The Fair Share Report
912 Third 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $482,284 – $770,266, from 12 comparable Wall sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Wall assessments sit below market value — republished every October, applied town-wide. A $632,226 home should be assessed near $377,818.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $71,518 below what the ratio math suggests (18.9%).
Step 4 · The tax rate — same for every Wall home
$1.253 Schools · 59% $0.348 County · 16% $0.525 Town · 25%
Step 5 · The bill
This home vs. every recent Wall sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 2580 CRESTVIEW RD | 2025-05 | $540,000 | — | 47.0% |
| 1611 DUMONT TERR | 2026-05 | $732,500 | 1,326 | 40.5% |
| 1777 BELMAR BLVD | 2025-10 | $635,000 | 1,379 | 49.2% |
| 1219 CURTIS AVE | 2025-01 | $499,999 | 1,462 | 51.0% |
| 2006 FAIRWAY DR | 2026-02 | $887,000 | 1,408 | 46.3% |
| 2406 CHERRY ST | 2025-09 | $680,000 | 1,348 | 55.9% |
| 1337 EAST CT | 2025-09 | $550,000 | 1,457 | 28.0% |
| 3008 BELMAR BLVD | 2025-05 | $690,000 | 1,469 | 45.2% |
| 1545 STERLING DR | 2025-09 | $775,000 | 1,286 | 46.4% |
| 2006 LINCOLN AVE | 2025-03 | $455,000 | 1,269 | 58.6% |
| 1648 RIVERVIEW TERR | 2025-06 | $575,000 | 1,136 | 53.0% |
| 1238 LAKEWOOD RD | 2026-06 | $685,000 | 1,240 | 43.8% |
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