The Fair Share Report

688 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

≈ $649,582

Likely range $593,036 – $683,080, from 12 comparable Kearny sales in the past 18 months, at this home's 1,890 sq ft.

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 $649,582 home should be assessed near $104,453.

Step 3 · Assessed value

$86,100

Set at the last town-wide revaluation and mostly frozen since. That's $18,353 below what the ratio math suggests (17.6%).

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

$9,340/yr
Public schools$4,412
Hudson County$1,651
Town of Kearny$3,277
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
211 WILSON AVE2025-09$534,3881,96416.7%
217 BERGEN AVE2025-04$485,0001,92417.6%
138 TAPPAN ST2025-02$502,0001,91117.7%
35 WINDSOR ST2025-12$615,0001,96013.9%
68 QUINCY AVE2026-01$650,0001,84815.2%
102 PLEASANT PL2026-05$687,1021,82613.6%
100 LAUREL AVE2025-10$570,0001,72514.4%
450 DAVIS AVE2025-04$625,0001,95814.1%
117 DAVIS AVE2025-10$735,0002,10412.2%
119 DAVIS AVE2025-08$830,0002,10412.0%
703 SCHUYLER AVE2026-02$825,0002,10413.1%
63 HILLCREST RD2025-03$575,0001,67317.8%

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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 →