The Fair Share Report

28 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

≈ $779,355

Likely range $707,226 – $891,131, 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 $779,355 home should be assessed near $756,052.

Step 3 · Assessed value

$753,500

Set at the last town-wide revaluation and mostly frozen since. That's $2,552 below what the ratio math suggests (0.3%).

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%

Step 5 · The bill

$12,453/yr
Public schools$8,415
Monmouth County$1,636
Town of Howell$2,402
Howell average$9,883

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

Town median 99.4%
This home · 96.7%

79%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)

AddressSoldPriceSq ftRatio
90 WEST SHENENDOAH ROAD2025-06$715,0002,126100.5%
56 CRATER LAKE ROAD2025-05$720,0002,08899.4%
16 DIAMOND LANE2026-05$916,5002,11289.5%
19 DAYNA COURT2025-03$865,0002,116100.1%
78 CASCADES AVENUE2025-03$725,0002,170101.1%
17 SUN HOLLOW ROAD2026-06$875,0002,10091.5%
5 DIAMOND LANE2025-03$805,0002,10099.3%
16 DEBORAH LANE2025-06$736,0002,036100.0%
3 CARRIE DRIVE2025-04$757,3082,06499.9%
7 BRITTANY COURT2026-03$885,0002,03298.9%
8 DANELLA WAY2025-02$826,0002,032100.5%
19 SALLY STREET2025-06$600,0002,07699.2%

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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 →