The Fair Share Report
520 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 $770,534 – $880,844, from 12 comparable Bayonne sales in the past 18 months, at this home's 2,886 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 $835,869 home should be assessed near $556,522.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $131,722 below what the ratio math suggests (23.7%).
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
43%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 |
|---|---|---|---|---|
| 166 W 8TH ST | 2025-02 | $890,000 | 2,916 | 48.8% |
| 94 NEWMAN AVE | 2025-05 | $612,000 | 2,856 | 68.3% |
| 469 AVENUE A | 2025-03 | $710,000 | 2,848 | 53.5% |
| 43 W 29TH ST | 2026-02 | $835,000 | 2,883 | 58.0% |
| 103 JF KENNEDY BLVD | 2025-07 | $999,999 | 2,958 | 46.8% |
| 71 W 54TH ST | 2026-01 | $970,000 | 2,854 | 71.0% |
| 126 W 16TH ST | 2025-03 | $802,500 | 2,970 | 72.3% |
| 95 W 17TH ST | 2026-06 | $790,000 | 2,837 | 74.4% |
| 169 W 9TH ST | 2026-01 | $875,000 | 2,990 | 59.3% |
| 30 NEWARK BAY CT | 2025-06 | $900,000 | 2,904 | 51.6% |
| 158 W 33RD ST | 2026-02 | $859,000 | 2,851 | 56.8% |
| 38 E 35TH ST | 2025-08 | $770,000 | 2,786 | 52.4% |
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