The Fair Share Report

558 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

≈ $764,344

Likely range $678,573 – $886,109, 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 $764,344 home should be assessed near $122,907.

Step 3 · Assessed value

$117,200

Set at the last town-wide revaluation and mostly frozen since. That's $5,707 below what the ratio math suggests (4.6%).

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

$12,714/yr
Public schools$6,006
Hudson County$2,247
Town of Kearny$4,461
Kearny average$10,749

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

Town median 15.5%
This home · 15.3%

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
108 STEWART AVE2025-07$555,0002,29618.5%
703 SCHUYLER AVE2026-02$825,0002,10413.1%
4 TAPPAN ST2025-06$700,0002,15414.9%
450 DAVIS AVE2025-04$625,0001,95814.1%
145 HOYT ST2025-06$825,0001,95220.5%
317 DAVIS AVE2026-01$565,0002,08016.3%
250 HIGHLAND AVENUE2025-11$785,0002,17211.6%
486 DEVON ST2026-01$700,0002,08213.8%
68 QUINCY AVE2026-01$650,0001,84815.2%
21-23 ANN ST2025-10$775,0001,97412.7%
119 DAVIS AVE2025-08$830,0002,10412.0%
211 WILSON AVE2025-09$534,3881,96416.7%

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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 →