The Fair Share Report

909 Second 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

≈ $674,283

Likely range $486,911 – $789,458, 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 $674,283 home should be assessed near $402,952.

Step 3 · Assessed value

$349,200

Set at the last town-wide revaluation and mostly frozen since. That's $53,752 below what the ratio math suggests (13.3%).

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

$7,815/yr
Public schools$4,606
Monmouth County$1,279
Town of Wall$1,930
Wall average$10,496

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

Town median 52.5%
This home · 51.8%

36%77%

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
2202 LINCRIS LN2025-07$1,225,0001,57642.7%
1813 WORLD ST2026-05$730,0001,75044.6%
1630 OAKWOOD RD2026-01$720,0001,68842.3%
3228 ALLAIRE RD2025-11$749,0001,60835.0%
2814 PIERCE ST2025-05$425,0001,58888.3%
1616 OAKWOOD RD2025-07$437,5001,55572.7%
3409 LANGDON RD2025-04$750,0001,49254.8%
1517 VALLEY DR2025-03$500,0001,64162.0%
3422 WEST HURLEY POND RD2025-01$705,0001,89065.5%
1420 JANET PL2025-12$525,0001,42458.3%
2174 BEGONIA AVE2026-01$750,0001,75657.6%
1622 OAKWOOD RD2025-11$601,0001,46850.4%

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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 →