The Fair Share Report

5 Robert Ave

Howell, NJ 07720

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

≈ $466,824

Likely range $307,196 – $555,850, 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 $466,824 home should be assessed near $452,866.

Step 3 · Assessed value

$493,400

Set at the last town-wide revaluation and mostly frozen since. That's $40,534 above what the ratio math suggests (9.0%).

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 $1.500 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$7,400/yr
Public schools$5,000
Monmouth County$972
Town of Howell$1,427
Howell average$9,883

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

Town median 99.4%
This home · 105.7%

83%166%

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
35 BROOKSIDE DRIVE2025-04$545,0001,32298.3%
14 WOODSIDE DRIVE2025-04$525,0001,26099.4%
93 WESTERN DRIVE2026-05$515,0001,42696.3%
34 CLARK DRIVE2026-03$470,0001,188103.2%
161A PARKWAY DRIVE2026-05$330,0001,26292.2%
157A RUE DE ST GERMAIN2026-05$375,0001,26889.0%
120D MUHLEN PLATZ2026-05$295,0001,262115.5%
128C KORN MARKET2026-04$255,0001,262109.5%
160A RUE DE ST GERMAIN2025-02$268,0001,262103.9%
147B COURS DE PASTEUR2025-01$317,5001,262101.0%
42 WESTBROOK ROAD2025-01$600,0001,443100.0%
38 ALAN TERRACE2026-04$675,0001,48080.3%

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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 →