The Fair Share Report
759 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 $519,604 – $687,401, 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 $528,755 home should be assessed near $85,024.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $76 above what the ratio math suggests (0.1%).
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%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 |
|---|---|---|---|---|
| 242 MIDLAND AVE | 2026-04 | $655,000 | 1,415 | 14.0% |
| 1 PINE ST | 2025-07 | $760,000 | 1,780 | 11.9% |
| 22 TRINITY PL | 2025-02 | $535,000 | 1,542 | 15.3% |
| 46 OAKWOOD AVENUE | 2025-08 | $545,000 | 1,592 | 15.8% |
| 77 PAVONIA AVENUE | 2026-04 | $560,000 | 1,622 | 16.3% |
| 841 SCHUYLER AVE | 2025-06 | $622,000 | 1,700 | 11.6% |
| 466 DEVON ST | 2025-02 | $450,000 | 1,490 | 17.2% |
| 203 BRIGHTON AVE | 2025-06 | $526,000 | 1,534 | 14.6% |
| 480 BELGROVE DR | 2025-04 | $490,000 | 1,422 | 15.2% |
| 423 DEVON ST | 2025-03 | $410,000 | 1,552 | 18.4% |
| 206 SANFORD AVE | 2025-01 | $585,000 | 1,554 | 12.4% |
| 122 CHESTNUT ST | 2025-06 | $360,000 | 1,701 | 20.0% |
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