The Fair Share Report
617 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 $610,210 – $858,532, 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 $819,712 home should be assessed near $131,810.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $6,210 below what the ratio math suggests (4.7%).
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%26%
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 |
|---|---|---|---|---|
| 117 PARK PL | 2025-08 | $710,000 | 2,338 | 15.9% |
| 475 ELM ST | 2025-09 | $350,000 | — | 11.0% |
| 98 PARK PL | 2024-12 | $630,000 | 2,490 | 21.5% |
| 109 S MIDLAND AVE | 2025-12 | $945,000 | 2,406 | 16.1% |
| 32 ANN ST | 2025-10 | $855,000 | 2,456 | 12.3% |
| 206 HIGHLAND AVE | 2026-05 | $875,000 | 2,548 | 14.8% |
| 53 OAKWOOD AVE | 2026-04 | $720,000 | 2,023 | 15.8% |
| 511 DAVIS AVE | 2026-03 | $850,000 | 2,414 | 16.4% |
| 14 NEW LAWN AVE | 2025-04 | $900,000 | 2,400 | 17.2% |
| 179-181 DEVON ST | 2026-06 | $900,000 | 3,626 | 17.0% |
| 82 PLEASANT PL | 2026-05 | $630,000 | 2,680 | 23.7% |
| 269 SCHUYLER AVE | 2025-09 | $785,000 | 2,484 | 15.7% |
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