The Fair Share Report

50 E Second St

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

≈ $733,078

Likely range $637,982 – $765,347, 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 $733,078 home should be assessed near $711,159.

Step 3 · Assessed value

$569,600

Set at the last town-wide revaluation and mostly frozen since. That's $141,559 below what the ratio math suggests (19.9%).

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 $1.573 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$8,959/yr
Public schools$6,054
Monmouth County$1,177
Town of Howell$1,728
Howell average$9,883

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

Town median 99.4%
This home · 77.7%

69%111%

Keep quiet and enjoy it

This home's assessment ratio sits below the Howell pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
33 SALEM HILL ROAD2025-06$568,0001,842102.2%
4 LEXINGTON ROAD2025-02$762,5001,97498.8%
52 NEWBURY ROAD2025-06$700,0001,94498.7%
34 WESTBROOK ROAD2025-01$790,0001,97499.2%
30 FORREST HILL DRIVE2026-01$780,0001,97492.4%
509 MIDDLE LANE2025-04$660,0002,10498.8%
4 WESTBROOK ROAD2026-06$740,0001,97490.0%
17 SUGARBUSH ROAD2026-01$670,0001,957107.3%
102 OLD BRIDGE DRIVE2025-04$638,0001,930100.3%
21 BUNKER HILL DRIVE2026-01$740,0001,99091.7%
15 HEARTH COURT2026-04$732,5001,92692.0%
5 COBBLESTONE COURT2025-02$700,0001,816100.2%

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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 →