The Fair Share Report
394 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 $505,030 – $617,459, 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 $600,179 home should be assessed near $96,509.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $14,909 below what the ratio math suggests (15.4%).
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%24%
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 |
|---|---|---|---|---|
| 73 WILLIAM ST | 2025-08 | $605,000 | 1,548 | 14.7% |
| 124 BELGROVE DR | 2026-04 | $430,000 | 1,614 | 18.3% |
| 244 FOREST ST | 2026-01 | $520,000 | 1,450 | 16.8% |
| 46 W BENNETT AVE | 2025-06 | $775,000 | 1,476 | 14.7% |
| 19 HAMILTON AVE | 2026-04 | $740,000 | 1,598 | 16.4% |
| 10 HAMILTON AVENUE | 2025-10 | $610,000 | 1,608 | 18.1% |
| 63 HILLCREST RD | 2025-03 | $575,000 | 1,673 | 17.8% |
| 423 DEVON ST | 2025-03 | $410,000 | 1,552 | 18.4% |
| 812 CHESTNUT ST | 2024-12 | $550,000 | 1,430 | 14.5% |
| 131 SANFORD AVE | 2025-07 | $555,000 | 1,472 | 11.2% |
| 100 LAUREL AVE | 2025-10 | $570,000 | 1,725 | 14.4% |
| 42 GRANT AVE | 2025-08 | $625,000 | 1,732 | 12.4% |
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