The Fair Share Report

90 Guy 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

≈ $408,269

Likely range $260,651 – $493,742, 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 $408,269 home should be assessed near $250,596.

Step 3 · Assessed value

$168,000

Set at the last town-wide revaluation and mostly frozen since. That's $82,596 below what the ratio math suggests (33.0%).

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

$5,863/yr
Public schools$2,521
Morris County$581
Town of Dover$2,761
Dover average$8,409

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

Town median 48.4%
This home · 41.1%

29%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
121 W MUNSON AVE2026-03$365,00080042.1%
21 HILLSIDE AVE2025-07$460,00093638.3%
21 RUTAN DR2025-04$436,0001,12242.0%
22 SOUTH HIGHLAND AVE2025-12$460,00091046.0%
11 FRONT ST2025-11$350,00094450.6%
18 GRANT ST2026-02$452,00091040.3%
46 BERRY ST2025-10$440,0001,32843.5%
44 CURTIS ST2026-03$250,00093276.3%
60 WATSON DR2026-05$515,00092437.4%
110 MT HOPE AVE2025-07$385,00091046.7%
60 PASSAIC ST2025-02$403,5001,39640.9%
3 MYRTLE AVE2025-06$420,0001,50042.3%

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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 →