The Fair Share Report
280 Stuart 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.
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Step 1 · Market value
Likely range $667,550 – $794,994, from 12 comparable Howell sales in the past 18 months, at this home's 2,054 sq ft.
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 $753,639 home should be assessed near $731,105.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $251,305 below what the ratio math suggests (34.4%).
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
55%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 22 CHERRY BEND DRIVE | 2025-04 | $732,500 | 2,062 | 100.1% |
| 2 WEASEL CREEK COURT | 2026-05 | $725,000 | 2,112 | 104.3% |
| 305 PRINCETON DRIVE | 2025-01 | $650,000 | 2,000 | 100.3% |
| 8 MOSS HAVEN WAY | 2026-06 | $850,000 | 2,040 | 86.0% |
| 44 CHERRYTREE CIRCLE | 2026-03 | $747,000 | 1,930 | 109.9% |
| 4 RAINBOW DRIVE | 2026-01 | $800,000 | 1,986 | 102.5% |
| 28 CHERRY LANE | 2026-01 | $635,000 | 2,078 | 105.5% |
| 56 CRATER LAKE ROAD | 2025-05 | $720,000 | 2,088 | 99.4% |
| 103 STARLIGHT ROAD | 2025-04 | $755,000 | 1,982 | 99.2% |
| 100 SOLOMON STREET | 2026-02 | $563,000 | 1,870 | 99.2% |
| 58 DANELLA WAY | 2026-03 | $880,000 | 2,084 | 93.9% |
| 4 WEASEL CREEK COURT | 2025-06 | $795,000 | 2,116 | 99.7% |
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