The Fair Share Report
701 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 $798,677 – $987,808, 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 $896,363 home should be assessed near $596,798.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $13,402 above what the ratio math suggests (2.2%).
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 |
|---|---|---|---|---|
| 69 W 39TH ST | 2026-01 | $910,000 | 3,116 | 64.1% |
| 184 AVENUE B | 2026-05 | $999,999 | 3,106 | 51.3% |
| 184 AVENUE B | 2025-02 | $825,000 | 3,106 | 62.1% |
| 27 W 45TH ST | 2025-12 | $950,000 | 3,123 | 44.8% |
| 27 W 45TH ST | 2025-07 | $580,000 | 3,123 | 73.3% |
| 54 W 4TH ST | 2026-01 | $930,000 | 2,936 | 47.6% |
| 321 AVENUE C | 2025-06 | $905,000 | 3,063 | 48.4% |
| 588 AVENUE A | 2025-04 | $999,999 | 3,132 | 48.6% |
| 169 W 9TH ST | 2026-01 | $875,000 | 2,990 | 59.3% |
| 827-829 AVENUE C | 2025-09 | $979,000 | 2,994 | 81.5% |
| 10 LATOURETTE PL | 2025-04 | $850,000 | 2,783 | 50.9% |
| 85-87 W 4TH ST | 2026-06 | $900,000 | 3,148 | 53.8% |
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