The Fair Share Report
8 E Grimaldi 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $725,870 – $867,238, from 12 comparable Howell sales in the past 18 months (home size estimated from assessor data — range widened).
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 $798,190 home should be assessed near $774,324.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $43,524 below what the ratio math suggests (5.6%).
Step 4 · The tax rate — same for every Howell home
$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
This home vs. every recent Howell sale · assessed ÷ market
79%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 |
|---|---|---|---|---|
| 9 E MILAN BLVD | 2025-04 | $850,000 | 2,124 | 99.6% |
| 27 E RAPHAEL LN | 2025-01 | $700,000 | 2,238 | 102.9% |
| 78 CASCADES AVENUE | 2025-03 | $725,000 | 2,170 | 101.1% |
| 27 E SAGAMORE DR | 2025-05 | $825,000 | 2,333 | 98.7% |
| 19 SALLY STREET | 2025-06 | $600,000 | 2,076 | 99.2% |
| 8 HIALEAH COURT | 2026-01 | $800,000 | 2,210 | 94.2% |
| 90 WEST SHENENDOAH ROAD | 2025-06 | $715,000 | 2,126 | 100.5% |
| 4 DAVIDS LANE | 2026-03 | $695,000 | 2,159 | 103.6% |
| 17 WOOD SPRING ROAD | 2025-06 | $950,000 | 1,998 | 99.9% |
| 3 CARRIE DRIVE | 2025-04 | $757,308 | 2,064 | 99.9% |
| 33 W CHAUCER LN | 2026-05 | $799,000 | 2,056 | 92.4% |
| 42 DIAMOND LANE | 2026-04 | $815,000 | 2,067 | 95.8% |
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