The Fair Share Report

2 Stratton 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

≈ $560,336

Likely range $497,511 – $590,050, 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 $560,336 home should be assessed near $543,582.

Step 3 · Assessed value

$583,600

Set at the last town-wide revaluation and mostly frozen since. That's $40,018 above what the ratio math suggests (7.4%).

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

$9,906/yr
Public schools$6,694
Monmouth County$1,302
Town of Howell$1,911
Howell average$9,883

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

Town median 99.4%
This home · 104.2%

84%123%

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 LAUREL CREST DRIVE2025-06$510,0001,48798.8%
10 PLYMOUTH DRIVE2025-01$590,0001,46398.3%
34 PROVIDENCE LANE2025-05$565,0001,426100.3%
19 VIRGINIA DRIVE2026-03$585,0001,49622.4%
32 DRIFTWOOD DRIVE2025-04$731,0001,62099.9%
18 EVERGREEN PLACE2025-05$580,0001,58859.4%
68 PICKET PLACE2025-05$419,5001,468104.2%
39 VIRGINIA DRIVE2026-04$610,0001,60995.8%
15 STANDISH DRIVE2026-06$537,0001,528105.5%
11 DECOY LANE2026-05$500,0001,46896.0%
24 STANDISH DRIVE2025-05$620,0001,59699.2%
33 BLUE JAY COURT2026-02$350,0001,58595.2%

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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 →