The Fair Share Report

418 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

≈ $758,165

Likely range $671,922 – $842,823, 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 $758,165 home should be assessed near $121,913.

Step 3 · Assessed value

$117,900

Set at the last town-wide revaluation and mostly frozen since. That's $4,013 below what the ratio math suggests (3.3%).

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

$12,790/yr
Public schools$6,042
Hudson County$2,260
Town of Kearny$4,488
Kearny average$10,749

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

Town median 15.5%
This home · 15.6%

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)

AddressSoldPriceSq ftRatio
703 SCHUYLER AVE2026-02$825,0002,10413.1%
486 DEVON ST2026-01$700,0002,08213.8%
250 HIGHLAND AVENUE2025-11$785,0002,17211.6%
438 DEVON ST2025-11$760,0002,37817.7%
119 DAVIS AVE2025-08$830,0002,10412.0%
211 WILSON AVE2025-09$534,3881,96416.7%
117 DAVIS AVE2025-10$735,0002,10412.2%
108 PLEASANT PL2025-07$740,0002,02716.2%
163 LAUREL AVE2025-06$655,0002,36315.8%
133 RUTHERFORD PL2025-12$815,0002,58215.0%
108 STEWART AVE2025-07$555,0002,29618.5%
62 WILSON AVE2025-11$810,0002,64016.5%

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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 →