The Fair Share Report

8 Max Pl

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

≈ $387,198

Likely range $360,814 – $534,815, 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 $387,198 home should be assessed near $375,621.

Step 3 · Assessed value

$318,400

Set at the last town-wide revaluation and mostly frozen since. That's $57,221 below what the ratio math suggests (15.2%).

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 $1.635 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$5,206/yr
Public schools$3,518
Monmouth County$684
Town of Howell$1,004
Howell average$9,883

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

Town median 99.4%
This home · 82.2%

54%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
12 MAX PLACE2025-04$365,0001,20096.0%
1 MAX PLACE2025-02$355,0001,20098.6%
15 SWAN ROAD2025-01$350,0001,276104.1%
7 DECK COURT2026-04$585,0001,24694.4%
7 CARDINAL LANE2026-02$385,0001,27699.0%
6 CANARY CIRCLE2025-06$331,0001,276103.4%
6 PELICAN ROAD2025-04$410,0001,27697.7%
7 BRIARCLIFF COURT2025-01$410,0001,27699.7%
10 LILAC PL2026-05$572,5001,24690.2%
11 LAMP POST COURT2025-06$555,0001,186101.5%
27 FARNWORTH CLOSE2025-03$385,0001,226100.7%
12 FLAMINGO DRIVE2025-01$376,0001,320102.6%

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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 →