The Fair Share Report
775 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 $500,312 – $641,458, 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 $599,846 home should be assessed near $399,377.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $94,577 below what the ratio math suggests (23.7%).
Step 4 · The tax rate — same for every Bayonne home
$1.077 Schools · 37% $0.507 County · 18% $1.296 Town · 45%
This home's own bill implies $2.798 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Bayonne sale · assessed ÷ market
42%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 |
|---|---|---|---|---|
| 104 W 52ND ST | 2025-09 | $600,000 | 1,373 | 54.5% |
| 188 W 26TH ST | 2025-06 | $570,000 | 1,476 | 69.3% |
| 145 W 29TH ST | 2025-12 | $560,000 | 1,280 | 48.2% |
| 170 W 8TH ST | 2025-07 | $690,000 | 1,512 | 54.9% |
| 223 AVENUE B | 2025-06 | $600,000 | 1,354 | 65.3% |
| 46 EVERGREEN ST | 2025-12 | $575,000 | 1,566 | 46.1% |
| 46 EVERGREEN ST | 2025-08 | $400,000 | 1,566 | 66.3% |
| 46 EVERGREEN ST | 2025-06 | $300,000 | 1,566 | 88.4% |
| 28 W 22ND ST | 2025-06 | $535,000 | 1,395 | 74.8% |
| 40 W 31ST ST | 2026-04 | $502,000 | 1,296 | 62.7% |
| 46 W 13TH ST | 2026-05 | $595,000 | 1,278 | 57.5% |
| 51 E 14TH ST | 2025-07 | $710,000 | 1,531 | 48.4% |
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