The Fair Share Report
4504 Spring St
Wall, NJ 07753
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 $663,381 – $938,082, 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 $763,934 home should be assessed near $456,527.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $38,727 below what the ratio math suggests (8.5%).
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
36%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 |
|---|---|---|---|---|
| 1307 W MAGNOLIA AVE | 2025-04 | $917,000 | 1,816 | 47.2% |
| 4604 BROAD ST | 2026-02 | $700,000 | 1,836 | 52.0% |
| 1706 FOREST ST | 2025-11 | $1,222,222 | 1,734 | 30.6% |
| 3228 ALLAIRE RD | 2025-11 | $749,000 | 1,608 | 35.0% |
| 2580 CRESTVIEW RD | 2025-05 | $540,000 | — | 47.0% |
| 2914 ARTHUR ST | 2025-05 | $515,000 | 1,872 | 77.5% |
| 1813 WORLD ST | 2026-05 | $730,000 | 1,750 | 44.6% |
| 1417 VALLEY DR | 2025-09 | $610,000 | 1,883 | 47.0% |
| 1704 GROVE ST | 2026-01 | $1,111,000 | 1,780 | 36.3% |
| 3422 WEST HURLEY POND RD | 2025-01 | $705,000 | 1,890 | 65.5% |
| 1630 OAKWOOD RD | 2026-01 | $720,000 | 1,688 | 42.3% |
| 1617 DORIS ST | 2025-09 | $775,000 | 1,812 | 51.7% |
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