The Fair Share Report
32 Overlook Ave
Dover, NJ 07802
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 $339,056 – $530,506, 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 $480,866 home should be assessed near $295,156.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $102,556 below what the ratio math suggests (34.7%).
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
31%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 |
|---|---|---|---|---|
| 58 CONRAD PL | 2026-02 | $455,000 | — | 44.3% |
| 25 WATSON DR | 2025-11 | $500,000 | 1,140 | 43.4% |
| 19 JORDAN TER | 2025-05 | $515,000 | 1,228 | 36.3% |
| 19 JORDAN TER | 2025-01 | $474,300 | 1,228 | 39.4% |
| 56 HILLSIDE AVE A&B | 2025-05 | $260,000 | 1,267 | 70.7% |
| 49 KEARNEY ST | 2026-02 | $500,000 | — | 42.7% |
| 19 SOUTH ST | 2026-06 | $517,500 | 1,322 | 40.8% |
| 28 FRED TER | 2025-08 | $415,000 | 1,560 | 51.0% |
| 333 W CLINTON ST | 2025-12 | $449,000 | 1,394 | 54.0% |
| 130 KING ST | 2026-03 | $365,000 | — | 60.6% |
| 128 ORAM DR | 2026-01 | $435,000 | 1,492 | 49.2% |
| 3 BROOK DR | 2025-04 | $340,000 | 1,008 | 60.3% |
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