The Fair Share Report
460 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 $638,482 – $773,803, from 12 comparable Bayonne sales in the past 18 months, at this home's 2,140 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 $670,613 home should be assessed near $446,494.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $93,994 below what the ratio math suggests (21.1%).
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
40%83%
Keep quiet and enjoy it
This home's assessment ratio sits below the Bayonne pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 124 W 20TH ST | 2025-08 | $675,000 | 2,154 | 54.3% |
| 267 AVENUE B | 2025-05 | $725,000 | 2,136 | 53.7% |
| 1043 BROADWAY | 2025-07 | $659,000 | 2,165 | 69.9% |
| 93 W 11TH ST | 2025-09 | $810,000 | 2,096 | 55.9% |
| 79 W 52ND ST | 2025-07 | $755,000 | 2,088 | 60.8% |
| 20 W 48TH ST | 2025-01 | $630,000 | 2,200 | 63.5% |
| 70 W 51ST ST | 2026-05 | $530,000 | 2,077 | 67.3% |
| 11 MEADOW ST | 2026-05 | $617,000 | 2,068 | 59.6% |
| 123 W 6TH ST | 2025-10 | $735,000 | 2,216 | 54.2% |
| 124 W 22ND ST | 2025-08 | $830,000 | 2,200 | 42.8% |
| 75 W 18TH ST | 2025-09 | $650,000 | 2,220 | 64.9% |
| 34 W 50TH ST | 2025-05 | $705,000 | 2,043 | 62.2% |
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