The Fair Share Report
341 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 $733,649 – $918,760, 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 $762,661 home should be assessed near $507,780.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $37,920 above what the ratio math suggests (7.5%).
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 |
|---|---|---|---|---|
| 490 JF KENNEDY BLVD | 2025-11 | $755,000 | 2,693 | 58.9% |
| 115-117 W 3RD ST | 2025-07 | $740,000 | 2,693 | 69.5% |
| 366-368 AVENUE C | 2025-05 | $895,000 | 2,721 | 58.4% |
| 766 AVENUE A | 2025-02 | $999,000 | 2,671 | 58.8% |
| 83 W 14TH ST | 2025-06 | $875,000 | 2,720 | 51.4% |
| 26 E 28TH ST | 2025-11 | $760,000 | 2,658 | 57.5% |
| 66 W 15TH ST | 2025-05 | $725,000 | 2,650 | 64.2% |
| 82 W 13TH ST | 2025-01 | $665,000 | 2,754 | 59.8% |
| 76 W 6TH ST | 2025-02 | $699,000 | 2,758 | 55.7% |
| 72 W 56TH ST | 2025-02 | $850,000 | 2,769 | 61.9% |
| 92 E 25TH ST | 2025-08 | $770,000 | 2,728 | 53.1% |
| 38 E 35TH ST | 2025-08 | $770,000 | 2,786 | 52.4% |
Is this your house?
Run your own report →