The Fair Share Report

856 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

≈ $568,950

Likely range $532,793 – $649,128, 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 $568,950 home should be assessed near $91,487.

Step 3 · Assessed value

$82,700

Set at the last town-wide revaluation and mostly frozen since. That's $8,787 below what the ratio math suggests (9.6%).

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

$8,971/yr
Public schools$4,238
Hudson County$1,586
Town of Kearny$3,148
Kearny average$10,749

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

Town median 15.5%
This home · 14.5%

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
46 W BENNETT AVE2025-06$775,0001,47614.7%
295 ARGYLE PL2025-06$650,0001,60817.8%
131 SANFORD AVE2025-07$555,0001,47211.2%
203 BRIGHTON AVE2025-06$526,0001,53414.6%
102 PLEASANT PL2026-05$687,1021,82613.6%
42 PAVONIA AVE2026-01$695,0001,68517.1%
689 DEVON ST2025-08$500,0001,18614.8%
133 HICKORY ST2025-03$460,0001,66720.1%
53 OAKWOOD AVE2026-04$720,0002,02315.8%
29 STEVENSON PL2025-01$580,0001,26016.4%
202 WINDSOR ST2025-11$570,0001,76014.0%
30 ANN ST2025-06$575,0001,3769.9%

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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 →