The Fair Share Report

31 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

≈ $856,931

Likely range $663,172 – $942,593, 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 $856,931 home should be assessed near $137,795.

Step 3 · Assessed value

$151,900

Set at the last town-wide revaluation and mostly frozen since. That's $14,105 above what the ratio math suggests (10.2%).

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

$16,478/yr
Public schools$7,784
Hudson County$2,912
Town of Kearny$5,782
Kearny average$10,749

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

Town median 15.5%
This home · 17.7%

7%28%

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
563 CHESTNUT ST2025-09$865,0003,21612.7%
616 CHESTNUT ST2025-10$700,0003,15015.3%
708 KEARNY AVE2026-04$671,0003,05813.2%
164 WILSON AVE2025-08$770,0003,57613.0%
98 WOODLAND AVE2025-10$750,0002,7889.7%
41 HALSTEAD ST2025-01$830,0002,75013.7%
229 BRIGHTON AVE2026-03$730,0002,93617.8%
61 MAPLE ST2025-09$735,0003,10212.8%
112 HOYT ST2025-11$670,0003,10814.7%
62 WILSON AVE2025-11$810,0002,64016.5%
104 BERGEN AVE2025-06$685,0002,72813.6%
86-88 IVY ST2025-04$855,0002,70617.0%

Is this your house?

Run your own report →

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 →