The Fair Share Report
22 Second St
Dover, NJ 07801
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 $521,162 – $636,720, from 12 comparable Dover 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 Dover assessments sit below market value — republished every October, applied town-wide. A $557,388 home should be assessed near $342,125.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $76,425 below what the ratio math suggests (22.3%).
Step 4 · The tax rate — same for every Dover home
$1.500 Schools · 43% $0.346 County · 10% $1.643 Town · 47%
Step 5 · The bill
This home vs. every recent Dover sale · assessed ÷ market
33%76%
Paying about right
This home's ratio lands inside Dover'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 |
|---|---|---|---|---|
| 42 ELENA PL | 2025-01 | $590,000 | 2,110 | 46.0% |
| 48 BYRAM AVE | 2025-11 | $520,000 | 1,970 | 58.4% |
| 21 LIBERTY ST | 2025-07 | $535,000 | 1,836 | 52.6% |
| 28 ELIZABETH ST | 2025-02 | $561,500 | 2,100 | 62.8% |
| 44 PROSPECT ST | 2025-05 | $487,500 | 1,988 | 48.2% |
| 23 SANFORD ST | 2025-05 | $505,000 | 1,844 | 47.8% |
| 70 DAVIS AVE A&B | 2025-11 | $480,000 | 2,024 | 53.8% |
| 43 BAKER ST | 2025-03 | $600,000 | 1,824 | 52.9% |
| 83 WHITE ST | 2026-05 | $693,000 | 2,044 | 52.4% |
| 130 KING ST | 2026-03 | $365,000 | — | 60.6% |
| 32 HINCHMAN AVE | 2025-09 | $565,000 | 1,893 | 44.6% |
| 61 W MUNSON AVE | 2025-10 | $495,000 | 1,566 | 50.1% |
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