The Fair Share Report

379 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

≈ $715,887

Likely range $602,414 – $815,288, 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 $715,887 home should be assessed near $115,115.

Step 3 · Assessed value

$116,400

Set at the last town-wide revaluation and mostly frozen since. That's $1,285 above what the ratio math suggests (1.1%).

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

$12,627/yr
Public schools$5,965
Hudson County$2,232
Town of Kearny$4,431
Kearny average$10,749

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

Town median 15.5%
This home · 16.3%

7%25%

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
250 HIGHLAND AVENUE2025-11$785,0002,17211.6%
323 DEVON STREET2025-05$750,0002,43211.8%
206 HIGHLAND AVE2026-05$875,0002,54814.8%
119 DAVIS AVE2025-08$830,0002,10412.0%
117 DAVIS AVE2025-10$735,0002,10412.2%
163 LAUREL AVE2025-06$655,0002,36315.8%
133 RUTHERFORD PL2025-12$815,0002,58215.0%
703 SCHUYLER AVE2026-02$825,0002,10413.1%
486 DEVON ST2026-01$700,0002,08213.8%
16 HILLSIDE AVE2025-08$910,0002,71213.4%
35 WINDSOR ST2025-12$615,0001,96013.9%
217 BERGEN AVE2025-04$485,0001,92417.6%

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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 →