The Fair Share Report

10 Hampton Rd

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.

Step 1 · Market value

≈ $490,591

Likely range $338,945 – $589,917, from 12 comparable Howell sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

97.01%

The state's official measure of how far Howell assessments sit below market value — republished every October, applied town-wide. A $490,591 home should be assessed near $475,922.

Step 3 · Assessed value

$561,400

Set at the last town-wide revaluation and mostly frozen since. That's $85,478 above what the ratio math suggests (18.0%).

Step 4 · The tax rate — same for every Howell home

$1.659 per $100 assessed

$1.121 Schools · 68% $0.218 County · 13% $0.320 Town · 19%

This home's own bill implies $1.532 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$8,600/yr
Public schools$5,811
Monmouth County$1,130
Town of Howell$1,659
Howell average$9,883

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

Town median 99.4%
This home · 114.4%

84%171%

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)

AddressSoldPriceSq ftRatio
42 WESTBROOK ROAD2025-01$600,0001,443100.0%
42 OAK TERRACE2025-01$525,0001,48097.6%
93 WESTERN DRIVE2026-05$515,0001,42696.3%
35 BROOKSIDE DRIVE2025-04$545,0001,32298.3%
35 VIVIAN COURT2026-05$600,0001,48087.8%
38 ALAN TERRACE2026-04$675,0001,48080.3%
64 SUNSET DRIVE2025-06$596,0001,42097.0%
33 GLEN ROAD2026-04$400,0001,401113.0%
161A PARKWAY DRIVE2026-05$330,0001,26292.2%
157A RUE DE ST GERMAIN2026-05$375,0001,26889.0%
12 NOTTINGHAM DRIVE2025-05$670,0001,55796.0%
120D MUHLEN PLATZ2026-05$295,0001,262115.5%

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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 →