The Fair Share Report
602 Devon St
Kearny, NJ 07052
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 $675,572 – $857,994, 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 $764,000 home should be assessed near $122,851.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $4,649 above what the ratio math suggests (3.8%).
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 |
|---|---|---|---|---|
| 32 ANN ST | 2025-10 | $855,000 | 2,456 | 12.3% |
| 117 PARK PL | 2025-08 | $710,000 | 2,338 | 15.9% |
| 108 STEWART AVE | 2025-07 | $555,000 | 2,296 | 18.5% |
| 82 PLEASANT PL | 2026-05 | $630,000 | 2,680 | 23.7% |
| 330 HICKORY ST | 2025-12 | $795,000 | 2,226 | 15.6% |
| 163 LAUREL AVE | 2025-06 | $655,000 | 2,363 | 15.8% |
| 101 LINDEN AVE | 2025-09 | $675,000 | 2,091 | 18.8% |
| 63 E MIDLAND AVE | 2025-08 | $890,000 | 1,960 | 16.4% |
| 438 DEVON ST | 2025-11 | $760,000 | 2,378 | 17.7% |
| 269 SCHUYLER AVE | 2025-09 | $785,000 | 2,484 | 15.7% |
| 14 NEW LAWN AVE | 2025-04 | $900,000 | 2,400 | 17.2% |
| 53 DEVON TERR | 2026-05 | $870,000 | 2,056 | 13.3% |
Is this your house?
Run your own report →