The Fair Share Report

815 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

≈ $891,509

Likely range $820,765 – $1,207,965, from 12 comparable Kearny sales in the past 18 months, at this home's 3,600 sq ft.

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 $891,509 home should be assessed near $143,355.

Step 3 · Assessed value

$131,200

Set at the last town-wide revaluation and mostly frozen since. That's $12,155 below what the ratio math suggests (8.5%).

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

$14,233/yr
Public schools$6,723
Hudson County$2,515
Town of Kearny$4,994
Kearny average$10,749

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

Town median 15.5%
This home · 14.7%

5%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
179-181 DEVON ST2026-06$900,0003,62617.0%
206 HIGHLAND AVE2026-05$875,0002,54814.8%
109 S MIDLAND AVE2025-12$945,0002,40616.1%
28 RUTLAND AVE2025-02$875,0003,74214.0%
61 MAPLE ST2025-09$735,0003,10212.8%
164 WILSON AVE2025-08$770,0003,57613.0%
215 SEELEY AVE2025-07$1,050,0004,24013.2%
616 CHESTNUT ST2025-10$700,0003,15015.3%
112 HOYT ST2025-11$670,0003,10814.7%
124 MAPLE ST2025-02$600,0002,83216.0%
614-616 ELM ST2025-11$650,0002,85115.8%
16 HILLSIDE AVE2025-08$910,0002,71213.4%

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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 →