The Fair Share Report

18 E First 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

≈ $669,944

Likely range $617,212 – $785,396, 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 $669,944 home should be assessed near $649,913.

Step 3 · Assessed value

$667,700

Set at the last town-wide revaluation and mostly frozen since. That's $17,787 above what the ratio math suggests (2.7%).

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%

This home's own bill implies $1.592 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$10,632/yr
Public schools$7,184
Monmouth County$1,397
Town of Howell$2,051
Howell average$9,883

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

Town median 99.4%
This home · 99.7%

80%114%

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
89 MAXIM ROAD2026-05$629,0002,26097.5%
55 OLD BRIDGE DRIVE2025-01$825,0002,28298.7%
US HIGHWAY 92025-06$459,0001,998120.6%
44 TAUNTON DRIVE2025-02$790,0002,40696.9%
16 MAPLE LANE2026-02$615,0002,22897.0%
37 LOCKWOOD AVENUE2025-01$629,5002,154100.5%
44 OLD BRIDGE DRIVE2026-05$724,0002,11792.4%
21 SOUTH WESTFIELD ROAD2026-05$700,0002,02898.4%
35 SOUTHPORT DRIVE2025-02$650,0002,142100.3%
118 DARIEN ROAD2026-06$670,0002,26099.2%
123 SALEM HILL ROAD2025-06$695,0002,33099.8%
14 BURDGE DRIVE2025-05$680,0002,41299.2%

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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 →