The Fair Share Report
588 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 $516,132 – $656,463, 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 $549,521 home should be assessed near $88,363.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $19,963 below what the ratio math suggests (22.6%).
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
5%24%
Keep quiet and enjoy it
This home's assessment ratio sits below the Kearny pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 203 BRIGHTON AVE | 2025-06 | $526,000 | 1,534 | 14.6% |
| 202 WINDSOR ST | 2025-11 | $570,000 | 1,760 | 14.0% |
| 42 PAVONIA AVE | 2026-01 | $695,000 | 1,685 | 17.1% |
| 680 1/2 CHESTNUT ST | 2026-06 | $260,000 | 1,264 | 18.3% |
| 46 W BENNETT AVE | 2025-06 | $775,000 | 1,476 | 14.7% |
| 131 SANFORD AVE | 2025-07 | $555,000 | 1,472 | 11.2% |
| 295 ARGYLE PL | 2025-06 | $650,000 | 1,608 | 17.8% |
| 53 OAKWOOD AVE | 2026-04 | $720,000 | 2,023 | 15.8% |
| 43 JOHN ST | 2025-03 | $380,000 | 1,120 | 7.8% |
| 102 PLEASANT PL | 2026-05 | $687,102 | 1,826 | 13.6% |
| 689 DEVON ST | 2025-08 | $500,000 | 1,186 | 14.8% |
| 243 BELGROVE DR | 2025-01 | $680,000 | 1,662 | 16.5% |
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