025-07$1,399,0003,24152.5%
2420 RAMSHORN DR2025-01$1,270,0003,58655.4%
3411 SLEEPY HOLLOW CT2025-01$825,0003,55067.5%
2322 ORCHARD CREST BLVD2025-01$1,514,0003,33347.5%
1609 REVERE LN2025-09$1,297,5003,24859.9%
2571 MORNINGSTAR RD2025-01$1,555,0003,55043.2%
1347 WINTER VIEW RD2025-12$1,315,0003,11954.1%
1353 TAMARACK RD2025-10$1,675,0003,46043.3%
2567 RIVER RD2026-03$4,900,0003,62127.2%
540 SHARK RIVER STATION2025-10$822,0003,08075.1%

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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 →