The Fair Share Report
689 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 $402,393 – $586,173, from 12 comparable Kearny sales in the past 18 months, at this home's 1,186 sq ft.
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 $460,473 home should be assessed near $74,044.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $244 below what the ratio math suggests (0.3%).
Step 4 · The tax rate — same for every Kearny home
$5.124 Schools · 47% $1.917 County · 18% $3.806 Town · 35%
This home's own bill implies $11.436 per $100 — well off the general rate. That usually means the town revalued since the last bill.
Step 5 · The bill
This home vs. every recent Kearny sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 43 JOHN ST | 2025-03 | $380,000 | 1,120 | 7.8% |
| 46 W BENNETT AVE | 2025-06 | $775,000 | 1,476 | 14.7% |
| 131 SANFORD AVE | 2025-07 | $555,000 | 1,472 | 11.2% |
| 680 1/2 CHESTNUT ST | 2026-06 | $260,000 | 1,264 | 18.3% |
| 295 ARGYLE PL | 2025-06 | $650,000 | 1,608 | 17.8% |
| 203 BRIGHTON AVE | 2025-06 | $526,000 | 1,534 | 14.6% |
| 405 ELM ST | 2026-02 | $400,000 | 1,184 | 14.3% |
| 13 MAGNOLIA AVE | 2025-08 | $601,000 | 1,216 | 14.5% |
| 10 RIVERVIEW CT | 2026-04 | $570,000 | 1,014 | 17.5% |
| 29 STEVENSON PL | 2025-01 | $580,000 | 1,260 | 16.4% |
| 102 PLEASANT PL | 2026-05 | $687,102 | 1,826 | 13.6% |
| 20 S MIDLAND AVE | 2026-01 | $410,000 | 1,056 | 16.3% |
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