The Fair Share Report
151 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 $1,031,736 – $1,179,594, 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 $1,150,117 home should be assessed near $765,748.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $171,148 below what the ratio math suggests (22.4%).
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 |
|---|---|---|---|---|
| 67 W 36TH ST | 2025-03 | $1,100,000 | 3,072 | 63.3% |
| 101-103 TRASK AVE | 2025-04 | $1,175,000 | 3,176 | 61.5% |
| 38 W 20TH ST | 2026-03 | $915,000 | 3,259 | 68.0% |
| 145 W 1ST ST | 2026-05 | $1,175,000 | 2,880 | 58.1% |
| 113-115 TRASK AVE | 2025-02 | $999,000 | 2,896 | 70.1% |
| 9 W 14TH ST | 2025-11 | $950,000 | 2,573 | 62.7% |
| 314 AVENUE B | 2025-06 | $980,000 | 2,628 | 71.2% |
| 39 W 20TH ST | 2025-09 | $961,000 | 2,550 | 65.6% |
| 73 W 21ST ST | 2025-01 | $950,000 | 2,480 | 57.9% |
| 42 ANDREW ST | 2026-05 | $870,000 | 2,570 | 63.5% |
| 28 W 30TH ST | 2026-02 | $1,050,000 | 2,500 | 62.7% |
| 75 W 53RD ST | 2025-06 | $950,000 | 2,458 | 65.0% |
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