The Fair Share Report
5 Paceview Dr
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 $702,338 – $857,291, 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 $755,840 home should be assessed near $733,240.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $160 above what the ratio math suggests (0.0%).
Step 4 · The tax rate — same for every Howell home
$1.121 Schools · 68% $0.218 County · 13% $0.320 Town · 19%
Step 5 · The bill
This home vs. every recent Howell sale · assessed ÷ market
80%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 56 CRATER LAKE ROAD | 2025-05 | $720,000 | 2,088 | 99.4% |
| 3 CARRIE DRIVE | 2025-04 | $757,308 | 2,064 | 99.9% |
| 5 DIAMOND LANE | 2025-03 | $805,000 | 2,100 | 99.3% |
| 8 DANELLA WAY | 2025-02 | $826,000 | 2,032 | 100.5% |
| 16 DEBORAH LANE | 2025-06 | $736,000 | 2,036 | 100.0% |
| 17 SUN HOLLOW ROAD | 2026-06 | $875,000 | 2,100 | 91.5% |
| 90 WEST SHENENDOAH ROAD | 2025-06 | $715,000 | 2,126 | 100.5% |
| 16 DIAMOND LANE | 2026-05 | $916,500 | 2,112 | 89.5% |
| 7 BRITTANY COURT | 2026-03 | $885,000 | 2,032 | 98.9% |
| 12 DIAMOND LANE | 2026-02 | $740,000 | 2,006 | 102.3% |
| 20 CAPITOL REEF ROAD | 2025-03 | $690,000 | 1,930 | 99.4% |
| 19 DAYNA COURT | 2025-03 | $865,000 | 2,116 | 100.1% |
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