The Fair Share Report
16 Iris Ct
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 $491,168 – $549,354, 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 $501,188 home should be assessed near $486,202.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $6,498 above what the ratio math suggests (1.3%).
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 $1.463 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
84%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 |
|---|---|---|---|---|
| 103 WOOD DUCK COURT | 2025-02 | $540,000 | 1,716 | 99.6% |
| 9 DAYNA COURT | 2025-02 | $700,000 | 1,733 | 101.6% |
| 81 WOOD DUCK COURT | 2026-03 | $563,500 | 1,768 | 93.0% |
| 28 TULIP COURT | 2026-02 | $635,000 | 1,757 | 79.6% |
| 57 CRATER LAKE ROAD | 2026-01 | $775,000 | 1,834 | 97.8% |
| 549 LAURELWOOD COURT | 2026-02 | $495,000 | 1,680 | 99.7% |
| 535 LAURELWOOD COURT | 2025-03 | $415,000 | 1,680 | 96.7% |
| 8 ABBY ROAD | 2026-03 | $475,000 | 1,640 | 96.1% |
| 27 SAXTON ROAD | 2026-01 | $484,000 | 1,640 | 95.5% |
| 51 SAXTON ROAD | 2025-03 | $485,000 | 1,640 | 99.7% |
| 28 ABBY ROAD | 2025-03 | $475,000 | 1,640 | 99.5% |
| 43 ABBY ROAD | 2025-02 | $475,000 | 1,640 | 100.5% |
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