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.
This home's full record →Check another house →
Step 1 · Market value
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
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
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
$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 |
|---|---|---|---|---|
| 128 LORD AVE | 2026-05 | $675,000 | 1,920 | 55.7% |
| 126 W 53RD ST | 2025-01 | $615,000 | 1,919 | 59.1% |
| 596 AVENUE A | 2026-03 | $820,000 | 1,966 | 44.5% |
| 1136 JF KENNEDY BLVD | 2025-04 | $599,000 | 1,977 | 59.1% |
| 29 W 26TH ST | 2025-09 | $795,000 | 1,952 | 59.6% |
| 36 W 27TH ST | 2026-04 | $665,000 | 1,956 | 59.1% |
| 32 W 35TH ST | 2025-06 | $785,000 | 1,964 | 52.1% |
| 281 AVENUE C | 2026-04 | $500,000 | 1,882 | 67.6% |
| 281 AVENUE C | 2025-12 | $373,500 | 1,882 | 90.5% |
| 34 W 50TH ST | 2025-05 | $705,000 | 2,043 | 62.2% |
| 35 W 11TH ST | 2026-01 | $525,000 | 1,932 | 78.3% |
| 119 W 19TH ST | 2025-09 | $589,000 | 1,972 | 61.9% |
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