The Fair Share Report

3 E Raphael Ln

Howell, NJ 07727

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

≈ $839,319

Likely range $712,417 – $914,385, 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 $839,319 home should be assessed near $814,223.

Step 3 · Assessed value

$827,200

Set at the last town-wide revaluation and mostly frozen since. That's $12,977 above what the ratio math suggests (1.6%).

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

$14,006/yr
Public schools$9,464
Monmouth County$1,840
Town of Howell$2,702
Howell average$9,883

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

Town median 99.4%
This home · 98.6%

84%122%

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
58 HARVEST RIDGE ROAD2025-05$745,0002,56099.6%
57 HARVEST RIDGE ROAD2025-04$740,0002,584100.0%
28 ROE LANE2025-01$805,0002,527102.5%
17 NATE LANE2026-02$815,0002,456101.0%
4 BRITTANY COURT2025-06$940,0002,55299.7%
19 GETTYSBURG DRIVE2025-02$685,0002,528103.1%
3 BRENT DRIVE2026-01$929,0002,55294.3%
58 CRATER LAKE ROAD2025-03$815,0002,48099.6%
16 DAYNA COURT2025-04$970,0002,55299.5%
64 DIAMOND LANE2026-04$865,0002,45694.1%
23 GRISTMILL ROAD2025-03$857,5002,54499.0%
27 E SAGAMORE DR2025-05$825,0002,33398.7%

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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 →