The Fair Share Report

4 Iris Ct

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

≈ $678,290

Likely range $581,120 – $732,893, 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 $678,290 home should be assessed near $658,009.

Step 3 · Assessed value

$607,000

Set at the last town-wide revaluation and mostly frozen since. That's $51,009 below what the ratio math suggests (7.8%).

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 $1.525 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$9,258/yr
Public schools$6,255
Monmouth County$1,216
Town of Howell$1,786
Howell average$9,883

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

Town median 99.4%
This home · 89.5%

77%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
9 DAYNA COURT2025-02$700,0001,733101.6%
103 WOOD DUCK COURT2025-02$540,0001,71699.6%
81 WOOD DUCK COURT2026-03$563,5001,76893.0%
10 JARED COURT2025-06$761,0001,750100.2%
130 WOOD DUCK COURT2026-02$502,0001,862105.7%
81 CASCADES AVENUE2025-05$700,0001,834100.4%
28 BRONIA STREET2026-03$675,0001,65290.7%
9 SAINT JOHNS DRIVE2026-05$790,0001,90096.5%
57 CRATER LAKE ROAD2026-01$775,0001,83497.8%
2 BRIARTWIST LANE2026-03$660,0001,69698.0%
31 SWEETBRIAR TRAIL2026-04$680,0001,75689.4%
10 DEBORAH LANE2025-04$650,0001,90261.1%

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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 →