The Fair Share Report
7 E Fairview 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 $431,978 – $673,292, 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 $548,922 home should be assessed near $336,928.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $92,828 below what the ratio math suggests (27.6%).
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
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 25 E MUNSON AVE | 2025-09 | $450,000 | 1,742 | 52.3% |
| 11 E FAIRVIEW AVE | 2025-04 | $525,000 | 1,624 | 42.6% |
| 42 FIRST ST A&B | 2026-05 | $650,000 | 1,692 | 34.0% |
| 26 HARRISON ST A&B | 2026-05 | $720,000 | 1,679 | 28.7% |
| 77BAKER AVE | 2026-02 | $515,000 | 1,720 | 51.5% |
| 77BAKER AVE | 2025-12 | $350,000 | 1,720 | 75.9% |
| 121 W CHRYSTAL ST | 2025-05 | $500,000 | 1,655 | 50.8% |
| 105 PENN AVE | 2025-09 | $625,000 | 1,619 | 36.5% |
| 8 N ELK AVE | 2026-04 | $482,000 | 1,614 | 57.5% |
| 100 W CLINTON ST | 2026-05 | $310,000 | 1,642 | 65.4% |
| 28 FRED TER | 2025-08 | $415,000 | 1,560 | 51.0% |
| 43 BAKER ST | 2025-03 | $600,000 | 1,824 | 52.9% |
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