The Fair Share Report

3213 Larson Rd

Wall, NJ 07719

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

≈ $651,220

Likely range $519,696 – $820,407, 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 $651,220 home should be assessed near $389,169.

Step 3 · Assessed value

$390,000

Set at the last town-wide revaluation and mostly frozen since. That's $831 above what the ratio math suggests (0.2%).

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

$8,658/yr
Public schools$5,103
Monmouth County$1,417
Town of Wall$2,138
Wall average$10,496

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

Town median 52.5%
This home · 59.9%

36%80%

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
1630 OAKWOOD RD2026-01$720,0001,68842.3%
3228 ALLAIRE RD2025-11$749,0001,60835.0%
2897 HWY 1382025-12$600,0001,71645.5%
1706 FOREST ST2025-11$1,222,2221,73430.6%
2909 ARTHUR ST2025-08$530,0001,64447.2%
2174 BEGONIA AVE2026-01$750,0001,75657.6%
1731 GROVE ST2026-05$632,5001,73452.0%
1307 W MAGNOLIA AVE2025-04$917,0001,81647.2%
3001 HARRISON ST2025-07$600,0001,55856.0%
1616 OAKWOOD RD2025-07$437,5001,55572.7%
1517 VALLEY DR2025-03$500,0001,64162.0%
3010 ATLANTIC AVE2025-10$665,0001,68053.9%

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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 →