The Fair Share Report

137 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.

Step 1 · Market value

≈ $969,186

Likely range $886,543 – $1,012,899, from 12 comparable Bayonne sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

66.58%

The state's official measure of how far Bayonne assessments sit below market value — republished every October, applied town-wide. A $969,186 home should be assessed near $645,284.

Step 3 · Assessed value

$521,700

Set at the last town-wide revaluation and mostly frozen since. That's $123,584 below what the ratio math suggests (19.2%).

Step 4 · The tax rate — same for every Bayonne home

$2.880 per $100 assessed

$1.077 Schools · 37% $0.507 County · 18% $1.296 Town · 45%

This home's own bill implies $2.832 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$14,775/yr
Public schools$5,525
Hudson County$2,601
Town of Bayonne$6,649
Bayonne average$11,591

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

Town median 61.8%
This home · 53.8%

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)

AddressSoldPriceSq ftRatio
75 W 53RD ST2025-06$950,0002,45865.0%
42 ANDREW ST2026-05$870,0002,57063.5%
28 W 30TH ST2026-02$1,050,0002,50062.7%
9 W 14TH ST2025-11$950,0002,57362.7%
314 AVENUE B2025-06$980,0002,62871.2%
110 HUMPHREYS AVE2026-05$875,0002,52053.8%
39 W 20TH ST2025-09$961,0002,55065.6%
63 EVERGREEN ST2025-04$920,0002,44060.3%
73 W 21ST ST2025-01$950,0002,48057.9%
145 W 1ST ST2026-05$1,175,0002,88058.1%
18 COTTAGE ST2025-12$880,0002,42057.0%
27 SILVER ST2025-06$860,0002,42058.5%

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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 →