The Fair Share Report
20 Devon 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.
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Step 1 · Market value
Likely range $943,162 – $1,455,722, 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 $1,201,621 home should be assessed near $1,165,693.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $133,893 below what the ratio math suggests (11.5%).
Step 4 · The tax rate — same for every Howell home
$1.121 Schools · 68% $0.218 County · 13% $0.320 Town · 19%
Step 5 · The bill
This home vs. every recent Howell sale · assessed ÷ market
65%115%
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 |
|---|---|---|---|---|
| 166 GRANDVIEW CIRCLE | 2025-02 | $1,305,000 | 3,379 | 98.5% |
| 12 TIFFANY CT | 2025-02 | $1,050,000 | 3,913 | 100.9% |
| 4 CHRISTOPHER DR | 2026-05 | $999,999 | 3,466 | 105.2% |
| 6 TASHA LANE | 2026-03 | $1,260,000 | 3,252 | 78.3% |
| 16 STREAM BANK DR. | 2026-04 | $1,187,500 | 3,616 | 108.2% |
| 16 STREAM BANK DR. | 2025-03 | $850,000 | 3,616 | 151.2% |
| 12 NICOLE CT. | 2025-05 | $1,250,000 | 3,596 | 100.2% |
| 18 TASHA LANE | 2026-03 | $1,250,000 | 3,076 | 79.2% |
| 5 TASHA LANE | 2026-01 | $1,215,000 | 3,076 | 80.6% |
| 2 BRACKEN COURT | 2026-04 | $865,000 | 3,726 | 83.0% |
| 42 SANCTUARY LANE | 2026-06 | $1,200,000 | 3,040 | 90.0% |
| 39 ARROWWOOD COURT | 2025-01 | $800,000 | 3,745 | 102.2% |
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