The Fair Share Report

16 Rustic Dr

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

≈ $351,786

Likely range $289,706 – $447,727, from 12 comparable Howell sales in the past 18 months, at this home's 985 sq ft.

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 $351,786 home should be assessed near $341,268.

Step 3 · Assessed value

$417,000

Set at the last town-wide revaluation and mostly frozen since. That's $75,732 above what the ratio math suggests (22.2%).

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

$7,143/yr
Public schools$4,826
Monmouth County$939
Town of Howell$1,378
Howell average$9,883

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

Town median 99.4%
This home · 118.5%

84%149%

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
43 LAKE DRIVE2026-05$584,00096090.5%
681 ALDRICH ROAD2026-03$480,00096096.6%
47 WESTERN DRIVE2026-05$450,0001,010108.6%
19 PRINCETON DRIVE2026-06$575,0001,01796.8%
10 SUNSET DRIVE2026-05$360,000900117.3%
77 WESTERN DRIVE2025-02$460,0001,012105.4%
517 MIDDLE LANE2026-02$350,000998113.9%
32A PLAZA DE LAS LOBOS2026-05$328,0001,008107.5%
122C MUHLEN PLATZ2025-06$285,0001,008101.4%
5C PLAZA DE LAS FLORES2025-06$242,0001,008101.3%
41C PIAZZA SAN PAOLO2025-05$175,0001,008209.0%
7E PLAZA DE LA TRINIDAD2025-03$349,0001,00896.0%

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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 →