The Fair Share Report
698 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 $813,903 – $928,773, 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 $892,027 home should be assessed near $593,912.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $101,112 below what the ratio math suggests (17.0%).
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 |
|---|---|---|---|---|
| 129-131 LEXINGTON AVE | 2025-12 | $950,000 | 2,552 | 59.0% |
| 96 W 49TH ST | 2025-01 | $825,000 | 2,436 | 64.3% |
| 25 LINDEN ST | 2025-08 | $890,000 | 2,478 | 54.1% |
| 16 GEORGE ST | 2026-02 | $1,000,000 | 2,280 | 45.9% |
| 35 DODGE ST | 2025-08 | $778,000 | 2,352 | 62.1% |
| 147 W 52ND ST | 2026-01 | $856,000 | 2,376 | 58.8% |
| 63 PROSPECT AVE | 2025-07 | $650,000 | 2,280 | 59.0% |
| 37 W 12TH ST | 2025-07 | $875,000 | 2,394 | 57.2% |
| 105 EVERGREEN ST | 2025-12 | $770,000 | 2,300 | 65.4% |
| 184 W 17TH ST | 2025-01 | $810,000 | 2,400 | 67.0% |
| 22 TRASK AVE | 2025-01 | $815,000 | 2,220 | 53.4% |
| 156 W 22ND ST | 2026-03 | $765,000 | 2,352 | 59.6% |
Is this your house?
Run your own report →