The Fair Share Report
104F Broadgate Ct
Howell, NJ 07728
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.
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Step 1 · Market value
Likely range $256,695 – $358,156, 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 $288,221 home should be assessed near $279,603.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $2,497 above what the ratio math suggests (0.9%).
Step 4 · The tax rate — same for every Howell home
$1.121 Schools · 68% $0.218 County · 13% $0.320 Town · 19%
Step 5 · The bill
This home vs. every recent Howell sale · assessed ÷ market
73%115%
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 |
|---|---|---|---|---|
| 120D MUHLEN PLATZ | 2026-05 | $295,000 | 1,262 | 115.5% |
| 128C KORN MARKET | 2026-04 | $255,000 | 1,262 | 109.5% |
| 160A RUE DE ST GERMAIN | 2025-02 | $268,000 | 1,262 | 103.9% |
| 147B COURS DE PASTEUR | 2025-01 | $317,500 | 1,262 | 101.0% |
| 157A RUE DE ST GERMAIN | 2026-05 | $375,000 | 1,268 | 89.0% |
| 161A PARKWAY DRIVE | 2026-05 | $330,000 | 1,262 | 92.2% |
| 133A RIGI STRASSE | 2026-05 | $335,000 | 1,188 | 105.2% |
| 160F RUE DE ST GERMAIN | 2025-04 | $206,000 | 1,188 | 142.8% |
| 68 HOWELL COURT | 2025-01 | $530,000 | 1,264 | 98.2% |
| 166D COURS DE LORRAINE | 2026-02 | $262,500 | 1,144 | 109.8% |
| 76A WILLIAM & MARY SQUARE | 2025-05 | $315,000 | 1,144 | 100.3% |
| 162B PARKWAY DRIVE | 2025-06 | $260,000 | 1,132 | 93.3% |
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