The Fair Share Report
609 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 $546,139 – $720,127, 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 $649,227 home should be assessed near $432,255.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $54,455 below what the ratio math suggests (12.6%).
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 |
|---|---|---|---|---|
| 81 W 3RD ST | 2025-09 | $675,000 | 1,680 | 48.3% |
| 13 E 27TH ST | 2025-07 | $570,000 | 1,692 | 73.3% |
| 55 GARRETSON AVE | 2026-03 | $599,000 | 1,642 | 56.2% |
| 20 E 39TH ST | 2025-05 | $625,000 | 1,628 | 54.6% |
| 14 O'BRIEN CT | 2025-08 | $455,000 | 1,723 | 83.4% |
| 106 GARRETSON AVE | 2026-02 | $740,000 | 1,729 | 49.6% |
| 83 W 38TH ST | 2025-11 | $725,000 | 1,724 | 63.8% |
| 204 AVENUE E | 2026-03 | $740,000 | 1,680 | 55.2% |
| 16 E 42ND ST | 2025-07 | $650,000 | 1,682 | 51.1% |
| 9 E 15TH ST | 2026-01 | $620,000 | 1,598 | 52.5% |
| 16 W 51ST ST | 2025-09 | $545,000 | 1,652 | 63.0% |
| 374 AVENUE C | 2025-12 | $615,000 | 1,688 | 65.4% |
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