The Fair Share Report

663 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

≈ $624,627

Likely range $440,708 – $661,856, 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 $624,627 home should be assessed near $100,440.

Step 3 · Assessed value

$82,900

Set at the last town-wide revaluation and mostly frozen since. That's $17,540 below what the ratio math suggests (17.5%).

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

$8,993/yr
Public schools$4,248
Hudson County$1,589
Town of Kearny$3,155
Kearny average$10,749

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

Town median 15.5%
This home · 13.3%

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
133 HICKORY ST2025-03$460,0001,66720.1%
52 JOHN ST2026-04$450,0001,77616.4%
409 FOREST ST2025-06$620,0001,54816.0%
74 DUKES ST2025-09$600,0001,56413.2%
147-149 HICKORY ST2025-09$535,0001,55220.1%
141 HICKORY ST2025-03$620,0001,55217.7%
111 SEELEY AVE2025-10$480,0001,6209.5%
112 DEVON TERR2025-08$825,0001,91414.6%
60 WILSON AVE2025-09$545,0001,36816.7%
105 WINDSOR ST2025-05$623,0001,44015.9%
30 PEDEN TERR2025-05$582,5001,52119.3%
18 SCHUYLER AVE2026-04$629,0001,83614.3%

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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 →