The Fair Share Report

908 Fourth 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

≈ $588,883

Likely range $534,153 – $630,329, 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 $588,883 home should be assessed near $351,916.

Step 3 · Assessed value

$248,200

Set at the last town-wide revaluation and mostly frozen since. That's $103,716 below what the ratio math suggests (29.5%).

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

$5,555/yr
Public schools$3,274
Monmouth County$909
Town of Wall$1,372
Wall average$10,496

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

Town median 52.5%
This home · 42.1%

34%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
2397 RIVERCREST CT2025-01$1,100,0001,14640.8%
1625 W MAPLEWOOD RD2025-11$600,0001,21246.1%
1431 MARCONI RD2026-05$535,0001,36064.7%
1760 BELMAR BLVD2025-04$550,0001,10645.0%
1648 RIVERVIEW TERR2025-06$575,0001,13653.0%
1429 MARCONI RD2026-03$505,00096049.1%
3118 ARTHUR ST2025-08$360,0001,05465.5%
1777 BELMAR BLVD2025-10$635,0001,37949.2%
1238 LAKEWOOD RD2026-06$685,0001,24043.8%
1407 EDGEMERE RD2026-05$570,0001,00848.5%
923 WOODLAND AVE2026-03$450,00090455.0%
1219 CURTIS AVE2025-01$499,9991,46251.0%

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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 →