The Fair Share Report
37 E Munson Ave
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 $426,818 – $492,454, from 12 comparable Dover sales in the past 18 months, at this home's 1,462 sq ft.
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 $430,551 home should be assessed near $264,272.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $50,572 below what the ratio math suggests (19.1%).
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 |
|---|---|---|---|---|
| 33-35 GRANT ST | 2025-07 | $434,700 | 1,489 | 49.0% |
| 51 KING ST | 2025-11 | $460,000 | 1,485 | 43.8% |
| 179 PEQUANNOCK ST | 2026-04 | $540,000 | 1,468 | 44.8% |
| 94BAKER AVE | 2025-01 | $470,000 | 1,602 | 54.1% |
| 42 BAKER AVE | 2025-09 | $545,000 | 1,618 | 52.8% |
| 101 HARDING AVE | 2025-01 | $460,000 | 1,562 | 47.9% |
| 52 CENTRAL AVE | 2025-10 | $400,000 | 1,600 | 56.4% |
| 9 CHRISTOPHER ST | 2025-04 | $545,000 | 1,477 | 45.7% |
| 50 RICHARDS AVE | 2025-09 | $435,000 | 1,470 | 42.4% |
| 17 LEONARD ST | 2025-07 | $445,000 | 1,522 | 48.0% |
| 8 N ELK AVE | 2026-04 | $482,000 | 1,614 | 57.5% |
| 26 HARRISON ST A&B | 2026-05 | $720,000 | 1,679 | 28.7% |
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