The Fair Share Report
1 E Grimaldi Dr
Howell, NJ 07727
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 $807,164 – $1,083,599, from 12 comparable Howell 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 Howell assessments sit below market value — republished every October, applied town-wide. A $901,824 home should be assessed near $874,859.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $30,841 above what the ratio math suggests (3.5%).
Step 4 · The tax rate — same for every Howell home
$1.121 Schools · 68% $0.218 County · 13% $0.320 Town · 19%
This home's own bill implies $1.555 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Howell sale · assessed ÷ market
78%118%
Paying about right
This home's ratio lands inside Howell'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 |
|---|---|---|---|---|
| 26 HIGGINS CT | 2025-02 | $820,000 | 2,867 | 100.6% |
| 93 WEST SHENENDOAH ROAD | 2026-05 | $825,000 | 2,794 | 94.7% |
| 12 BANQUET COURT | 2025-06 | $750,000 | 2,772 | 100.1% |
| 19 WOOD SPRING ROAD | 2026-06 | $1,325,000 | 2,766 | 83.2% |
| 106 GRANDVIEW CIRCLE | 2026-02 | $1,350,000 | 2,928 | 88.5% |
| 43 PASTURE DRIVE | 2026-02 | $939,000 | 2,793 | 98.3% |
| 4 CARLISLE COURT | 2026-06 | $910,000 | 2,894 | 97.5% |
| 39 CARLISLE COURT | 2026-01 | $995,000 | 2,894 | 100.1% |
| 4 SHANNON COURT | 2025-01 | $875,000 | 2,849 | 101.1% |
| 3 TENDER WAY | 2026-01 | $1,160,000 | 2,793 | 83.1% |
| 57 HARVEST RIDGE ROAD | 2025-04 | $740,000 | 2,584 | 100.0% |
| 19 GETTYSBURG DRIVE | 2025-02 | $685,000 | 2,528 | 103.1% |
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