The Fair Share Report
215 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 $724,961 – $939,975, 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 $835,852 home should be assessed near $134,405.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $8,505 below what the ratio math suggests (6.3%).
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 |
|---|---|---|---|---|
| 206 HIGHLAND AVE | 2026-05 | $875,000 | 2,548 | 14.8% |
| 109 S MIDLAND AVE | 2025-12 | $945,000 | 2,406 | 16.1% |
| 53 OAKWOOD AVE | 2026-04 | $720,000 | 2,023 | 15.8% |
| 102 PLEASANT PL | 2026-05 | $687,102 | 1,826 | 13.6% |
| 32 ANN ST | 2025-10 | $855,000 | 2,456 | 12.3% |
| 295 ARGYLE PL | 2025-06 | $650,000 | 1,608 | 17.8% |
| 117 PARK PL | 2025-08 | $710,000 | 2,338 | 15.9% |
| 98 PARK PL | 2024-12 | $630,000 | 2,490 | 21.5% |
| 323 DEVON STREET | 2025-05 | $750,000 | 2,432 | 11.8% |
| 438 DEVON ST | 2025-11 | $760,000 | 2,378 | 17.7% |
| 163 LAUREL AVE | 2025-06 | $655,000 | 2,363 | 15.8% |
| 275 HIGHLAND AVE | 2025-02 | $650,000 | 2,420 | 20.6% |
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