The Fair Share Report
337 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 $746,947 – $896,497, from 12 comparable Bayonne sales in the past 18 months, at this home's 2,226 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 $828,010 home should be assessed near $551,289.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $120,289 below what the ratio math suggests (21.8%).
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
43%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 |
|---|---|---|---|---|
| 63 W 4TH ST | 2025-11 | $950,000 | 2,247 | 49.0% |
| 104 W 16TH ST | 2026-05 | $915,000 | 2,264 | 50.5% |
| 35 E 41ST ST | 2026-05 | $550,000 | 2,128 | 72.0% |
| 54 W 6TH ST | 2026-06 | $854,000 | 2,262 | 50.7% |
| 33 W 16TH ST | 2026-06 | $860,000 | 2,312 | 56.0% |
| 44 W 16TH ST | 2025-10 | $815,000 | 2,318 | 56.1% |
| 118 W 15TH ST | 2025-10 | $888,000 | 2,309 | 42.7% |
| 21-23 AVENUE B | 2025-06 | $755,000 | 2,250 | 67.3% |
| 181 AVENUE C | 2025-09 | $805,000 | 2,232 | 52.1% |
| 176 AVENUE B | 2026-02 | $867,500 | 2,154 | 46.9% |
| 51 W 48TH ST | 2025-12 | $853,000 | 2,350 | 65.3% |
| 51 W 48TH ST | 2025-07 | $570,000 | 2,350 | 97.8% |
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