The Fair Share Report
6 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.
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Step 1 · Market value
Likely range $879,452 – $937,839, from 12 comparable Howell sales in the past 18 months, at this home's 2,944 sq ft.
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 $904,177 home should be assessed near $877,142.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $37,558 above what the ratio math suggests (4.3%).
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
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 97 GRISTMILL ROAD | 2025-06 | $890,000 | 2,924 | 100.0% |
| 4 SHANNON COURT | 2025-01 | $875,000 | 2,849 | 101.1% |
| 8 SHANNON COURT | 2025-01 | $915,000 | 3,063 | 101.8% |
| 26 HIGGINS CT | 2025-02 | $820,000 | 2,867 | 100.6% |
| 39 JOHNNY DRIVE | 2025-05 | $999,999 | 3,204 | 99.7% |
| 14 NICKLAUS LANE | 2026-02 | $945,000 | 2,584 | 93.7% |
| 93 WEST SHENENDOAH ROAD | 2026-05 | $825,000 | 2,794 | 94.7% |
| 290 SETON HALL DRIVE | 2025-02 | $900,000 | 3,234 | 100.6% |
| 28 ROE LANE | 2025-01 | $805,000 | 2,527 | 102.5% |
| 12 JARED COURT | 2025-05 | $974,025 | 2,552 | 100.1% |
| 58 CRATER LAKE ROAD | 2025-03 | $815,000 | 2,480 | 99.6% |
| 22 THOUSAND OAKS TERRACE | 2026-03 | $915,000 | 3,021 | 104.8% |
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