The Fair Share Report

29 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

≈ $794,774

Likely range $755,409 – $892,753, 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 $794,774 home should be assessed near $771,010.

Step 3 · Assessed value

$573,000

Set at the last town-wide revaluation and mostly frozen since. That's $198,010 below what the ratio math suggests (25.7%).

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 $1.573 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$9,016/yr
Public schools$6,092
Monmouth County$1,185
Town of Howell$1,739
Howell average$9,883

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

Town median 99.4%
This home · 72.1%

59%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
28 SANCTUARY LANE2025-05$945,0002,035100.1%
17 WOOD SPRING ROAD2025-06$950,0001,99899.9%
33 W CHAUCER LN2026-05$799,0002,05692.4%
31 SANCTUARY LANE2025-01$810,0001,83299.9%
11 MALLARD COURT2026-05$714,9001,76795.2%
14 LILY POND COURT2026-06$700,0001,76792.9%
9 E MILAN BLVD2025-04$850,0002,12499.6%
27 E RAPHAEL LN2025-01$700,0002,238102.9%
8 DANELLA WAY2025-02$826,0002,032100.5%
10 DEBORAH LANE2025-04$650,0001,90261.1%
3 CARRIE DRIVE2025-04$757,3082,06499.9%
18 ANNAPOLIS ST2026-01$1,063,0002,46090.0%

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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 →