The Fair Share Report

486 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

≈ $727,315

Likely range $626,803 – $783,432, from 12 comparable Kearny sales in the past 18 months, at this home's 2,082 sq ft.

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 $727,315 home should be assessed near $116,952.

Step 3 · Assessed value

$96,400

Set at the last town-wide revaluation and mostly frozen since. That's $20,552 below what the ratio math suggests (17.6%).

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

$10,457/yr
Public schools$4,940
Hudson County$1,848
Town of Kearny$3,669
Kearny average$10,749

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

Town median 15.5%
This home · 13.3%

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%
119 DAVIS AVE2025-08$830,0002,10412.0%
117 DAVIS AVE2025-10$735,0002,10412.2%
250 HIGHLAND AVENUE2025-11$785,0002,17211.6%
108 PLEASANT PL2025-07$740,0002,02716.2%
211 WILSON AVE2025-09$534,3881,96416.7%
250 MAPLE ST2025-11$760,0002,07211.2%
30 JEFFERSON AVE2025-12$625,0001,94516.7%
35 WINDSOR ST2025-12$615,0001,96013.9%
145 HOYT ST2025-06$825,0001,95220.5%
102 PLEASANT PL2026-05$687,1021,82613.6%
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 →