The Fair Share Report

656 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

≈ $671,484

Likely range $532,767 – $778,415, 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 $671,484 home should be assessed near $447,074.

Step 3 · Assessed value

$399,500

Set at the last town-wide revaluation and mostly frozen since. That's $47,574 below what the ratio math suggests (10.6%).

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

$11,506/yr
Public schools$4,303
Hudson County$2,025
Town of Bayonne$5,178
Bayonne average$11,591

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

Town median 61.8%
This home · 59.5%

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
178 AVENUE F2026-03$570,0001,91664.9%
748 AVENUE C2025-05$680,0001,90857.8%
128 LORD AVE2026-05$675,0001,92055.7%
26 W 51ST ST2025-09$765,0001,92852.9%
157 PROSPECT AVE2025-12$769,0001,89252.8%
91 W 57TH ST2026-05$565,0001,92965.3%
35 W 11TH ST2026-01$525,0001,93278.3%
180 AVENUE F2026-05$605,0001,88668.2%
12 PROSPECT AVE2025-08$380,0001,94885.7%
245 AVENUE B2025-10$700,0001,96864.1%
79 W 18TH ST2025-09$899,0001,97766.8%
23 W 17TH ST2025-05$685,0001,97755.7%

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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 →