The Fair Share Report
18 E Second 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 $193,587 – $287,621, from 12 comparable Howell sales in the past 18 months, at this home's 552 sq ft.
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 $268,038 home should be assessed near $260,024.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $60,676 above what the ratio math suggests (23.3%).
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 $1.473 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%171%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (100.00%) — roughly $1,007/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 23 MAIDA LANE | 2025-05 | $305,000 | 476 | 108.8% |
| 109 WEST SIXTH STREET | 2025-04 | $320,000 | 784 | 100.6% |
| 44 EAST THIRD STREET | 2026-01 | $398,000 | 800 | 88.4% |
| 9 SPRUCE ROAD | 2026-04 | $396,000 | 760 | 99.1% |
| 203 SUNSET LANE | 2025-06 | $355,000 | 720 | 100.7% |
| 113 WEST SIXTH ST | 2025-04 | $180,000 | 864 | 199.2% |
| 459 SHADY LANE | 2026-01 | $330,000 | 936 | 117.2% |
| 7 WOODPECKER ROAD | 2026-03 | $230,000 | 747 | 113.7% |
| 13 WOODPECKER ROAD | 2025-02 | $249,000 | 755 | 101.4% |
| 10 SUNSET DRIVE | 2026-05 | $360,000 | 900 | 117.3% |
| 517 MIDDLE LANE | 2026-02 | $350,000 | 998 | 113.9% |
| 1608 US HIGHWAY 9 | 2026-02 | $825,000 | 700 | 33.1% |
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