The Fair Share Report
2 E Ct
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 $846,720 – $948,704, from 12 comparable Bayonne sales in the past 18 months, at this home's 2,616 sq ft.
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 $913,676 home should be assessed near $608,325.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $6,325 below what the ratio math suggests (1.0%).
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 |
|---|---|---|---|---|
| 13 CENTRE LA | 2025-06 | $970,000 | 2,616 | 52.5% |
| 151 W 18TH ST | 2025-03 | $985,000 | 2,616 | 57.6% |
| 7 COUNTRY VILLAGE CT | 2026-02 | $940,000 | 2,592 | 58.4% |
| 13 COUNTRY VILLAGE CT | 2025-01 | $910,000 | 2,592 | 54.4% |
| 197 AVENUE A | 2025-01 | $750,000 | 2,694 | 50.5% |
| 16 OAK ST | 2025-09 | $940,000 | 2,736 | 57.3% |
| 16 OAK ST | 2025-02 | $750,000 | 2,736 | 71.8% |
| 134 W 25TH ST | 2025-07 | $715,000 | 2,472 | 71.3% |
| 8 COLONIAL DR | 2025-01 | $882,000 | 2,725 | 53.9% |
| 520 AVENUE C | 2025-06 | $930,000 | 2,608 | 49.5% |
| 25 LINDEN ST | 2025-08 | $890,000 | 2,478 | 54.1% |
| 166 W 37TH ST | 2025-10 | $950,000 | 2,720 | 66.9% |
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