The Fair Share Report

269 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

≈ $626,510

Likely range $524,584 – $668,370, 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 $626,510 home should be assessed near $100,743.

Step 3 · Assessed value

$88,100

Set at the last town-wide revaluation and mostly frozen since. That's $12,643 below what the ratio math suggests (12.5%).

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

$9,557/yr
Public schools$4,515
Hudson County$1,689
Town of Kearny$3,353
Kearny average$10,749

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

Town median 15.5%
This home · 14.1%

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
42 GRANT AVE2025-08$625,0001,73212.4%
102 PLEASANT PL2026-05$687,1021,82613.6%
100 LAUREL AVE2025-10$570,0001,72514.4%
73 WILLIAM ST2025-08$605,0001,54814.7%
63 HILLCREST RD2025-03$575,0001,67317.8%
419 ELM ST2025-12$650,0001,80013.7%
217 BERGEN AVE2025-04$485,0001,92417.6%
124 BELGROVE DR2026-04$430,0001,61418.3%
35 WINDSOR ST2025-12$615,0001,96013.9%
62 HAMILTON AVE2026-01$710,0001,67417.4%
280 HIGHLAND AVE2025-10$810,0001,82412.9%
131 SANFORD AVE2025-07$555,0001,47211.2%

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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 →