The Fair Share Report
16 E Third St
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 $609,609 – $670,758, 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 $630,079 home should be assessed near $611,240.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $115,140 below what the ratio math suggests (18.8%).
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 $1.554 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
69%111%
Keep quiet and enjoy it
This home's assessment ratio sits below the Howell pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 2 CAPE COURT | 2025-01 | $650,000 | 1,685 | 102.1% |
| 5 COBBLESTONE COURT | 2025-02 | $700,000 | 1,816 | 100.2% |
| 2 BRIARTWIST LANE | 2026-03 | $660,000 | 1,696 | 98.0% |
| 4 REVERE COURT | 2025-03 | $655,000 | 1,826 | 100.2% |
| 11 BARRE DRIVE | 2026-06 | $650,000 | 1,762 | 86.9% |
| 23 SWEETBRIAR TRAIL | 2025-01 | $635,000 | 1,696 | 100.1% |
| 7 COLONIAL COURT | 2026-03 | $715,000 | 1,816 | 92.0% |
| 29 CANNONBALL DRIVE | 2025-01 | $630,000 | 1,714 | 99.1% |
| 33 BLUE JAY COURT | 2026-02 | $350,000 | 1,585 | 95.2% |
| 22 PLYMOUTH DRIVE | 2026-03 | $603,000 | 1,687 | 106.2% |
| 17 CANNONBALL DRIVE | 2026-02 | $705,000 | 1,715 | 92.1% |
| 20 ALDEN TERRACE | 2025-01 | $590,000 | 1,754 | 97.6% |
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