The Fair Share Report

38 E Second 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

≈ $502,485

Likely range $480,040 – $628,434, 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 $502,485 home should be assessed near $487,461.

Step 3 · Assessed value

$496,900

Set at the last town-wide revaluation and mostly frozen since. That's $9,439 above what the ratio math suggests (1.9%).

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 $1.619 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$8,042/yr
Public schools$5,434
Monmouth County$1,057
Town of Howell$1,551
Howell average$9,883

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

Town median 99.4%
This home · 98.9%

74%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
103 WOOD DUCK COURT2025-02$540,0001,71699.6%
9 DAYNA COURT2025-02$700,0001,733101.6%
18 EVERGREEN PLACE2025-05$580,0001,58859.4%
81 WOOD DUCK COURT2026-03$563,5001,76893.0%
100 SOLOMON STREET2026-02$563,0001,87099.2%
33 BLUE JAY COURT2026-02$350,0001,58595.2%
18 SWEETBRIAR TRAIL2025-06$681,0001,87299.9%
854 ADELPHIA-FARMINGDALE2025-02$400,0001,60593.8%
14 CIDERMILL COURT2025-01$620,0001,650101.4%
8 ABBY ROAD2026-03$475,0001,64096.1%
27 SAXTON ROAD2026-01$484,0001,64095.5%
51 SAXTON ROAD2025-03$485,0001,64099.7%

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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 →