The Fair Share Report

21 Rustic 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

≈ $653,563

Likely range $532,046 – $671,718, 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 $653,563 home should be assessed near $634,021.

Step 3 · Assessed value

$537,900

Set at the last town-wide revaluation and mostly frozen since. That's $96,121 below what the ratio math suggests (15.2%).

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

$9,200/yr
Public schools$6,216
Monmouth County$1,209
Town of Howell$1,775
Howell average$9,883

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

Town median 99.4%
This home · 82.3%

75%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
88 WESTERN DRIVE2025-06$550,0001,684102.5%
1 AARON AVENUE2025-01$625,0001,61297.4%
85 SALEM HILL ROAD2025-04$655,0001,674100.8%
26 WESTBROOK ROAD2026-02$673,3501,64296.0%
7 MAPLE LANE2026-02$550,0001,61490.3%
31 SOUTHPORT DRIVE2026-04$700,0001,68485.8%
15 BLAKE DRIVE2025-02$485,0001,578101.0%
39 OAK TERRACE2026-03$560,0001,728107.4%
7 STOCKPORT WAY2025-04$715,0001,67499.7%
23 KINGSPORT DRIVE2025-01$635,0001,642100.5%
31 SPRING HILL DRIVE2025-02$650,0001,642101.8%
5 WESTBROOK ROAD2025-04$635,0001,63599.8%

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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 →