The Fair Share Report
4 E Second St
Howell, NJ 07702
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 $303,557 – $405,690, from 12 comparable Howell sales in the past 18 months, at this home's 960 sq ft.
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 $367,464 home should be assessed near $356,477.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $57,723 above what the ratio math suggests (16.2%).
Step 4 · The tax rate — same for every Howell home
$1.121 Schools · 68% $0.218 County · 13% $0.320 Town · 19%
This home's own bill implies $1.494 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Howell sale · assessed ÷ market
84%142%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (100.00%) — roughly $958/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 16 RUSTIC DRIVE | 2026-02 | $405,000 | 985 | 103.0% |
| 43 LAKE DRIVE | 2026-05 | $584,000 | 960 | 90.5% |
| 681 ALDRICH ROAD | 2026-03 | $480,000 | 960 | 96.6% |
| 134 ROOSEVELT AVENUE | 2026-02 | $400,000 | 1,265 | 100.9% |
| 16 FIVE POINTS ROAD | 2025-06 | $505,000 | 1,195 | 100.0% |
| 93E HALLS CROFT | 2026-04 | $252,101 | 952 | 88.1% |
| 106E RAGLEY HALL | 2025-04 | $280,000 | 952 | 99.4% |
| 89C THEATRE GARDEN | 2025-03 | $340,000 | 952 | 102.0% |
| 95C HALLS CROFT | 2025-03 | $259,000 | 952 | 101.1% |
| 43 SYLVAN BOULEVARD | 2025-01 | $490,000 | 1,208 | 100.1% |
| 10 SUNSET DRIVE | 2026-05 | $360,000 | 900 | 117.3% |
| 24 WINDELER ROAD | 2025-06 | $265,000 | 756 | 103.3% |
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