The Fair Share Report

5 E Grimaldi Dr

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

≈ $800,163

Likely range $742,914 – $840,184, 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 $800,163 home should be assessed near $776,238.

Step 3 · Assessed value

$776,800

Set at the last town-wide revaluation and mostly frozen since. That's $562 above what the ratio math suggests (0.1%).

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 $1.598 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$12,411/yr
Public schools$8,386
Monmouth County$1,631
Town of Howell$2,394
Howell average$9,883

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

Town median 99.4%
This home · 97.1%

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
27 E SAGAMORE DR2025-05$825,0002,33398.7%
27 E RAPHAEL LN2025-01$700,0002,238102.9%
17 NATE LANE2026-02$815,0002,456101.0%
9 EAST SHENENDOAH ROAD2026-05$805,0002,34596.4%
28 JACOB DRIVE2026-04$810,0002,38846.8%
17 VIOLET CIRCLE2025-04$805,0002,29697.8%
26 CAPITOL REEF ROAD2025-01$650,0002,402101.4%
58 CRATER LAKE ROAD2025-03$815,0002,48099.6%
90 EVESBORO LANE2026-03$839,0002,410101.4%
28 ROE LANE2025-01$805,0002,527102.5%
41 NETTY STREET2026-06$855,0002,34092.7%
21 SUN HOLLOW ROAD2025-04$785,0002,494100.2%

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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 →