The Fair Share Report
64 Central 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 $460,703 – $599,303, 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 $506,062 home should be assessed near $310,621.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $26,721 below what the ratio math suggests (8.6%).
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 |
|---|---|---|---|---|
| 103-105 KING ST | 2025-06 | $630,000 | 2,238 | 41.9% |
| 23 SANFORD ST | 2025-05 | $505,000 | 1,844 | 47.8% |
| 70 DAVIS AVE A&B | 2025-11 | $480,000 | 2,024 | 53.8% |
| 101 PRINCETON AVE A&B | 2025-02 | $585,000 | 2,363 | 50.7% |
| 11 E MC FARLAN ST A&B | 2025-10 | $420,000 | 2,272 | 62.0% |
| 228 S MORRIS ST A&B | 2025-11 | $580,000 | 2,052 | 38.1% |
| 78 JAMES ST | 2025-12 | $549,900 | 1,750 | 49.1% |
| 44 PROSPECT ST | 2025-05 | $487,500 | 1,988 | 48.2% |
| 100 W CLINTON ST | 2026-05 | $310,000 | 1,642 | 65.4% |
| 59 LINCOLN AVE | 2025-09 | $530,000 | 2,228 | 46.9% |
| 365 W CLINTON ST | 2025-01 | $500,000 | 2,228 | 51.5% |
| 94 S MORRIS ST A&B | 2026-02 | $500,000 | 2,062 | 48.4% |
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