The Fair Share Report
124 Ave E
Bayonne, NJ 07002
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 $566,620 – $661,800, from 12 comparable Bayonne 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 Bayonne assessments sit below market value — republished every October, applied town-wide. A $609,810 home should be assessed near $406,011.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $52,611 below what the ratio math suggests (13.0%).
Step 4 · The tax rate — same for every Bayonne home
$1.077 Schools · 37% $0.507 County · 18% $1.296 Town · 45%
Step 5 · The bill
This home vs. every recent Bayonne sale · assessed ÷ market
45%83%
Paying about right
This home's ratio lands inside Bayonne'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 |
|---|---|---|---|---|
| 10 E 11TH ST | 2026-05 | $890,000 | 1,584 | 31.4% |
| 26 E 45TH ST | 2025-03 | $725,000 | 1,584 | 51.2% |
| 9 E 15TH ST | 2026-01 | $620,000 | 1,598 | 52.5% |
| 94 W 43RD ST | 2026-04 | $479,000 | 1,612 | 73.8% |
| 59 HUMPHREYS AVE | 2026-02 | $580,000 | 1,612 | 61.6% |
| 666 AVENUE E | 2026-06 | $615,000 | 1,544 | 53.4% |
| 72 W 22ND ST | 2026-05 | $600,000 | 1,600 | 64.7% |
| 55 GARRETSON AVE | 2026-03 | $599,000 | 1,642 | 56.2% |
| 46 E 28TH ST | 2026-04 | $620,000 | 1,501 | 54.9% |
| 16 W 51ST ST | 2025-09 | $545,000 | 1,652 | 63.0% |
| 204 AVENUE E | 2026-03 | $740,000 | 1,680 | 55.2% |
| 16 E 42ND ST | 2025-07 | $650,000 | 1,682 | 51.1% |
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