The Fair Share Report

2605 Kipling Ave

Wall, NJ 07076

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

≈ $1,387,466

Likely range $1,121,412 – $1,843,056, 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 $1,387,466 home should be assessed near $829,150.

Step 3 · Assessed value

$786,500

Set at the last town-wide revaluation and mostly frozen since. That's $42,650 below what the ratio math suggests (5.1%).

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

$17,602/yr
Public schools$10,374
Monmouth County$2,881
Town of Wall$4,347
Wall average$10,496

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

Town median 52.5%
This home · 56.7%

36%76%

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
2420 RAMSHORN DR2025-01$1,270,0003,58655.4%
2567 RIVER RD2026-03$4,900,0003,62127.2%
2227 CHRISTOPHER WAY2026-01$1,450,0003,67960.2%
2502 SPARROWBUSH LN2025-08$1,060,0003,72766.0%
2571 MORNINGSTAR RD2025-01$1,555,0003,55043.2%
3411 SLEEPY HOLLOW CT2025-01$825,0003,55067.5%
1412 WINESAP DR2025-12$1,420,0003,71055.8%
1310 ATLANTIC AVE2026-05$1,120,0003,40663.2%
1510 PRIMROSE PL2025-10$1,225,0003,78661.6%
1018 JEFFERSON AVE2024-12$1,225,0003,29854.4%
2808 CONCORD DR2026-01$2,040,0003,86648.2%
1353 TAMARACK RD2025-10$1,675,0003,46043.3%

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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 →