The Fair Share Report

36 Sixth St

Dover, NJ 07009

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

≈ $447,358

Likely range $434,596 – $574,143, 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 $447,358 home should be assessed near $274,588.

Step 3 · Assessed value

$218,400

Set at the last town-wide revaluation and mostly frozen since. That's $56,188 below what the ratio math suggests (20.5%).

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

$8,149/yr
Public schools$3,504
Morris County$808
Town of Dover$3,838
Dover average$8,409

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

Town median 48.4%
This home · 48.8%

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)

AddressSoldPriceSq ftRatio
49 KEARNEY ST2026-02$500,00042.7%
105 PENN AVE2025-09$625,0001,61936.5%
58 CONRAD PL2026-02$455,00044.3%
28 FRED TER2025-08$415,0001,56051.0%
128 ORAM DR2026-01$435,0001,49249.2%
100 W CLINTON ST2026-05$310,0001,64265.4%
19 SOUTH ST2026-06$517,5001,32240.8%
9 CHRISTOPHER ST2025-04$545,0001,47745.7%
33-35 GRANT ST2025-07$434,7001,48949.0%
8 N ELK AVE2026-04$482,0001,61457.5%
179 PEQUANNOCK ST2026-04$540,0001,46844.8%
23 SANFORD ST2025-05$505,0001,84447.8%

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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 →