The Fair Share Report

358 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

≈ $774,538

Likely range $736,557 – $926,103, 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 $774,538 home should be assessed near $515,687.

Step 3 · Assessed value

$470,000

Set at the last town-wide revaluation and mostly frozen since. That's $45,687 below what the ratio math suggests (8.9%).

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%

Step 5 · The bill

$13,536/yr
Public schools$5,062
Hudson County$2,383
Town of Bayonne$6,091
Bayonne average$11,591

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

Town median 61.8%
This home · 60.7%

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
137 JF KENNEDY BLVD2026-01$690,0002,33056.3%
63 PROSPECT AVE2025-07$650,0002,28059.0%
108 LORD AVE2025-10$855,0002,18055.7%
96 W 49TH ST2025-01$825,0002,43664.3%
16 GEORGE ST2026-02$1,000,0002,28045.9%
105 EVERGREEN ST2025-12$770,0002,30065.4%
184 W 17TH ST2025-01$810,0002,40067.0%
35 DODGE ST2025-08$778,0002,35262.1%
22 TRASK AVE2025-01$815,0002,22053.4%
66 W 33RD ST2025-10$840,0002,46756.5%
156 W 21ST ST2026-02$875,0002,13458.6%
157 W 17TH ST2025-03$935,0002,42355.0%

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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 →