The Fair Share Report

804 Walling Ave

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

≈ $684,036

Likely range $497,280 – $777,635, 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 $684,036 home should be assessed near $408,780.

Step 3 · Assessed value

$320,000

Set at the last town-wide revaluation and mostly frozen since. That's $88,780 below what the ratio math suggests (21.7%).

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

$7,162/yr
Public schools$4,221
Monmouth County$1,172
Town of Wall$1,769
Wall average$10,496

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

Town median 52.5%
This home · 46.8%

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
3226 BELMAR BLVD2026-04$525,0001,41756.0%
2580 CRESTVIEW RD2025-05$540,00047.0%
1015 ATLANTIC AVE2025-08$930,0001,44444.2%
920 CURTIS AVE2025-08$800,0001,43641.8%
1431 MARCONI RD2026-05$535,0001,36064.7%
2406 CHERRY ST2025-09$680,0001,34855.9%
1213 17TH AVE2025-12$606,0001,27649.0%
1523 MARCONI RD2025-07$691,0001,30853.7%
1104 SEA GIRT AVE2025-05$955,0001,70544.0%
1611 DUMONT TERR2026-05$732,5001,32640.5%
1777 BELMAR BLVD2025-10$635,0001,37949.2%
1215 MINTWOOD LN2025-07$807,0001,38255.2%

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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 →