The Fair Share Report

371 Devon St

Kearny, NJ 07083

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

≈ $806,447

Likely range $672,495 – $1,083,725, 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 $806,447 home should be assessed near $129,677.

Step 3 · Assessed value

$164,500

Set at the last town-wide revaluation and mostly frozen since. That's $34,823 above what the ratio math suggests (26.9%).

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

$17,845/yr
Public schools$8,430
Hudson County$3,154
Town of Kearny$6,261
Kearny average$10,749

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

Town median 15.5%
This home · 20.4%

7%30%

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
206 HIGHLAND AVE2026-05$875,0002,54814.8%
109 S MIDLAND AVE2025-12$945,0002,40616.1%
98 PARK PL2024-12$630,0002,49021.5%
124 MAPLE ST2025-02$600,0002,83216.0%
61 MAPLE ST2025-09$735,0003,10212.8%
614-616 ELM ST2025-11$650,0002,85115.8%
16 HILLSIDE AVE2025-08$910,0002,71213.4%
229 BRIGHTON AVE2026-03$730,0002,93617.8%
102 PLEASANT PL2026-05$687,1021,82613.6%
112 HOYT ST2025-11$670,0003,10814.7%
133 RUTHERFORD PL2025-12$815,0002,58215.0%
616 CHESTNUT ST2025-10$700,0003,15015.3%

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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 →