The Fair Share Report
435 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 $339,373 – $600,352, from 12 comparable Bayonne sales in the past 18 months, at this home's 1,100 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 $467,593 home should be assessed near $311,323.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $113,377 above what the ratio math suggests (36.4%).
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%131%
A touch high — worth watching
This home's ratio sits above most of Bayonne, but doesn't clear NJ's legal appeal line (76.57%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 48A E 40TH ST | 2026-01 | $515,000 | 1,080 | 48.7% |
| 59-63 W 30TH ST | 2025-07 | $390,000 | 1,110 | 72.6% |
| 99 W 21ST ST | 2026-05 | $695,000 | 1,071 | 61.7% |
| 14 E 52ND ST | 2026-05 | $715,000 | 1,152 | 42.1% |
| 76 W 54TH ST | 2026-05 | $550,000 | 1,152 | 54.5% |
| 14 E 52ND ST | 2025-08 | $350,000 | 1,152 | 86.1% |
| 47 W 49TH ST | 2026-04 | $320,000 | 1,156 | 81.7% |
| 125 W 13TH ST | 2025-09 | $410,000 | 1,168 | 38.9% |
| 858 JF KENNEDY BLVD | 2025-03 | $620,000 | 1,136 | 52.3% |
| 173-175 W 30TH ST | 2025-02 | $315,000 | 1,021 | 69.5% |
| 45 E 28TH ST | 2025-09 | $505,000 | 1,188 | 56.3% |
| 118 W 49TH ST | 2025-06 | $415,000 | 992 | 55.9% |
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