The Fair Share Report
10 Eric Dr
Howell, NJ 07731
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 $745,943 – $834,775, from 12 comparable Howell sales in the past 18 months, at this home's 2,373 sq ft.
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 $787,391 home should be assessed near $763,848.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $41,548 below what the ratio math suggests (5.4%).
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 $1.593 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
81%111%
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 |
|---|---|---|---|---|
| 64 APPLETREE ROAD | 2026-06 | $745,000 | 2,370 | 95.0% |
| 8 JENNIFER DRIVE | 2026-01 | $800,000 | 2,411 | 95.0% |
| 48 SWEET GUM ROAD | 2025-02 | $795,000 | 2,382 | 98.7% |
| 12 JENNIFER DRIVE | 2025-05 | $820,000 | 2,331 | 99.5% |
| 35 HONEYSUCKLE WAY | 2025-03 | $640,000 | 2,284 | 99.3% |
| 46 MARKWOOD DRIVE | 2026-01 | $744,000 | 2,231 | 96.5% |
| 2 COLONIAL COURT | 2025-06 | $674,900 | 2,440 | 100.6% |
| 16 GLEN ARDEN DRIVE | 2025-03 | $775,000 | 2,430 | 100.4% |
| 94 HERITAGE DRIVE | 2025-05 | $790,000 | 2,190 | 99.7% |
| 10 DAVIDS LANE | 2025-06 | $850,000 | 2,377 | 97.1% |
| 46 BERKSHIRE DRIVE | 2026-01 | $729,000 | 2,171 | 94.0% |
| 14 STARLIGHT ROAD | 2025-03 | $835,000 | 2,621 | 96.7% |
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