The Fair Share Report
47 William St
Dover, NJ 07058
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 $446,999 – $480,030, 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 $459,857 home should be assessed near $282,260.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $54,860 below what the ratio math suggests (19.4%).
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 |
|---|---|---|---|---|
| 55 LINCOLN AVE | 2025-05 | $480,000 | 1,565 | 50.0% |
| 3 MYRTLE AVE | 2025-06 | $420,000 | 1,500 | 42.3% |
| 17 LEONARD ST | 2025-07 | $445,000 | 1,522 | 48.0% |
| 50 RICHARDS AVE | 2025-09 | $435,000 | 1,470 | 42.4% |
| 97 W CLINTON ST | 2025-11 | $380,000 | 1,596 | 52.7% |
| 101 HARDING AVE | 2025-01 | $460,000 | 1,562 | 47.9% |
| 60 PASSAIC ST | 2025-02 | $403,500 | 1,396 | 40.9% |
| 52 CENTRAL AVE | 2025-10 | $400,000 | 1,600 | 56.4% |
| 32 HINCHMAN AVE | 2025-09 | $565,000 | 1,893 | 44.6% |
| 121 W CHRYSTAL ST | 2025-05 | $500,000 | 1,655 | 50.8% |
| 51 KING ST | 2025-11 | $460,000 | 1,485 | 43.8% |
| 24 LIVINGSTON AVE | 2025-11 | $510,000 | 1,477 | 44.6% |
Is this your house?
Run your own report →