The Fair Share Report

8 Pine Rd

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

≈ $310,503

Likely range $267,291 – $338,216, 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 $310,503 home should be assessed near $301,219.

Step 3 · Assessed value

$324,700

Set at the last town-wide revaluation and mostly frozen since. That's $23,481 above what the ratio math suggests (7.8%).

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%

Step 5 · The bill

$5,555/yr
Public schools$3,753
Monmouth County$730
Town of Howell$1,071
Howell average$9,883

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

Town median 99.4%
This home · 104.6%

84%127%

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
10 SUNSET DRIVE2026-05$360,000900117.3%
51 LINTON CLOSE2026-05$280,000942134.2%
35 IVY RIDGE CLOSE2026-05$322,00089699.8%
32 CARNABY CLOSE2026-03$325,00089698.6%
43 LAKE DRIVE2026-05$584,00096090.5%
681 ALDRICH ROAD2026-03$480,00096096.6%
93E HALLS CROFT2026-04$252,10195288.1%
106E RAGLEY HALL2025-04$280,00095299.4%
89C THEATRE GARDEN2025-03$340,000952102.0%
95C HALLS CROFT2025-03$259,000952101.1%
461 MAGNOLIA COURT2026-06$325,000964103.2%
402 BROOKVIEW COURT2026-06$340,000964101.3%

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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 →