The Fair Share Report

635 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.

Step 1 · Market value

≈ $710,007

Likely range $599,831 – $856,314, 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 $710,007 home should be assessed near $114,169.

Step 3 · Assessed value

$108,000

Set at the last town-wide revaluation and mostly frozen since. That's $6,169 below what the ratio math suggests (5.4%).

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

$11,716/yr
Public schools$5,534
Hudson County$2,071
Town of Kearny$4,111
Kearny average$10,749

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

Town median 15.5%
This home · 15.2%

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
129 TAPPAN ST2026-01$590,0001,77219.5%
130A BRIGHTON AVE2026-06$853,0001,86015.8%
243 BELGROVE DR2025-01$680,0001,66216.5%
347 FOREST ST2025-08$830,0002,13415.5%
63 E MIDLAND AVE2025-08$890,0001,96016.4%
112 DEVON TERR2025-08$825,0001,91414.6%
32 ANN ST2025-10$855,0002,45612.3%
191 KEARNY AVE2025-07$980,0002,68613.6%
30 JEFFERSON AVE2025-12$625,0001,94516.7%
145 HOYT ST2025-06$825,0001,95220.5%
450 DAVIS AVE2025-04$625,0001,95814.1%
35 WINDSOR ST2025-12$615,0001,96013.9%

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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 →