The Fair Share Report
2 River Dr
Howell, NJ 07727
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 $664,275 – $919,398, 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 $759,026 home should be assessed near $736,331.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $48,769 above what the ratio math suggests (6.6%).
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 $1.362 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
80%124%
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 |
|---|---|---|---|---|
| 7 NATALE WAY | 2026-05 | $920,000 | 2,149 | 78.4% |
| 56 CRATER LAKE ROAD | 2025-05 | $720,000 | 2,088 | 99.4% |
| 10 CRATER LAKE ROAD | 2025-04 | $790,000 | 2,323 | 99.8% |
| 259 AMBIANCE BOULEVARD | 2026-04 | $1,115,000 | 2,352 | 82.8% |
| 3 CARRIE DRIVE | 2025-04 | $757,308 | 2,064 | 99.9% |
| 409 ALDRICH ROAD | 2026-01 | $685,000 | 2,198 | 79.8% |
| 26 CAPITOL REEF ROAD | 2025-01 | $650,000 | 2,402 | 101.4% |
| 20 CAPITOL REEF ROAD | 2025-03 | $690,000 | 1,930 | 99.4% |
| 10 TWIN HILL COURT | 2025-05 | $830,000 | 2,018 | 97.7% |
| 15 CAPITOL REEF ROAD | 2025-05 | $675,000 | 1,936 | 100.7% |
| 58 CRATER LAKE ROAD | 2025-03 | $815,000 | 2,480 | 99.6% |
| 12 STRATHMORE COURT | 2025-05 | $895,500 | 2,330 | 100.1% |
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