The Fair Share Report
2607 River Rd
Wall, NJ 08720
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 $294,491 – $557,580, 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 $459,370 home should be assessed near $274,520.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $214,420 below what the ratio math suggests (78.1%).
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
5%74%
Keep quiet and enjoy it
This home's assessment ratio sits below the Wall pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 2501-11 BEDFORD CORNER LN | 2026-01 | $329,000 | 760 | 65.3% |
| 2006 CORAL WAY | 2026-03 | $550,000 | 770 | 46.0% |
| 2609 RIVER RD | 2026-03 | $825,000 | 736 | 29.7% |
| 1314 NEW BRUNSWICK AVE | 2025-11 | $300,000 | 792 | 76.8% |
| 2148 ALLENWOOD RD | 2025-10 | $435,000 | 714 | 62.6% |
| 1627 WATER ST | 2026-01 | $430,000 | 800 | 56.6% |
| 1210 BAYBERRY RD | 2026-01 | $750,000 | 816 | 51.0% |
| 1116 17TH AVE | 2025-10 | $580,000 | 838 | 43.9% |
| 1838 HWY 35 UNIT 36 | 2026-03 | $595,000 | 844 | 41.2% |
| 1838 HWY 35 UNIT 80 | 2025-11 | $365,000 | 844 | 55.1% |
| 1838 HWY 35 UNIT 49 | 2025-06 | $295,000 | 844 | 68.2% |
| 1838 HWY 35 UNIT 61 | 2025-09 | $390,000 | 846 | 55.8% |
Is this your house?
Run your own report →