The Fair Share Report
360 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 $570,508 – $701,100, 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 $673,074 home should be assessed near $448,133.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $86,933 below what the ratio math suggests (19.4%).
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 |
|---|---|---|---|---|
| 364 AVENUE E | 2026-06 | $650,000 | 1,450 | 61.5% |
| 46 BROADWAY | 2025-06 | $660,000 | 1,460 | 59.2% |
| 170 W 8TH ST | 2025-07 | $690,000 | 1,512 | 54.9% |
| 51 E 14TH ST | 2025-07 | $710,000 | 1,531 | 48.4% |
| 78 W 36TH ST | 2025-06 | $850,000 | 1,650 | 61.0% |
| 126 W 43RD ST | 2025-09 | $565,000 | 1,620 | 75.6% |
| 12 KELLY PARKWAY | 2026-03 | $585,000 | 1,536 | 62.8% |
| 78 NEWMAN AVE | 2025-11 | $705,000 | 1,612 | 54.9% |
| 28 W 22ND ST | 2025-06 | $535,000 | 1,395 | 74.8% |
| 13 W 36TH ST | 2025-12 | $630,000 | 1,689 | 62.5% |
| 9 LORD AVE | 2025-01 | $595,000 | 1,478 | 60.5% |
| 145 W 29TH ST | 2025-12 | $560,000 | 1,280 | 48.2% |
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