The Fair Share Report

665 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

≈ $1,440,892

Likely range $963,564 – $1,570,189, 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 $1,440,892 home should be assessed near $959,346.

Step 3 · Assessed value

$781,600

Set at the last town-wide revaluation and mostly frozen since. That's $177,746 below what the ratio math suggests (18.5%).

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

$22,510/yr
Public schools$8,418
Hudson County$3,963
Town of Bayonne$10,130
Bayonne average$11,591

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

Town median 61.8%
This home · 54.2%

44%87%

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
87 OAK ST2025-03$999,9004,18861.4%
101-103 TRASK AVE2025-04$1,175,0003,17661.5%
38 W 20TH ST2026-03$915,0003,25968.0%
16 W 10TH ST2025-09$750,0004,03475.7%
505-507 JF KENNEDY BLVD2025-10$850,0004,15683.3%
73 NEWMAN AVE2025-11$1,225,0004,21352.3%
67 W 36TH ST2025-03$1,100,0003,07263.3%
113-115 TRASK AVE2025-02$999,0002,89670.1%
314 AVENUE B2025-06$980,0002,62871.2%
39 W 20TH ST2025-09$961,0002,55065.6%
73 W 21ST ST2025-01$950,0002,48057.9%
146 AVENUE C2026-01$1,288,0003,72044.6%

Is this your house?

Run your own report →

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 →