The Fair Share Report
29 Sloop Sq
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $480,105 – $537,367, from 12 comparable Howell sales in the past 18 months (home size estimated from assessor data — range widened).
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 $511,796 home should be assessed near $496,493.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $6,293 below what the ratio math suggests (1.3%).
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
84%111%
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 549 LAURELWOOD COURT | 2026-02 | $495,000 | 1,680 | 99.7% |
| 535 LAURELWOOD COURT | 2025-03 | $415,000 | 1,680 | 96.7% |
| 7 FARRAGUT SQUARE | 2026-04 | $515,000 | 1,617 | 90.0% |
| 7 BREAKWATER SQUARE | 2025-05 | $471,000 | 1,617 | 99.9% |
| 19 SLOOP SQUARE | 2026-02 | $480,000 | 1,570 | 93.4% |
| 18 EVERGREEN PLACE | 2025-05 | $580,000 | 1,588 | 59.4% |
| 35 SLOOP SQUARE | 2026-04 | $427,000 | 1,504 | 102.7% |
| 33 BLUE JAY COURT | 2026-02 | $350,000 | 1,585 | 95.2% |
| 103 WOOD DUCK COURT | 2025-02 | $540,000 | 1,716 | 99.6% |
| 9 DAYNA COURT | 2025-02 | $700,000 | 1,733 | 101.6% |
| 100 SOLOMON STREET | 2026-02 | $563,000 | 1,870 | 99.2% |
| 27 LAUREL CREST DRIVE | 2025-06 | $510,000 | 1,487 | 98.8% |
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