The Fair Share Report
703 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 $454,970 – $767,431, 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 $601,407 home should be assessed near $400,417.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $6,817 below what the ratio math suggests (1.7%).
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%92%
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 |
|---|---|---|---|---|
| 1022 JF KENNEDY BLVD | 2025-08 | $835,000 | 1,716 | 51.6% |
| 11 E 47TH ST | 2025-03 | $525,000 | 1,530 | 68.1% |
| 64-70 SILVER ST | 2025-06 | $650,000 | 1,850 | 65.3% |
| 103 W 8TH ST | 2025-03 | $815,000 | 1,867 | 45.4% |
| 36 W 14TH ST | 2025-07 | $418,000 | 1,525 | 89.5% |
| 83 W 38TH ST | 2025-11 | $725,000 | 1,724 | 63.8% |
| 14 O'BRIEN CT | 2025-08 | $455,000 | 1,723 | 83.4% |
| 46 E 44TH ST | 2025-06 | $470,000 | 1,760 | 77.1% |
| 33 W 24TH ST | 2025-10 | $599,000 | 1,742 | 68.5% |
| 174 ORIENT ST | 2026-04 | $600,000 | 1,672 | 67.4% |
| 106 GARRETSON AVE | 2026-02 | $740,000 | 1,729 | 49.6% |
| 1 SISSON CT | 2025-08 | $495,000 | 1,792 | 81.3% |
Is this your house?
Run your own report →