The Fair Share Report
588 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 $438,259 – $735,165, 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 $593,582 home should be assessed near $395,207.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $15,907 below what the ratio math suggests (4.0%).
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%92%
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 |
|---|---|---|---|---|
| 1 SISSON CT | 2025-08 | $495,000 | 1,792 | 81.3% |
| 106 GARRETSON AVE | 2026-02 | $740,000 | 1,729 | 49.6% |
| 10 W 15TH ST | 2025-06 | $620,000 | 1,806 | 54.9% |
| 13 E 27TH ST | 2025-07 | $570,000 | 1,692 | 73.3% |
| 4 O'BRIEN CT | 2025-09 | $530,000 | 1,763 | 65.6% |
| 19 W 39TH ST | 2026-02 | $445,000 | 1,716 | 90.0% |
| 81 W 3RD ST | 2025-09 | $675,000 | 1,680 | 48.3% |
| 14 O'BRIEN CT | 2025-08 | $455,000 | 1,723 | 83.4% |
| 281 AVENUE C | 2026-04 | $500,000 | 1,882 | 67.6% |
| 281 AVENUE C | 2025-12 | $373,500 | 1,882 | 90.5% |
| 374 AVENUE C | 2025-12 | $615,000 | 1,688 | 65.4% |
| 16 E 42ND ST | 2025-07 | $650,000 | 1,682 | 51.1% |
Is this your house?
Run your own report →