The Fair Share Report

13 Pine 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

≈ $412,355

Likely range $391,872 – $431,880, 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 $412,355 home should be assessed near $400,026.

Step 3 · Assessed value

$438,800

Set at the last town-wide revaluation and mostly frozen since. That's $38,774 above what the ratio math suggests (9.7%).

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%

Step 5 · The bill

$7,514/yr
Public schools$5,077
Monmouth County$987
Town of Howell$1,449
Howell average$9,883

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

Town median 99.4%
This home · 106.4%

84%117%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (100.00%) — roughly $643/yr at stake. NJ appeals are generally due April 1.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
12 FLAMINGO DRIVE2025-01$376,0001,320102.6%
6 CANARY CIRCLE2025-06$331,0001,276103.4%
6 PELICAN ROAD2025-04$410,0001,27697.7%
15 SWAN ROAD2025-01$350,0001,276104.1%
7 CARDINAL LANE2026-02$385,0001,27699.0%
55 FARNWORTH CLOSE2026-02$400,0001,295100.9%
38 MORDEN CLOSE2026-03$414,0001,261110.0%
6 MORDEN CLOSE2025-02$405,0001,261102.9%
12 MAX PLACE2025-04$365,0001,20096.0%
1 MAX PLACE2025-02$355,0001,20098.6%
22 FARNWORTH CLOSE2026-06$387,0001,261104.4%
19 JAFFREYTON CLOSE2026-05$398,0001,261101.3%

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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 →