The Fair Share Report

44 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.

Step 1 · Market value

≈ $473,194

Likely range $426,603 – $624,386, 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 $473,194 home should be assessed near $290,446.

Step 3 · Assessed value

$230,200

Set at the last town-wide revaluation and mostly frozen since. That's $60,246 below what the ratio math suggests (20.7%).

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

$8,034/yr
Public schools$3,454
Morris County$797
Town of Dover$3,783
Dover average$8,409

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

Town median 48.4%
This home · 48.6%

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)

AddressSoldPriceSq ftRatio
130 KING ST2026-03$365,00060.6%
128 ORAM DR2026-01$435,0001,49249.2%
28 FRED TER2025-08$415,0001,56051.0%
100 W CLINTON ST2026-05$310,0001,64265.4%
105 PENN AVE2025-09$625,0001,61936.5%
56 HILLSIDE AVE A&B2025-05$260,0001,26770.7%
23 SANFORD ST2025-05$505,0001,84447.8%
61 W MUNSON AVE2025-10$495,0001,56650.1%
38 E DICKERSON ST2026-05$435,0001,62547.2%
21 LIBERTY ST2025-07$535,0001,83652.6%
19 JORDAN TER2025-05$515,0001,22836.3%
19 JORDAN TER2025-01$474,3001,22839.4%

Is this your house?

Run your own report →

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 →