The Fair Share Report

26 E Fourth St

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

≈ $736,493

Likely range $694,959 – $773,086, from 12 comparable Howell sales in the past 18 months, at this home's 2,424 sq ft.

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 $736,493 home should be assessed near $714,472.

Step 3 · Assessed value

$433,400

Set at the last town-wide revaluation and mostly frozen since. That's $281,072 below what the ratio math suggests (39.3%).

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%

This home's own bill implies $1.532 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$6,641/yr
Public schools$4,488
Monmouth County$873
Town of Howell$1,281
Howell average$9,883

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

Town median 99.4%
This home · 58.8%

51%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)

AddressSoldPriceSq ftRatio
13 SHAFTO STREET2025-05$649,9002,23598.9%
55 OLD BRIDGE DRIVE2025-01$825,0002,28298.7%
14 BURDGE DRIVE2025-05$680,0002,41299.2%
28 PRINCETON DRIVE2026-03$800,0002,43298.5%
509 MIDDLE LANE2025-04$660,0002,10498.8%
3 COBBLESTONE COURT2025-02$707,0002,46699.7%
21 KINGSPORT DRIVE2025-02$753,0002,31299.3%
16 GLEN ARDEN DRIVE2025-03$775,0002,430100.4%
48 NEWBURY ROAD2026-05$790,0002,54994.7%
40 SOUTH WESTFIELD ROAD2026-01$760,0002,41493.4%
118 DARIEN ROAD2026-06$670,0002,26099.2%
2 COLONIAL COURT2025-06$674,9002,440100.6%

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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 →