The Fair Share Report
372 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 $622,516 – $766,219, 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 $695,746 home should be assessed near $463,228.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $87,328 below what the ratio math suggests (18.9%).
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
44%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 |
|---|---|---|---|---|
| 13 W 36TH ST | 2025-12 | $630,000 | 1,689 | 62.5% |
| 31 WEST DRIVE | 2025-04 | $725,000 | 1,820 | 65.2% |
| 63 COTTAGE ST | 2026-01 | $705,000 | 1,656 | 57.8% |
| 10 E 10TH ST | 2025-09 | $685,000 | 1,660 | 60.4% |
| 126 W 43RD ST | 2025-09 | $565,000 | 1,620 | 75.6% |
| 78 W 36TH ST | 2025-06 | $850,000 | 1,650 | 61.0% |
| 185 W 3RD ST | 2026-04 | $810,000 | 1,900 | 47.0% |
| 78 NEWMAN AVE | 2025-11 | $705,000 | 1,612 | 54.9% |
| 149 W 30TH ST | 2026-03 | $663,000 | 1,640 | 67.6% |
| 21 PARKSIDE LANE | 2025-11 | $630,250 | 1,667 | 47.6% |
| 733 AVENUE E | 2025-02 | $640,000 | 2,100 | 68.2% |
| 170 W 8TH ST | 2025-07 | $690,000 | 1,512 | 54.9% |
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