The Fair Share Report

607 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.

Step 1 · Market value

≈ $619,807

Likely range $553,769 – $802,503, 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 $619,807 home should be assessed near $412,668.

Step 3 · Assessed value

$417,500

Set at the last town-wide revaluation and mostly frozen since. That's $4,832 above what the ratio math suggests (1.2%).

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

$12,024/yr
Public schools$4,496
Hudson County$2,117
Town of Bayonne$5,411
Bayonne average$11,591

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

Town median 61.8%
This home · 67.4%

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)

AddressSoldPriceSq ftRatio
128 LORD AVE2026-05$675,0001,92055.7%
126 W 53RD ST2025-01$615,0001,91959.1%
596 AVENUE A2026-03$820,0001,96644.5%
1136 JF KENNEDY BLVD2025-04$599,0001,97759.1%
29 W 26TH ST2025-09$795,0001,95259.6%
36 W 27TH ST2026-04$665,0001,95659.1%
32 W 35TH ST2025-06$785,0001,96452.1%
281 AVENUE C2026-04$500,0001,88267.6%
281 AVENUE C2025-12$373,5001,88290.5%
34 W 50TH ST2025-05$705,0002,04362.2%
35 W 11TH ST2026-01$525,0001,93278.3%
119 W 19TH ST2025-09$589,0001,97261.9%

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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 →