The Fair Share Report

27 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

≈ $716,174

Likely range $629,585 – $853,628, 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 $716,174 home should be assessed near $115,161.

Step 3 · Assessed value

$109,300

Set at the last town-wide revaluation and mostly frozen since. That's $5,861 below what the ratio math suggests (5.1%).

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

$11,857/yr
Public schools$5,601
Hudson County$2,095
Town of Kearny$4,160
Kearny average$10,749

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

Town median 15.5%
This home · 15.3%

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
330 HICKORY ST2025-12$795,0002,22615.6%
53 DEVON TERR2026-05$870,0002,05613.3%
101 LINDEN AVE2025-09$675,0002,09118.8%
59 ROSE ST2025-12$580,0002,61417.1%
18 SCHUYLER AVE2026-04$629,0001,83614.3%
30 JEFFERSON AVE2025-12$625,0001,94516.7%
21 LIVINGSTON AVE2025-11$660,0001,66416.8%
63 E MIDLAND AVE2025-08$890,0001,96016.4%
305 STEWART AVE2025-11$730,0002,11218.2%
141-143 PLEASANT PL2026-02$575,0001,83424.1%
280 HIGHLAND AVE2025-10$810,0001,82412.9%
108 PLEASANT PL2025-07$740,0002,02716.2%

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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 →