The Fair Share Report
461 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 $814,358 – $943,853, 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 $880,860 home should be assessed near $586,477.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $19,077 below what the ratio math suggests (3.3%).
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 |
|---|---|---|---|---|
| 129-131 LEXINGTON AVE | 2025-12 | $950,000 | 2,552 | 59.0% |
| 96 W 49TH ST | 2025-01 | $825,000 | 2,436 | 64.3% |
| 819 AVENUE A | 2026-04 | $900,000 | 2,376 | 62.9% |
| 25 LINDEN ST | 2025-08 | $890,000 | 2,478 | 54.1% |
| 13 CENTRE LA | 2025-06 | $970,000 | 2,616 | 52.5% |
| 7 COUNTRY VILLAGE CT | 2026-02 | $940,000 | 2,592 | 58.4% |
| 13 COUNTRY VILLAGE CT | 2025-01 | $910,000 | 2,592 | 54.4% |
| 151 W 18TH ST | 2025-03 | $985,000 | 2,616 | 57.6% |
| 184 W 17TH ST | 2025-01 | $810,000 | 2,400 | 67.0% |
| 39 W 33RD ST | 2025-05 | $623,500 | 2,300 | 87.8% |
| 98 NORTH ST | 2025-01 | $810,000 | 2,457 | 61.1% |
| 137 JF KENNEDY BLVD | 2026-01 | $690,000 | 2,330 | 56.3% |
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