The Fair Share Report

27 E Second 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

≈ $643,149

Likely range $597,453 – $652,941, 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 $643,149 home should be assessed near $623,919.

Step 3 · Assessed value

$509,200

Set at the last town-wide revaluation and mostly frozen since. That's $114,719 below what the ratio math suggests (18.4%).

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%

This home's own bill implies $1.558 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$7,931/yr
Public schools$5,359
Monmouth County$1,042
Town of Howell$1,530
Howell average$9,883

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

Town median 99.4%
This home · 79.2%

73%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
33 SALEM HILL ROAD2025-06$568,0001,842102.2%
7 NANTUCKET COURT2026-01$665,0001,82699.0%
9 CONIFER STREET2025-05$593,0001,73396.8%
20 ALDEN TERRACE2025-01$590,0001,75497.6%
30 ALDEN TERRACE2025-03$597,0001,70699.6%
8 HEDGEWOOD ROAD2026-01$699,0001,76098.0%
17 CANNONBALL DRIVE2026-02$705,0001,71592.1%
7 COLONIAL COURT2026-03$715,0001,81692.0%
99 GLEN ARDEN DRIVE2026-01$700,0001,91197.6%
8 JAMES HOLLOW COURT2025-03$630,0001,826100.8%
72 APPLETREE ROAD2025-02$640,0001,76099.3%
11 LONG ROAD2025-06$575,0001,74499.5%

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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 →