The Fair Share Report
280 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 $607,650 – $810,353, 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 $734,432 home should be assessed near $118,097.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $9,703 above what the ratio math suggests (8.2%).
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%26%
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 |
|---|---|---|---|---|
| 108 STEWART AVE | 2025-07 | $555,000 | 2,296 | 18.5% |
| 34 PAVONIA AVE | 2025-03 | $790,000 | 2,370 | 13.6% |
| 122 STUYVESANT AVE | 2025-07 | $630,000 | 2,597 | 13.8% |
| 438 DEVON ST | 2025-11 | $760,000 | 2,378 | 17.7% |
| 520 SCHUYLER AVE | 2026-05 | $760,000 | 2,624 | 11.6% |
| 163 LAUREL AVE | 2025-06 | $655,000 | 2,363 | 15.8% |
| 108 PLEASANT PL | 2025-07 | $740,000 | 2,027 | 16.2% |
| 145 HOYT ST | 2025-06 | $825,000 | 1,952 | 20.5% |
| 86-88 IVY ST | 2025-04 | $855,000 | 2,706 | 17.0% |
| 21-23 ANN ST | 2025-10 | $775,000 | 1,974 | 12.7% |
| 400 CHESTNUT ST | 2025-01 | $760,000 | 2,798 | 17.1% |
| 703 SCHUYLER AVE | 2026-02 | $825,000 | 2,104 | 13.1% |
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