The Fair Share Report

9 Pine St

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.

Step 1 · Market value

≈ $446,433

Likely range $427,818 – $489,225, from 12 comparable Dover sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

61.38%

The state's official measure of how far Dover assessments sit below market value — republished every October, applied town-wide. A $446,433 home should be assessed near $274,021.

Step 3 · Assessed value

$222,300

Set at the last town-wide revaluation and mostly frozen since. That's $51,721 below what the ratio math suggests (18.9%).

Step 4 · The tax rate — same for every Dover home

$3.489 per $100 assessed

$1.500 Schools · 43% $0.346 County · 10% $1.643 Town · 47%

Step 5 · The bill

$7,758/yr
Public schools$3,335
Morris County$769
Town of Dover$3,653
Dover average$8,409

This home vs. every recent Dover sale · assessed ÷ market

Town median 48.4%
This home · 49.8%

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)

AddressSoldPriceSq ftRatio
17 LEONARD ST2025-07$445,0001,52248.0%
50 RICHARDS AVE2025-09$435,0001,47042.4%
60 PASSAIC ST2025-02$403,5001,39640.9%
3 MYRTLE AVE2025-06$420,0001,50042.3%
55 LINCOLN AVE2025-05$480,0001,56550.0%
11 E FAIRVIEW AVE2025-04$525,0001,62442.6%
24 LIVINGSTON AVE2025-11$510,0001,47744.6%
121 W CHRYSTAL ST2025-05$500,0001,65550.8%
105-107 THOMPSON AVE2025-04$575,0001,44028.8%
33-35 GRANT ST2025-07$434,7001,48949.0%
46 BERRY ST2025-10$440,0001,32843.5%
42 FIRST ST A&B2026-05$650,0001,69234.0%

Is this your house?

Run your own report →

Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →