The Fair Share Report

4702 Broad 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.

Step 1 · Market value

≈ $861,074

Likely range $722,802 – $1,027,617, 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 $861,074 home should be assessed near $514,578.

Step 3 · Assessed value

$448,900

Set at the last town-wide revaluation and mostly frozen since. That's $65,678 below what the ratio math suggests (12.8%).

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

$9,966/yr
Public schools$5,873
Monmouth County$1,631
Town of Wall$2,461
Wall average$10,496

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

Town median 52.5%
This home · 52.1%

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)

AddressSoldPriceSq ftRatio
3506 BELMAR BLVD2025-12$875,0002,02449.9%
2155A TERRACE PL2025-07$1,555,0002,01633.1%
4604 BROAD ST2026-02$700,0001,83652.0%
1908 SHERWOOD DR2025-12$1,325,0001,96644.7%
3422 WEST HURLEY POND RD2025-01$705,0001,89065.5%
2118 OLD MILL RD2025-08$970,0002,04050.2%
3005 ALICIA DR2026-01$851,0001,94351.5%
3009 ALICIA DR2025-08$746,5001,87851.9%
1422 LAKEWOOD RD2026-03$957,0002,09451.7%
2914 ARTHUR ST2025-05$515,0001,87277.5%
1704 GROVE ST2026-01$1,111,0001,78036.3%
1907 CRESCENT DR2025-03$825,0001,89661.4%

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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 →