The Fair Share Report

758 Devon St

Kearny, NJ 07057

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

≈ $802,697

Likely range $761,905 – $968,842, 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 $802,697 home should be assessed near $129,074.

Step 3 · Assessed value

$133,100

Set at the last town-wide revaluation and mostly frozen since. That's $4,026 above what the ratio math suggests (3.1%).

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

$14,439/yr
Public schools$6,821
Hudson County$2,552
Town of Kearny$5,066
Kearny average$10,749

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

Town median 15.5%
This home · 16.6%

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
475 ELM ST2025-09$350,00011.0%
117 PARK PL2025-08$710,0002,33815.9%
511 DAVIS AVE2026-03$850,0002,41416.4%
269 SCHUYLER AVE2025-09$785,0002,48415.7%
82 PLEASANT PL2026-05$630,0002,68023.7%
291 LAUREL AVE2025-08$800,0002,18416.7%
83 BERGEN AVE2026-01$938,8882,11213.6%
305 STEWART AVE2025-11$730,0002,11218.2%
14 NEW LAWN AVE2025-04$900,0002,40017.2%
4 W BENNETT AVE2025-03$653,0002,68217.8%
101 LINDEN AVE2025-09$675,0002,09118.8%
133 RUTHERFORD PL2025-12$815,0002,58215.0%

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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 →