The Fair Share Report
289 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 $765,804 – $908,932, 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 $822,459 home should be assessed near $547,593.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $64,393 below what the ratio math suggests (11.8%).
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 |
|---|---|---|---|---|
| 137 JF KENNEDY BLVD | 2026-01 | $690,000 | 2,330 | 56.3% |
| 42 W 52ND ST | 2025-04 | $880,000 | 2,288 | 53.5% |
| 293 AVENUE C | 2025-11 | $865,000 | 2,440 | 58.5% |
| 184 W 17TH ST | 2025-01 | $810,000 | 2,400 | 67.0% |
| 13 SILVER ST | 2025-09 | $925,000 | 2,400 | 59.3% |
| 134 NORTH ST | 2025-04 | $860,000 | 2,489 | 61.0% |
| 157 W 17TH ST | 2025-03 | $935,000 | 2,423 | 55.0% |
| 156 W 22ND ST | 2026-03 | $765,000 | 2,352 | 59.6% |
| 37 W 12TH ST | 2025-07 | $875,000 | 2,394 | 57.2% |
| 261 AVENUE C | 2026-01 | $855,000 | 2,280 | 58.9% |
| 147 W 52ND ST | 2026-01 | $856,000 | 2,376 | 58.8% |
| 66 W 33RD ST | 2025-10 | $840,000 | 2,467 | 56.5% |
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