The Fair Share Report
21 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 $1,015,430 – $1,307,391, 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 $1,273,331 home should be assessed near $1,235,258.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $300,458 below what the ratio math suggests (24.3%).
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
66%111%
Keep quiet and enjoy it
This home's assessment ratio sits below the Howell pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
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% |
| 6 TASHA LANE | 2026-03 | $1,260,000 | 3,252 | 78.3% |
| 18 TASHA LANE | 2026-03 | $1,250,000 | 3,076 | 79.2% |
| 5 TASHA LANE | 2026-01 | $1,215,000 | 3,076 | 80.6% |
| 42 SANCTUARY LANE | 2026-06 | $1,200,000 | 3,040 | 90.0% |
| 39 CARLISLE COURT | 2026-01 | $995,000 | 2,894 | 100.1% |
| 500 WEST FARMS ROAD | 2026-04 | $930,000 | 3,322 | 89.8% |
| 4 CHRISTOPHER DR | 2026-05 | $999,999 | 3,466 | 105.2% |
| 106 GRANDVIEW CIRCLE | 2026-02 | $1,350,000 | 2,928 | 88.5% |
| 21 CHRISTOPHER DR | 2026-04 | $999,999 | 3,128 | 91.3% |
| 112 SEMINOLE CT | 2026-05 | $920,000 | 3,310 | 98.3% |
| 4 CARLISLE COURT | 2026-06 | $910,000 | 2,894 | 97.5% |
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