The Fair Share Report
357 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 $922,671 – $1,216,201, from 12 comparable Bayonne sales in the past 18 months, at this home's 4,254 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 $1,099,058 home should be assessed near $731,753.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $237,053 below what the ratio math suggests (32.4%).
Step 4 · The tax rate — same for every Bayonne home
$1.077 Schools · 37% $0.507 County · 18% $1.296 Town · 45%
This home's own bill implies $2.338 per $100 — well off the general rate. That usually means the town revalued since the last bill.
Step 5 · The bill
This home vs. every recent Bayonne sale · assessed ÷ market
35%83%
Keep quiet and enjoy it
This home's assessment ratio sits below the Bayonne pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 73 NEWMAN AVE | 2025-11 | $1,225,000 | 4,213 | 52.3% |
| 505-507 JF KENNEDY BLVD | 2025-10 | $850,000 | 4,156 | 83.3% |
| 16 W 10TH ST | 2025-09 | $750,000 | 4,034 | 75.7% |
| 308 AVENUE A | 2025-03 | $935,000 | 3,619 | 63.1% |
| 24 E 51ST ST | 2026-04 | $905,000 | 3,582 | 69.8% |
| 85-87 W 30TH ST | 2025-05 | $825,000 | 3,594 | 66.1% |
| 317 AVENUE A | 2025-01 | $760,000 | 3,504 | 74.7% |
| 50-52 NEWMAN AVE | 2025-01 | $1,180,000 | 4,902 | 54.9% |
| 104-106 BROADWAY | 2026-06 | $950,000 | 3,631 | 65.2% |
| 793 JF KENNEDY BLVD | 2024-12 | $975,000 | 3,421 | 44.1% |
| 82 W 42ND ST | 2025-06 | $848,000 | 3,282 | 57.9% |
| 12-14 W 31ST ST | 2025-08 | $999,000 | 3,247 | 63.6% |
Is this your house?
Run your own report →