The Fair Share Report
656A 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 $685,510 – $811,329, 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 $725,601 home should be assessed near $483,105.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $7,795 above what the ratio math suggests (1.6%).
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 |
|---|---|---|---|---|
| 86 W 45TH ST | 2025-03 | $767,500 | 2,466 | 64.3% |
| 85 HOBART AVE | 2026-01 | $715,000 | 2,453 | 65.8% |
| 130 W 52ND ST | 2025-09 | $750,000 | 2,439 | 49.5% |
| 130 W 52ND ST | 2025-07 | $540,000 | 2,439 | 68.8% |
| 81 W 55TH ST | 2025-11 | $810,000 | 2,502 | 60.5% |
| 67 W 41ST ST | 2026-06 | $965,000 | 2,430 | 56.0% |
| 11 W 28TH ST | 2026-03 | $680,000 | 2,418 | 71.9% |
| 315 AVENUE A | 2025-07 | $660,000 | 2,423 | 57.7% |
| 291 AVENUE B | 2026-01 | $425,000 | 2,524 | 95.4% |
| 71 W 17TH ST | 2025-11 | $700,000 | 2,400 | 50.8% |
| 41 W 41ST ST | 2025-04 | $950,000 | 2,400 | 52.6% |
| 367 AVENUE A | 2025-11 | $700,000 | 2,412 | 52.0% |
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