The Fair Share Report

404 Deuce Dr

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

≈ $834,770

Likely range $801,492 – $897,890, 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 $834,770 home should be assessed near $498,859.

Step 3 · Assessed value

$364,600

Set at the last town-wide revaluation and mostly frozen since. That's $134,259 below what the ratio math suggests (26.9%).

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

$8,094/yr
Public schools$4,770
Monmouth County$1,325
Town of Wall$1,999
Wall average$10,496

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

Town median 52.5%
This home · 43.7%

35%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)

AddressSoldPriceSq ftRatio
2526 MORNINGSTAR RD2026-06$850,0001,88562.1%
2531 MORNINGSTAR RD2025-04$949,0001,92457.9%
2616 LANTERN LIGHT WAY2025-04$812,5001,89166.9%
2511 MORNINGSTAR RD2026-02$780,0001,84369.0%
2578 COLLIER RD2026-03$835,0001,85563.4%
3019 BELMAR BLVD2025-06$805,0001,97251.4%
1507 PRIMROSE PL2025-09$875,0002,00163.2%
1623 MARIGOLD AVE2026-06$1,050,0001,89647.8%
2564 MORNINGSTAR RD2025-08$790,0001,82964.6%
2552 COLLIER RD2025-07$930,0002,01259.5%
2550 COLLIER RD2025-03$762,5001,80169.8%
2552 HEATHROW LN2025-04$830,0001,78963.3%

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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 →