The Fair Share Report
4606 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 $1,164,788 – $1,718,178, from 12 comparable Wall sales in the past 18 months, at this home's 3,387 sq ft.
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 $1,462,022 home should be assessed near $873,704.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $308,704 below what the ratio math suggests (35.3%).
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
27%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 |
|---|---|---|---|---|
| 1018 JEFFERSON AVE | 2024-12 | $1,225,000 | 3,298 | 54.4% |
| 3411 SLEEPY HOLLOW CT | 2025-01 | $825,000 | 3,550 | 67.5% |
| 2322 ORCHARD CREST BLVD | 2025-01 | $1,514,000 | 3,333 | 47.5% |
| 2420 RAMSHORN DR | 2025-01 | $1,270,000 | 3,586 | 55.4% |
| 2567 RIVER RD | 2026-03 | $4,900,000 | 3,621 | 27.2% |
| 1353 TAMARACK RD | 2025-10 | $1,675,000 | 3,460 | 43.3% |
| 2374 ORCHARD CREST BLVD | 2025-08 | $1,627,374 | 3,208 | 45.6% |
| 1801 CELESTE DR | 2025-04 | $1,150,000 | 3,344 | 59.6% |
| 1114 LAUREL AVE | 2026-03 | $2,499,900 | 3,860 | 36.1% |
| 1442 GARRETT DR | 2025-12 | $1,400,000 | 3,118 | 48.4% |
| 5106 MARSHALL RD | 2025-01 | $999,999 | 4,008 | 73.5% |
| 1609 BASS POINT RD | 2025-08 | $3,250,000 | 3,074 | 37.8% |
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