The Fair Share Report

652 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

≈ $675,482

Likely range $580,372 – $761,714, 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 $675,482 home should be assessed near $449,736.

Step 3 · Assessed value

$404,000

Set at the last town-wide revaluation and mostly frozen since. That's $45,736 below what the ratio math suggests (10.2%).

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

$11,635/yr
Public schools$4,351
Hudson County$2,048
Town of Bayonne$5,236
Bayonne average$11,591

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

Town median 61.8%
This home · 59.8%

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
106 GARRETSON AVE2026-02$740,0001,72949.6%
13 E 27TH ST2025-07$570,0001,69273.3%
1 SISSON CT2025-08$495,0001,79281.3%
81 W 3RD ST2025-09$675,0001,68048.3%
10 W 15TH ST2025-06$620,0001,80654.9%
55 GARRETSON AVE2026-03$599,0001,64256.2%
92-94 LINNET ST2025-10$680,0001,64066.6%
35-37 E 45TH ST2026-03$735,0001,63057.7%
9 E 15TH ST2026-01$620,0001,59852.5%
100 LEXINGTON AVE2026-02$700,0001,89061.0%
10 E 11TH ST2026-05$890,0001,58431.4%
128 LORD AVE2026-05$675,0001,92055.7%

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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 →