The Fair Share Report
692 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 $668,162 – $844,824, 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 $760,779 home should be assessed near $506,527.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $88,827 below what the ratio math suggests (17.5%).
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
44%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 |
|---|---|---|---|---|
| 267 AVENUE B | 2025-05 | $725,000 | 2,136 | 53.7% |
| 22 TRASK AVE | 2025-01 | $815,000 | 2,220 | 53.4% |
| 178 W 33RD ST | 2025-01 | $849,000 | 2,100 | 60.5% |
| 52 E 48TH ST | 2025-08 | $715,000 | 1,992 | 60.6% |
| 16 GEORGE ST | 2026-02 | $1,000,000 | 2,280 | 45.9% |
| 144 W 30TH ST | 2025-07 | $725,000 | 2,090 | 63.7% |
| 733 AVENUE E | 2025-02 | $640,000 | 2,100 | 68.2% |
| 31 WEST DRIVE | 2025-04 | $725,000 | 1,820 | 65.2% |
| 63 PROSPECT AVE | 2025-07 | $650,000 | 2,280 | 59.0% |
| 108 LORD AVE | 2025-10 | $855,000 | 2,180 | 55.7% |
| 185 W 3RD ST | 2026-04 | $810,000 | 1,900 | 47.0% |
| 40 ISABELLA AVE | 2025-03 | $780,000 | 1,896 | 54.7% |
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