The Fair Share Report
7 S 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 $425,004 – $603,195, 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 $464,123 home should be assessed near $284,879.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $54,279 below what the ratio math suggests (19.1%).
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 |
|---|---|---|---|---|
| 105 PENN AVE | 2025-09 | $625,000 | 1,619 | 36.5% |
| 100 W CLINTON ST | 2026-05 | $310,000 | 1,642 | 65.4% |
| 28 FRED TER | 2025-08 | $415,000 | 1,560 | 51.0% |
| 128 ORAM DR | 2026-01 | $435,000 | 1,492 | 49.2% |
| 23 SANFORD ST | 2025-05 | $505,000 | 1,844 | 47.8% |
| 19 SOUTH ST | 2026-06 | $517,500 | 1,322 | 40.8% |
| 49 KEARNEY ST | 2026-02 | $500,000 | — | 42.7% |
| 9 CHRISTOPHER ST | 2025-04 | $545,000 | 1,477 | 45.7% |
| 58 CONRAD PL | 2026-02 | $455,000 | — | 44.3% |
| 94BAKER AVE | 2025-01 | $470,000 | 1,602 | 54.1% |
| 42 BAKER AVE | 2025-09 | $545,000 | 1,618 | 52.8% |
| 38 E DICKERSON ST | 2026-05 | $435,000 | 1,625 | 47.2% |
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