The Fair Share Report

635 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

≈ $723,060

Likely range $650,416 – $822,455, from 12 comparable Bayonne sales in the past 18 months, at this home's 2,180 sq ft.

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 $723,060 home should be assessed near $481,413.

Step 3 · Assessed value

$412,400

Set at the last town-wide revaluation and mostly frozen since. That's $69,013 below what the ratio math suggests (14.3%).

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

$11,877/yr
Public schools$4,442
Hudson County$2,091
Town of Bayonne$5,345
Bayonne average$11,591

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

Town median 61.8%
This home · 57.0%

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
1043 BROADWAY2025-07$659,0002,16569.9%
20 W 48TH ST2025-01$630,0002,20063.5%
124 W 20TH ST2025-08$675,0002,15454.3%
123 W 6TH ST2025-10$735,0002,21654.2%
124 W 22ND ST2025-08$830,0002,20042.8%
75 W 18TH ST2025-09$650,0002,22064.9%
267 AVENUE B2025-05$725,0002,13653.7%
63 W 4TH ST2025-11$950,0002,24749.0%
93 W 11TH ST2025-09$810,0002,09655.9%
79 W 52ND ST2025-07$755,0002,08860.8%
17 W 42ND ST2025-10$720,0002,28052.7%
104 W 16TH ST2026-05$915,0002,26450.5%

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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 →