The Fair Share Report

3 Sloop Sq

Howell, NJ 07728

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

≈ $544,936

Likely range $508,410 – $582,510, 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 $544,936 home should be assessed near $528,642.

Step 3 · Assessed value

$527,700

Set at the last town-wide revaluation and mostly frozen since. That's $942 below what the ratio math suggests (0.2%).

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 $1.361 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$7,180/yr
Public schools$4,852
Monmouth County$943
Town of Howell$1,385
Howell average$9,883

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

Town median 99.4%
This home · 96.8%

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)

AddressSoldPriceSq ftRatio
100 SOLOMON STREET2026-02$563,0001,87099.2%
549 LAURELWOOD COURT2026-02$495,0001,68099.7%
535 LAURELWOOD COURT2025-03$415,0001,68096.7%
7 FARRAGUT SQUARE2026-04$515,0001,61790.0%
7 BREAKWATER SQUARE2025-05$471,0001,61799.9%
130 WOOD DUCK COURT2026-02$502,0001,862105.7%
19 SLOOP SQUARE2026-02$480,0001,57093.4%
81 WOOD DUCK COURT2026-03$563,5001,76893.0%
9 DAYNA COURT2025-02$700,0001,733101.6%
57 CRATER LAKE ROAD2026-01$775,0001,83497.8%
103 WOOD DUCK COURT2025-02$540,0001,71699.6%
4 RAVENWOOD COURT2025-03$536,0001,82299.5%

Is this your house?

Run your own report →

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 →