The Fair Share Report
286 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 $396,746 – $574,044, 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 $533,469 home should be assessed near $85,782.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $36,932 below what the ratio math suggests (43.1%).
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
3%24%
Keep quiet and enjoy it
This home's assessment ratio sits below the Kearny pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 304 DAVIS AVE | 2025-10 | $390,000 | 1,280 | 20.1% |
| 157 STUYVESANT AVE | 2025-05 | $555,000 | 1,332 | 16.0% |
| 728 DEVON ST | 2026-06 | $570,000 | 1,280 | 16.7% |
| 97-101 IVY ST | 2025-06 | $635,000 | 1,232 | 8.6% |
| 774 CHESTNUT ST | 2025-03 | $580,000 | 1,314 | 14.3% |
| 13 MAGNOLIA AVE | 2025-08 | $601,000 | 1,216 | 14.5% |
| 265 HICKORY ST | 2025-03 | $490,000 | 1,382 | 14.4% |
| 290 STEWART AVE | 2025-03 | $415,000 | 1,329 | 19.4% |
| 333 1/2 FOREST ST | 2025-02 | $338,400 | 1,260 | 12.8% |
| 689 DEVON ST | 2025-08 | $500,000 | 1,186 | 14.8% |
| 405 ELM ST | 2026-02 | $400,000 | 1,184 | 14.3% |
| 92 KING ST | 2025-09 | $570,000 | 1,330 | 14.2% |
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