The Fair Share Report

2606 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

≈ $1,339,032

Likely range $973,650 – $1,392,836, 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 $1,339,032 home should be assessed near $800,206.

Step 3 · Assessed value

$713,900

Set at the last town-wide revaluation and mostly frozen since. That's $86,306 below what the ratio math suggests (10.8%).

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

$15,727/yr
Public schools$9,269
Monmouth County$2,574
Town of Wall$3,884
Wall average$10,496

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

Town median 52.5%
This home · 53.3%

36%79%

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
1549 STERLING DR2025-07$1,399,0003,24152.5%
540 SHARK RIVER STATION2025-10$822,0003,08075.1%
1347 WINTER VIEW RD2025-12$1,315,0003,11954.1%
1018 JEFFERSON AVE2024-12$1,225,0003,29854.4%
2374 ORCHARD CREST BLVD2025-08$1,627,3743,20845.6%
1310 ATLANTIC AVE2026-05$1,120,0003,40663.2%
1609 REVERE LN2025-09$1,297,5003,24859.9%
1807 BRIDLEMERE AVE2025-12$1,355,0003,11351.4%
1998 MANOR DR2025-07$754,0002,87463.0%
2070 OVERBROOK DR2025-06$1,287,0002,98656.7%
1442 GARRETT DR2025-12$1,400,0003,11848.4%
3411 SLEEPY HOLLOW CT2025-01$825,0003,55067.5%

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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 →