The Fair Share Report

442 Ave E

Bayonne, NJ 07110

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

≈ $457,955

Likely range $434,938 – $539,857, from 12 comparable Bayonne sales in the past 18 months, at this home's 1,270 sq ft.

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 $457,955 home should be assessed near $304,906.

Step 3 · Assessed value

$328,400

Set at the last town-wide revaluation and mostly frozen since. That's $23,494 above what the ratio math suggests (7.7%).

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%

This home's own bill implies $2.832 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$9,300/yr
Public schools$3,478
Hudson County$1,637
Town of Bayonne$4,185
Bayonne average$11,591

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

Town median 61.8%
This home · 71.7%

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
120 W 38TH ST2025-11$715,0001,28061.2%
10 E 11TH ST2025-07$495,0001,32056.4%
138 LEXINGTON AVE2026-01$460,0001,27374.8%
41 E 35TH ST2026-06$650,0001,37249.2%
125 W 13TH ST2025-09$410,0001,16838.9%
38 E 25TH ST2025-11$480,0001,36068.6%
100 W 55TH ST2025-02$510,0001,31862.8%
47 W 49TH ST2026-04$320,0001,15681.7%
291 AVENUE C2026-02$468,5001,36867.3%
13 W 16TH ST2026-03$690,0001,40055.8%
79 W 24TH ST2025-09$425,0001,37973.8%
45 E 28TH ST2025-09$505,0001,18856.3%

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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 →