The Fair Share Report

141 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

≈ $523,500

Likely range $459,908 – $633,411, 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 $523,500 home should be assessed near $348,546.

Step 3 · Assessed value

$329,500

Set at the last town-wide revaluation and mostly frozen since. That's $19,046 below what the ratio math suggests (5.5%).

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%

Step 5 · The bill

$9,490/yr
Public schools$3,549
Hudson County$1,671
Town of Bayonne$4,270
Bayonne average$11,591

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

Town median 61.8%
This home · 62.9%

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
13 W 16TH ST2026-03$690,0001,40055.8%
13 E 32ND ST2025-10$375,0001,41080.8%
79 W 24TH ST2025-09$425,0001,37973.8%
179 W 8TH ST2025-07$599,0001,42065.0%
41 E 35TH ST2026-06$650,0001,37249.2%
291 AVENUE C2026-02$468,5001,36867.3%
8 E 33RD ST2025-05$600,0001,36853.9%
48 W 9TH ST2025-09$420,0001,42861.0%
38 E 25TH ST2025-11$480,0001,36068.6%
74 W 14TH ST2025-10$599,0001,43549.9%
11 W 2ND ST2026-04$486,0001,43768.3%
43 W 40TH ST2025-05$485,0001,34564.8%

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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 →