The Fair Share Report

808 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

≈ $697,656

Likely range $578,745 – $774,642, from 12 comparable Wall sales in the past 18 months, at this home's 1,383 sq ft.

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 $697,656 home should be assessed near $416,919.

Step 3 · Assessed value

$419,100

Set at the last town-wide revaluation and mostly frozen since. That's $2,181 above what the ratio math suggests (0.5%).

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

$9,379/yr
Public schools$5,528
Monmouth County$1,535
Town of Wall$2,316
Wall average$10,496

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

Town median 52.5%
This home · 60.1%

36%78%

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
2580 CRESTVIEW RD2025-05$540,00047.0%
3226 BELMAR BLVD2026-04$525,0001,41756.0%
2006 FAIRWAY DR2026-02$887,0001,40846.3%
1611 DUMONT TERR2026-05$732,5001,32640.5%
2406 CHERRY ST2025-09$680,0001,34855.9%
1215 MINTWOOD LN2025-07$807,0001,38255.2%
24 OLD MILL CT2026-05$580,0001,38644.3%
1777 BELMAR BLVD2025-10$635,0001,37949.2%
2104 XANADU LANE2026-06$682,5001,39252.1%
2401 XANADU LANE2026-05$731,0001,39249.2%
2710 JOHNSON ST2026-03$700,0001,26047.4%
2710 JOHNSON ST2025-09$465,0001,26071.3%

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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 →