The Fair Share Report

91 Maple 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.

Step 1 · Market value

≈ $449,195

Likely range $421,320 – $522,449, 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 $449,195 home should be assessed near $275,716.

Step 3 · Assessed value

$189,500

Set at the last town-wide revaluation and mostly frozen since. That's $86,216 below what the ratio math suggests (31.3%).

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

$6,614/yr
Public schools$2,843
Morris County$656
Town of Dover$3,114
Dover average$8,409

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

Town median 48.4%
This home · 42.2%

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)

AddressSoldPriceSq ftRatio
3-5 SICKLE ST2025-11$590,0001,29637.1%
49 KEARNEY ST2026-02$500,00042.7%
25 WATSON DR2025-11$500,0001,14043.4%
21 RUTAN DR2025-04$436,0001,12242.0%
19 SOUTH ST2026-06$517,5001,32240.8%
3 BROOK DR2025-04$340,0001,00860.3%
94 RANDOLPH AVE2025-09$485,0001,32449.3%
58 CONRAD PL2026-02$455,00044.3%
8 N ELK AVE2026-04$482,0001,61457.5%
9 CHRISTOPHER ST2025-04$545,0001,47745.7%
37 KEARNEY ST2026-04$496,0001,44744.7%
33 W CLINTON ST A&B2024-12$685,0001,16031.1%

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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 →