The Fair Share Report

659 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

≈ $793,317

Likely range $755,581 – $898,304, 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 $793,317 home should be assessed near $127,565.

Step 3 · Assessed value

$125,000

Set at the last town-wide revaluation and mostly frozen since. That's $2,565 below what the ratio math suggests (2.0%).

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

$13,560/yr
Public schools$6,406
Hudson County$2,396
Town of Kearny$4,758
Kearny average$10,749

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

Town median 15.5%
This home · 15.8%

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
109 S MIDLAND AVE2025-12$945,0002,40616.1%
206 HIGHLAND AVE2026-05$875,0002,54814.8%
53 OAKWOOD AVE2026-04$720,0002,02315.8%
102 PLEASANT PL2026-05$687,1021,82613.6%
42 PAVONIA AVE2026-01$695,0001,68517.1%
295 ARGYLE PL2025-06$650,0001,60817.8%
117 PARK PL2025-08$710,0002,33815.9%
203 BRIGHTON AVE2025-06$526,0001,53414.6%
98 PARK PL2024-12$630,0002,49021.5%
32 ANN ST2025-10$855,0002,45612.3%
703 SCHUYLER AVE2026-02$825,0002,10413.1%
438 DEVON ST2025-11$760,0002,37817.7%

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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 →