The Fair Share Report

21 Paceview 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

≈ $769,880

Likely range $710,816 – $853,146, 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 $769,880 home should be assessed near $746,861.

Step 3 · Assessed value

$743,700

Set at the last town-wide revaluation and mostly frozen since. That's $3,161 below what the ratio math suggests (0.4%).

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

$12,289/yr
Public schools$8,303
Monmouth County$1,615
Town of Howell$2,370
Howell average$9,883

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

Town median 99.4%
This home · 96.6%

82%111%

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
56 CRATER LAKE ROAD2025-05$720,0002,08899.4%
58 DANELLA WAY2026-03$880,0002,08493.9%
3 CARRIE DRIVE2025-04$757,3082,06499.9%
4 WEASEL CREEK COURT2025-06$795,0002,11699.7%
5 DIAMOND LANE2025-03$805,0002,10099.3%
12 DIAMOND LANE2026-02$740,0002,006102.3%
1 SILVERBROOKE CIRCLE2025-05$725,0001,960100.0%
20 CAPITOL REEF ROAD2025-03$690,0001,93099.4%
2 WEASEL CREEK COURT2026-05$725,0002,112104.3%
15 CAPITOL REEF ROAD2025-05$675,0001,936100.7%
4 RAINBOW DRIVE2026-01$800,0001,986102.5%
17 SUN HOLLOW ROAD2026-06$875,0002,10091.5%

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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 →