The Fair Share Report

17 E Sixth 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.

Step 1 · Market value

≈ $388,140

Likely range $361,692 – $398,733, 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 $388,140 home should be assessed near $376,535.

Step 3 · Assessed value

$365,900

Set at the last town-wide revaluation and mostly frozen since. That's $10,635 below what the ratio math suggests (2.8%).

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%

This home's own bill implies $1.502 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$5,494/yr
Public schools$3,713
Monmouth County$722
Town of Howell$1,060
Howell average$9,883

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

Town median 99.4%
This home · 94.3%

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)

AddressSoldPriceSq ftRatio
27 FARNWORTH CLOSE2025-03$385,0001,226100.7%
38 MORDEN CLOSE2026-03$414,0001,261110.0%
6 MORDEN CLOSE2025-02$405,0001,261102.9%
22 FARNWORTH CLOSE2026-06$387,0001,261104.4%
19 JAFFREYTON CLOSE2026-05$398,0001,261101.3%
39 FARNWORTH CLOSE2025-03$405,0001,26199.6%
6 CANARY CIRCLE2025-06$331,0001,276103.4%
6 PELICAN ROAD2025-04$410,0001,27697.7%
12 MAX PLACE2025-04$365,0001,20096.0%
1 MAX PLACE2025-02$355,0001,20098.6%
15 SWAN ROAD2025-01$350,0001,276104.1%
101 BRISTLECONE DRIVE2025-05$499,0001,200100.9%

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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 →