The Fair Share Report
573 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 $531,025 – $729,597, 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 $605,361 home should be assessed near $97,342.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $42 below what the ratio math suggests (0.0%).
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 |
|---|---|---|---|---|
| 21 LIVINGSTON AVE | 2025-11 | $660,000 | 1,664 | 16.8% |
| 280 HIGHLAND AVE | 2025-10 | $810,000 | 1,824 | 12.9% |
| 162 BELLEVILLE TPKE | 2026-02 | $484,000 | 1,560 | 18.7% |
| 62 HAMILTON AVE | 2026-01 | $710,000 | 1,674 | 17.4% |
| 102 PLEASANT PL | 2026-05 | $687,102 | 1,826 | 13.6% |
| 111 SEELEY AVE | 2025-10 | $480,000 | 1,620 | 9.5% |
| 10 HAMILTON AVENUE | 2025-10 | $610,000 | 1,608 | 18.1% |
| 42 GRANT AVE | 2025-08 | $625,000 | 1,732 | 12.4% |
| 30 JEFFERSON AVE | 2025-12 | $625,000 | 1,945 | 16.7% |
| 19 HAMILTON AVE | 2026-04 | $740,000 | 1,598 | 16.4% |
| 133 HICKORY ST | 2025-03 | $460,000 | 1,667 | 20.1% |
| 52 JOHN ST | 2026-04 | $450,000 | 1,776 | 16.4% |
Is this your house?
Run your own report →