The Fair Share Report

592 Devon St

Kearny, NJ 07109

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

≈ $615,941

Likely range $508,319 – $712,876, 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 $615,941 home should be assessed near $99,043.

Step 3 · Assessed value

$93,300

Set at the last town-wide revaluation and mostly frozen since. That's $5,743 below what the ratio math suggests (5.8%).

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

$10,121/yr
Public schools$4,781
Hudson County$1,789
Town of Kearny$3,551
Kearny average$10,749

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

Town median 15.5%
This home · 15.1%

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
317 DAVIS AVE2026-01$565,0002,08016.3%
4 TAPPAN ST2025-06$700,0002,15414.9%
450 DAVIS AVE2025-04$625,0001,95814.1%
138 TAPPAN ST2025-02$502,0001,91117.7%
68 QUINCY AVE2026-01$650,0001,84815.2%
8 LINCOLN AVE2025-11$560,0001,85411.4%
250 MAPLE ST2025-11$760,0002,07211.2%
145 HOYT ST2025-06$825,0001,95220.5%
688 DEVON ST2025-01$569,0001,89015.1%
211 WILSON AVE2025-09$534,3881,96416.7%
42 PAVONIA AVE2026-01$695,0001,68517.1%
859 DEVON ST2026-05$382,0002,03516.8%

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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 →