The Fair Share Report

77 Five Points Rd

Howell, NJ 07728

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

≈ $838,130

Likely range $724,777 – $879,222, 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 $838,130 home should be assessed near $813,070.

Step 3 · Assessed value

$991,500

Set at the last town-wide revaluation and mostly frozen since. That's $178,430 above what the ratio math suggests (21.9%).

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 $1.579 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$15,659/yr
Public schools$10,581
Monmouth County$2,058
Town of Howell$3,020
Howell average$9,883

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

Town median 99.4%
This home · 118.3%

84%142%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (100.00%) — roughly $2,960/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
274 ALDRICH ROAD2026-06$682,0002,94494.8%
7 CASTLE COURT2025-05$717,5002,50099.1%
28 ROE LANE2025-01$805,0002,527102.5%
58 CRATER LAKE ROAD2025-03$815,0002,48099.6%
26 CAPITOL REEF ROAD2025-01$650,0002,402101.4%
1 RIVER DRIVE2026-03$910,0002,72894.3%
12 STRATHMORE COURT2025-05$895,5002,330100.1%
186 TYRPAK ROAD2026-05$999,9992,87886.2%
14 BURDGE DRIVE2025-05$680,0002,41299.2%
70 DESAI COURT2026-01$907,0002,751104.3%
17 NATE LANE2026-02$815,0002,456101.0%
73 SUNNYSIDE ROAD2025-01$750,0002,54694.5%

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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 →