The Fair Share Report
654 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 $685,549 – $825,600, from 12 comparable Bayonne sales in the past 18 months, at this home's 2,496 sq ft.
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 $727,534 home should be assessed near $484,392.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $40,508 above what the ratio math suggests (8.4%).
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 |
|---|---|---|---|---|
| 17 E 39TH ST | 2026-02 | $685,000 | 2,494 | 57.6% |
| 23 AVENUE C | 2025-05 | $515,000 | 2,495 | 75.1% |
| 85 HOBART AVE | 2026-01 | $715,000 | 2,453 | 65.8% |
| 153 W 9TH ST | 2025-12 | $775,000 | 2,552 | 59.5% |
| 40-42 E 31ST ST | 2025-10 | $680,000 | 2,562 | 77.6% |
| 67 W 41ST ST | 2026-06 | $965,000 | 2,430 | 56.0% |
| 315 AVENUE A | 2025-07 | $660,000 | 2,423 | 57.7% |
| 364 AVENUE A | 2025-05 | $725,000 | 2,566 | 63.9% |
| 367 AVENUE A | 2025-11 | $700,000 | 2,412 | 52.0% |
| 365 AVENUE A | 2025-07 | $710,000 | 2,412 | 62.6% |
| 94 W 9TH ST | 2025-08 | $877,000 | 2,516 | 48.2% |
| 288 AVENUE C | 2026-04 | $860,000 | 2,600 | 50.6% |
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