The Fair Share Report
120 Devon St
Kearny, NJ 07032
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 $468,831 – $680,928, from 12 comparable Kearny 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 Kearny assessments sit below market value — republished every October, applied town-wide. A $581,588 home should be assessed near $93,519.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $8,119 below what the ratio math suggests (8.7%).
Step 4 · The tax rate — same for every Kearny home
$5.124 Schools · 47% $1.917 County · 18% $3.806 Town · 35%
Step 5 · The bill
This home vs. every recent Kearny sale · assessed ÷ market
7%24%
Paying about right
This home's ratio lands inside Kearny'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 |
|---|---|---|---|---|
| 42 PAVONIA AVE | 2026-01 | $695,000 | 1,685 | 17.1% |
| 8 LINCOLN AVE | 2025-11 | $560,000 | 1,854 | 11.4% |
| 68 QUINCY AVE | 2026-01 | $650,000 | 1,848 | 15.2% |
| 184 CHESTNUT ST | 2025-07 | $695,000 | 1,665 | 11.2% |
| 317 DAVIS AVE | 2026-01 | $565,000 | 2,080 | 16.3% |
| 450 DAVIS AVE | 2025-04 | $625,000 | 1,958 | 14.1% |
| 4 TAPPAN ST | 2025-06 | $700,000 | 2,154 | 14.9% |
| 138 TAPPAN ST | 2025-02 | $502,000 | 1,911 | 17.7% |
| 140 TAPPAN ST | 2025-04 | $550,000 | 1,664 | 13.3% |
| 419 ELM ST | 2025-12 | $650,000 | 1,800 | 13.7% |
| 688 DEVON ST | 2025-01 | $569,000 | 1,890 | 15.1% |
| 102 PLEASANT PL | 2026-05 | $687,102 | 1,826 | 13.6% |
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