The Fair Share Report
698 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 $477,750 – $612,674, from 12 comparable Kearny sales in the past 18 months (home size estimated from assessor data — range widened).
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 $568,750 home should be assessed near $91,455.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $1,145 above what the ratio math suggests (1.3%).
Step 4 · The tax rate — same for every Kearny home
$5.124 Schools · 47% $1.917 County · 18% $3.806 Town · 35%
Step 5 · The bill
This home vs. every recent Kearny sale · assessed ÷ market
7%25%
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 |
|---|---|---|---|---|
| 30 ANN ST | 2025-06 | $575,000 | 1,376 | 9.9% |
| 17 S MIDLAND AVE | 2026-02 | $460,000 | 1,432 | 21.8% |
| 242 MIDLAND AVE | 2026-04 | $655,000 | 1,415 | 14.0% |
| 20 S MIDLAND AVE | 2026-04 | $499,900 | 1,368 | 16.3% |
| 30 PEDEN TERR | 2025-05 | $582,500 | 1,521 | 19.3% |
| 157 STUYVESANT AVE | 2025-05 | $555,000 | 1,332 | 16.0% |
| 480 BELGROVE DR | 2025-04 | $490,000 | 1,422 | 15.2% |
| 131 SANFORD AVE | 2025-07 | $555,000 | 1,472 | 11.2% |
| 105 WINDSOR ST | 2025-05 | $623,000 | 1,440 | 15.9% |
| 46 W BENNETT AVE | 2025-06 | $775,000 | 1,476 | 14.7% |
| 97-101 IVY ST | 2025-06 | $635,000 | 1,232 | 8.6% |
| 147-149 HICKORY ST | 2025-09 | $535,000 | 1,552 | 20.1% |
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