The Fair Share Report

660 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

≈ $424,484

Likely range $375,698 – $640,182, 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 $424,484 home should be assessed near $282,621.

Step 3 · Assessed value

$265,600

Set at the last town-wide revaluation and mostly frozen since. That's $17,021 below what the ratio math suggests (6.0%).

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

$7,649/yr
Public schools$2,861
Hudson County$1,347
Town of Bayonne$3,442
Bayonne average$11,591

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

Town median 61.8%
This home · 62.6%

36%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
59-63 W 30TH ST2025-07$390,0001,11072.6%
14 E 52ND ST2026-05$715,0001,15242.1%
76 W 54TH ST2026-05$550,0001,15254.5%
14 E 52ND ST2025-08$350,0001,15286.1%
99 W 21ST ST2026-05$695,0001,07161.7%
47 W 49TH ST2026-04$320,0001,15681.7%
125 W 13TH ST2025-09$410,0001,16838.9%
45 E 28TH ST2025-09$505,0001,18856.3%
53 COTTAGE ST2026-02$600,00098853.5%
858 JF KENNEDY BLVD2025-03$620,0001,13652.3%
138 LEXINGTON AVE2026-01$460,0001,27374.8%
15 SISSON CT2025-05$425,00095652.7%

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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 →