The Fair Share Report
557 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 $417,128 – $496,132, 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 $443,474 home should be assessed near $295,265.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $9,635 above 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 |
|---|---|---|---|---|
| 41 W 11TH ST | 2026-03 | $300,000 | 1,260 | 90.5% |
| 442 AVENUE E | 2025-07 | $510,000 | 1,270 | 64.4% |
| 138 LEXINGTON AVE | 2026-01 | $460,000 | 1,273 | 74.8% |
| 120 W 38TH ST | 2025-11 | $715,000 | 1,280 | 61.2% |
| 46 E 34TH ST | 2025-12 | $340,000 | 1,220 | 74.8% |
| 39 WILLOW ST | 2026-04 | $439,000 | 1,306 | 60.2% |
| 100 W 55TH ST | 2025-02 | $510,000 | 1,318 | 62.8% |
| 10 E 11TH ST | 2025-07 | $495,000 | 1,320 | 56.4% |
| 45 E 28TH ST | 2025-09 | $505,000 | 1,188 | 56.3% |
| 103 W 33RD ST | 2025-12 | $435,000 | 1,232 | 63.7% |
| 43 W 40TH ST | 2025-05 | $485,000 | 1,345 | 64.8% |
| 125 W 13TH ST | 2025-09 | $410,000 | 1,168 | 38.9% |
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