The Fair Share Report

60 E Fourth 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

≈ $569,982

Likely range $469,454 – $610,332, 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 $569,982 home should be assessed near $552,940.

Step 3 · Assessed value

$428,500

Set at the last town-wide revaluation and mostly frozen since. That's $124,440 below what the ratio math suggests (22.5%).

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 $1.531 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$6,559/yr
Public schools$4,432
Monmouth County$862
Town of Howell$1,265
Howell average$9,883

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

Town median 99.4%
This home · 75.2%

65%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
434 SHADY LANE2025-06$420,0001,406101.8%
15 LAWRENCE AVENUE2025-02$620,0001,50099.1%
93 WESTERN DRIVE2026-05$515,0001,42696.3%
38 ALAN TERRACE2026-04$675,0001,48080.3%
35 VIVIAN COURT2026-05$600,0001,48087.8%
42 OAK TERRACE2025-01$525,0001,48097.6%
243 SUNSET LANE2025-02$530,0001,42897.0%
42 WESTBROOK ROAD2025-01$600,0001,443100.0%
13 HEMLOCK ROAD2025-01$515,0001,600102.7%
265 RAMTOWN GREENVILLE RD2025-04$577,0001,48095.2%
295 SQUANKUM ROAD2025-03$529,9001,59988.5%
90 SMITH STREET2026-02$525,0001,34497.2%

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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 →