The Fair Share Report

285 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

≈ $873,154

Likely range $824,860 – $940,300, 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 $873,154 home should be assessed near $581,346.

Step 3 · Assessed value

$506,800

Set at the last town-wide revaluation and mostly frozen since. That's $74,546 below what the ratio math suggests (12.8%).

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 $2.831 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$14,346/yr
Public schools$5,365
Hudson County$2,525
Town of Bayonne$6,456
Bayonne average$11,591

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

Town median 61.8%
This home · 58.0%

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
134 NORTH ST2025-04$860,0002,48961.0%
293 AVENUE C2025-11$865,0002,44058.5%
25 LINDEN ST2025-08$890,0002,47854.1%
66 W 33RD ST2025-10$840,0002,46756.5%
157 W 17TH ST2025-03$935,0002,42355.0%
184 W 17TH ST2025-01$810,0002,40067.0%
175 W 51ST ST2025-09$670,0002,45771.8%
13 SILVER ST2025-09$925,0002,40059.3%
37 W 12TH ST2025-07$875,0002,39457.2%
7 COUNTRY VILLAGE CT2026-02$940,0002,59258.4%
13 COUNTRY VILLAGE CT2025-01$910,0002,59254.4%
96 W 49TH ST2025-01$825,0002,43664.3%

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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 →