The Fair Share Report

7 Deerpath Dr

Howell, NJ 07727

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

≈ $1,358,400

Likely range $1,136,737 – $1,697,049, 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 $1,358,400 home should be assessed near $1,317,784.

Step 3 · Assessed value

$1,437,100

Set at the last town-wide revaluation and mostly frozen since. That's $119,316 above what the ratio math suggests (9.1%).

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 $1.529 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$21,979/yr
Public schools$14,851
Monmouth County$2,888
Town of Howell$4,239
Howell average$9,883

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

Town median 99.4%
This home · 105.8%

79%132%

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
1 BRIDGEWATER WAY2025-01$1,075,0004,372100.4%
3 JORDAN COURT2025-06$1,230,0004,29896.7%
7 ROCKSPRAY COURT2025-02$900,0004,66699.1%
375 PETER FORMAN DRIVE2026-03$1,200,0004,192111.3%
5 DEERPATH DRIVE2025-05$1,150,0003,22298.1%
220 THOROUGHBRED DRIVE2025-05$1,510,0005,289100.2%
2 BRACKEN COURT2026-04$865,0003,72683.0%
28 COURTNEY COURT2025-03$1,292,0004,60999.9%
39 ARROWWOOD COURT2025-01$800,0003,745102.2%
11 NICOLE CT.2025-04$2,000,0004,56392.0%
12 COURTNEY CT.2025-04$1,600,0004,52299.5%
11 BRIAN CT2026-03$1,600,0004,38676.1%

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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 →