The Fair Share Report
3237 Ridgewood 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 $1,060,958 – $1,554,658, 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 $1,282,884 home should be assessed near $766,651.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $170,451 below what the ratio math suggests (22.2%).
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
33%74%
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 1998 MANOR DR | 2025-07 | $754,000 | 2,874 | 63.0% |
| 540 SHARK RIVER STATION | 2025-10 | $822,000 | 3,080 | 75.1% |
| 1334 WILLOW DR | 2025-10 | $1,450,000 | 2,869 | 45.4% |
| 2070 OVERBROOK DR | 2025-06 | $1,287,000 | 2,986 | 56.7% |
| 1347 WINTER VIEW RD | 2025-12 | $1,315,000 | 3,119 | 54.1% |
| 1628 RUSTIC CT | 2026-05 | $1,175,000 | 2,980 | 49.8% |
| 1549 STERLING DR | 2025-07 | $1,399,000 | 3,241 | 52.5% |
| 2568 CURRIER'S PL | 2025-11 | $985,000 | 2,841 | 63.4% |
| 2216 HILL AVE | 2026-01 | $1,249,000 | 2,701 | 42.6% |
| 1413 PIPPIN DR | 2025-08 | $1,314,000 | 3,001 | 50.0% |
| 2378 ORCHARD CREST BLVD | 2025-12 | $1,600,000 | 2,890 | 42.2% |
| 1548 LOGAN DR | 2026-04 | $1,550,000 | 2,612 | 40.6% |
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