The Fair Share Report
25 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $776,651 – $880,529, 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 $817,701 home should be assessed near $793,252.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $33,348 above what the ratio math suggests (4.2%).
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
84%112%
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 |
|---|---|---|---|---|
| 26 CAPITOL REEF ROAD | 2025-01 | $650,000 | 2,402 | 101.4% |
| 41 NETTY STREET | 2026-06 | $855,000 | 2,340 | 92.7% |
| 58 CRATER LAKE ROAD | 2025-03 | $815,000 | 2,480 | 99.6% |
| 1 SUN HOLLOW ROAD | 2026-01 | $725,000 | 2,448 | 116.1% |
| 17 NATE LANE | 2026-02 | $815,000 | 2,456 | 101.0% |
| 28 ROE LANE | 2025-01 | $805,000 | 2,527 | 102.5% |
| 12 JARED COURT | 2025-05 | $974,025 | 2,552 | 100.1% |
| 26 JOHNNY DRIVE | 2025-03 | $990,000 | 2,364 | 96.1% |
| 28 JACOB DRIVE | 2026-04 | $810,000 | 2,388 | 46.8% |
| 112 LARRABEE BLVD | 2025-03 | $945,000 | 2,458 | 95.4% |
| 9 EAST SHENENDOAH ROAD | 2026-05 | $805,000 | 2,345 | 96.4% |
| 17 VIOLET CIRCLE | 2025-04 | $805,000 | 2,296 | 97.8% |
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