The Fair Share Report

190 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.

Step 1 · Market value

≈ $705,851

Likely range $637,209 – $832,590, 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 $705,851 home should be assessed near $113,501.

Step 3 · Assessed value

$115,000

Set at the last town-wide revaluation and mostly frozen since. That's $1,499 above what the ratio math suggests (1.3%).

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

$12,475/yr
Public schools$5,893
Hudson County$2,205
Town of Kearny$4,377
Kearny average$10,749

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

Town median 15.5%
This home · 16.3%

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)

AddressSoldPriceSq ftRatio
108 PLEASANT PL2025-07$740,0002,02716.2%
145 HOYT ST2025-06$825,0001,95220.5%
21-23 ANN ST2025-10$775,0001,97412.7%
108 STEWART AVE2025-07$555,0002,29618.5%
450 DAVIS AVE2025-04$625,0001,95814.1%
34 PAVONIA AVE2025-03$790,0002,37013.6%
486 DEVON ST2026-01$700,0002,08213.8%
30 JEFFERSON AVE2025-12$625,0001,94516.7%
238-240 MIDLAND AVE2025-09$730,0002,11616.3%
703 SCHUYLER AVE2026-02$825,0002,10413.1%
68 QUINCY AVE2026-01$650,0001,84815.2%
122 STUYVESANT AVE2025-07$630,0002,59713.8%

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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 →