The Fair Share Report
706 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 $761,429 – $860,089, from 12 comparable Bayonne sales in the past 18 months, at this home's 2,818 sq ft.
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 $790,045 home should be assessed near $526,012.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $140,712 below what the ratio math suggests (26.8%).
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
39%83%
Keep quiet and enjoy it
This home's assessment ratio sits below the Bayonne pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 469 AVENUE A | 2025-03 | $710,000 | 2,848 | 53.5% |
| 94 NEWMAN AVE | 2025-05 | $612,000 | 2,856 | 68.3% |
| 166 W 8TH ST | 2025-02 | $890,000 | 2,916 | 48.8% |
| 366-368 AVENUE C | 2025-05 | $895,000 | 2,721 | 58.4% |
| 490 JF KENNEDY BLVD | 2025-11 | $755,000 | 2,693 | 58.9% |
| 115-117 W 3RD ST | 2025-07 | $740,000 | 2,693 | 69.5% |
| 103 JF KENNEDY BLVD | 2025-07 | $999,999 | 2,958 | 46.8% |
| 126 W 16TH ST | 2025-03 | $802,500 | 2,970 | 72.3% |
| 766 AVENUE A | 2025-02 | $999,000 | 2,671 | 58.8% |
| 26 E 28TH ST | 2025-11 | $760,000 | 2,658 | 57.5% |
| 169 W 9TH ST | 2026-01 | $875,000 | 2,990 | 59.3% |
| 95 W 17TH ST | 2026-06 | $790,000 | 2,837 | 74.4% |
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