The Fair Share Report

770 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

≈ $645,102

Likely range $449,357 – $727,648, 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 $645,102 home should be assessed near $103,732.

Step 3 · Assessed value

$95,500

Set at the last town-wide revaluation and mostly frozen since. That's $8,232 below what the ratio math suggests (7.9%).

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

$10,360/yr
Public schools$4,894
Hudson County$1,831
Town of Kearny$3,635
Kearny average$10,749

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

Town median 15.5%
This home · 14.8%

7%27%

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
112 DEVON TERR2025-08$825,0001,91414.6%
133 HICKORY ST2025-03$460,0001,66720.1%
52 JOHN ST2026-04$450,0001,77616.4%
419 ELM ST2025-12$650,0001,80013.7%
138 TAPPAN ST2025-02$502,0001,91117.7%
859 DEVON ST2026-05$382,0002,03516.8%
217 BERGEN AVE2025-04$485,0001,92417.6%
102 PLEASANT PL2026-05$687,1021,82613.6%
35 WINDSOR ST2025-12$615,0001,96013.9%
42 GRANT AVE2025-08$625,0001,73212.4%
83 BERGEN AVE2026-01$938,8882,11213.6%
409 FOREST ST2025-06$620,0001,54816.0%

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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 →