The Fair Share Report
51 Guy St
Dover, NJ 07869
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 $401,470 – $537,633, 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 $516,925 home should be assessed near $317,289.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $68,089 below what the ratio math suggests (21.5%).
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 |
|---|---|---|---|---|
| 32 HINCHMAN AVE | 2025-09 | $565,000 | 1,893 | 44.6% |
| 55 LINCOLN AVE | 2025-05 | $480,000 | 1,565 | 50.0% |
| 77BAKER AVE | 2026-02 | $515,000 | 1,720 | 51.5% |
| 77BAKER AVE | 2025-12 | $350,000 | 1,720 | 75.9% |
| 3 MYRTLE AVE | 2025-06 | $420,000 | 1,500 | 42.3% |
| 42 FIRST ST A&B | 2026-05 | $650,000 | 1,692 | 34.0% |
| 97 W CLINTON ST | 2025-11 | $380,000 | 1,596 | 52.7% |
| 228 S MORRIS ST A&B | 2025-11 | $580,000 | 2,052 | 38.1% |
| 60 NEW ST | 2025-01 | $434,000 | 1,858 | 74.5% |
| 121 W CHRYSTAL ST | 2025-05 | $500,000 | 1,655 | 50.8% |
| 17 LEONARD ST | 2025-07 | $445,000 | 1,522 | 48.0% |
| 50 RICHARDS AVE | 2025-09 | $435,000 | 1,470 | 42.4% |
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