The Fair Share Report
5 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $457,214 – $669,266, from 12 comparable Howell sales in the past 18 months (home size estimated from assessor data — range widened).
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 $494,871 home should be assessed near $480,074.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $39,726 above what the ratio math suggests (8.3%).
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 $1.475 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
72%119%
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 81 WOOD DUCK COURT | 2026-03 | $563,500 | 1,768 | 93.0% |
| 57 CRATER LAKE ROAD | 2026-01 | $775,000 | 1,834 | 97.8% |
| 130 WOOD DUCK COURT | 2026-02 | $502,000 | 1,862 | 105.7% |
| 52 WINGED FOOT COURT | 2025-06 | $496,000 | 1,854 | 96.5% |
| 47 WINGED FOOT COURT | 2025-04 | $510,000 | 1,854 | 95.7% |
| 58 WINGED FOOT COURT | 2025-03 | $460,000 | 1,854 | 97.4% |
| 9 DAYNA COURT | 2025-02 | $700,000 | 1,733 | 101.6% |
| 117 MID OCEAN COURT | 2026-04 | $477,000 | 1,854 | 89.1% |
| 67 SHINNECOCK HILLS COURT | 2025-01 | $410,000 | 1,854 | 102.5% |
| 24 NATE LANE | 2026-02 | $730,000 | 1,824 | 94.6% |
| 103 WOOD DUCK COURT | 2025-02 | $540,000 | 1,716 | 99.6% |
| 20 CAPITOL REEF ROAD | 2025-03 | $690,000 | 1,930 | 99.4% |
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