The Fair Share Report

180 Devon St

Kearny, NJ 07071

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

≈ $741,189

Likely range $638,742 – $966,829, from 12 comparable Kearny sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

16.08%

The state's official measure of how far Kearny assessments sit below market value — republished every October, applied town-wide. A $741,189 home should be assessed near $119,183.

Step 3 · Assessed value

$155,100

Set at the last town-wide revaluation and mostly frozen since. That's $35,917 above what the ratio math suggests (30.1%).

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

$10.847 per $100 assessed

$5.124 Schools · 47% $1.917 County · 18% $3.806 Town · 35%

Step 5 · The bill

$16,825/yr
Public schools$7,948
Hudson County$2,974
Town of Kearny$5,904
Kearny average$10,749

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

Town median 15.5%
This home · 20.9%

7%30%

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)

AddressSoldPriceSq ftRatio
616 CHESTNUT ST2025-10$700,0003,15015.3%
229 BRIGHTON AVE2026-03$730,0002,93617.8%
62 WILSON AVE2025-11$810,0002,64016.5%
16 HILLSIDE AVE2025-08$910,0002,71213.4%
400 CHESTNUT ST2025-01$760,0002,79817.1%
61 MAPLE ST2025-09$735,0003,10212.8%
614-616 ELM ST2025-11$650,0002,85115.8%
112 HOYT ST2025-11$670,0003,10814.7%
104 BERGEN AVE2025-06$685,0002,72813.6%
708 KEARNY AVE2026-04$671,0003,05813.2%
369 MAPLE ST2025-04$765,0002,68017.4%
124 MAPLE ST2025-02$600,0002,83216.0%

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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 →