The Fair Share Report

567 Ave E

Bayonne, NJ 07751

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

≈ $596,660

Likely range $483,723 – $678,657, from 12 comparable Bayonne sales in the past 18 months (home size estimated from assessor data — range widened).

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 $596,660 home should be assessed near $397,256.

Step 3 · Assessed value

$400,000

Set at the last town-wide revaluation and mostly frozen since. That's $2,744 above what the ratio math suggests (0.7%).

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%

Step 5 · The bill

$11,520/yr
Public schools$4,308
Hudson County$2,028
Town of Bayonne$5,184
Bayonne average$11,591

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

Town median 61.8%
This home · 67.0%

45%88%

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
180 AVENUE F2026-05$605,0001,88668.2%
157 PROSPECT AVE2025-12$769,0001,89252.8%
748 AVENUE C2025-05$680,0001,90857.8%
178 AVENUE F2026-03$570,0001,91664.9%
26 W 51ST ST2025-09$765,0001,92852.9%
91 W 57TH ST2026-05$565,0001,92965.3%
10 W 15TH ST2025-06$620,0001,80654.9%
35 W 11TH ST2026-01$525,0001,93278.3%
128 LORD AVE2026-05$675,0001,92055.7%
281 AVENUE C2026-04$500,0001,88267.6%
281 AVENUE C2025-12$373,5001,88290.5%
12 PROSPECT AVE2025-08$380,0001,94885.7%

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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 →