The Fair Share Report
593 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 $332,569 – $581,317, 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 $448,669 home should be assessed near $298,724.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $98,924 below what the ratio math suggests (33.1%).
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
29%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 |
|---|---|---|---|---|
| 98 W 27TH ST | 2025-12 | $450,000 | 1,014 | 65.4% |
| 15 SISSON CT | 2025-05 | $425,000 | 956 | 52.7% |
| 53 COTTAGE ST | 2026-02 | $600,000 | 988 | 53.5% |
| 59-63 W 30TH ST | 2025-07 | $345,000 | 950 | 77.4% |
| 59-63 W 30TH ST | 2025-06 | $267,000 | 950 | 100.0% |
| 59-63 W 30TH ST | 2025-07 | $390,000 | 1,110 | 72.6% |
| 99 W 21ST ST | 2026-05 | $695,000 | 1,071 | 61.7% |
| 47 W 49TH ST | 2026-04 | $320,000 | 1,156 | 81.7% |
| 125 W 13TH ST | 2025-09 | $410,000 | 1,168 | 38.9% |
| 32 W 19TH ST | 2026-04 | $240,000 | 843 | 85.3% |
| 15 W 16TH ST | 2025-05 | $475,000 | 864 | 55.9% |
| 858 JF KENNEDY BLVD | 2025-03 | $620,000 | 1,136 | 52.3% |
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