The Fair Share Report

13 Pine St

Dover, NJ 07801

The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.

This home's payments are about right

It sits inside Dover's normal range — market price changes haven't singled it out. No case for a tax appeal.

Step 1 · Market value

≈ $445,275

Likely range $406,328 – $578,700, from 12 comparable Dover sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

61.38%

The state's official measure of how far Dover assessments sit below market value — republished every October, applied town-wide. A $445,275 home should be assessed near $273,310.

Step 3 · Assessed value

$224,400

Set at the last town-wide revaluation and mostly frozen since. That's $48,910 below what the ratio math suggests (17.9%).

Step 4 · The tax rate — same for every Dover home

$3.489 per $100 assessed

$1.500 Schools · 43% $0.346 County · 10% $1.643 Town · 47%

Step 5 · The bill

$7,832/yr
Public schools$3,367
Morris County$777
Town of Dover$3,688
Dover average$8,409

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

Town median 48.4%
This home · 50.4%

33%76%

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

AddressSoldPriceSq ftRatio
9 CHRISTOPHER ST2025-04$545,0001,47745.7%
33-35 GRANT ST2025-07$434,7001,48949.0%
100 W CLINTON ST2026-05$310,0001,64265.4%
179 PEQUANNOCK ST2026-04$540,0001,46844.8%
94BAKER AVE2025-01$470,0001,60254.1%
42 BAKER AVE2025-09$545,0001,61852.8%
8 N ELK AVE2026-04$482,0001,61457.5%
51 KING ST2025-11$460,0001,48543.8%
8 LINCOLN AVE2025-01$420,0001,53842.1%
101 HARDING AVE2025-01$460,0001,56247.9%
105 PENN AVE2025-09$625,0001,61936.5%
38 E DICKERSON ST2026-05$435,0001,62547.2%

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