The Fair Share Report

86 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.

Step 1 · Market value

≈ $640,356

Likely range $550,278 – $691,610, from 12 comparable Bayonne sales in the past 18 months, at this home's 1,668 sq ft.

Step 2 · The Director's Ratio

66.58%

The state's official measure of how far Bayonne assessments sit below market value — republished every October, applied town-wide. A $640,356 home should be assessed near $426,349.

Step 3 · Assessed value

$344,900

Set at the last town-wide revaluation and mostly frozen since. That's $81,449 below what the ratio math suggests (19.1%).

Step 4 · The tax rate — same for every Bayonne home

$2.880 per $100 assessed

$1.077 Schools · 37% $0.507 County · 18% $1.296 Town · 45%

Step 5 · The bill

$9,933/yr
Public schools$3,715
Hudson County$1,749
Town of Bayonne$4,470
Bayonne average$11,591

This home vs. every recent Bayonne sale · assessed ÷ market

Town median 61.8%
This home · 53.9%

44%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)

AddressSoldPriceSq ftRatio
418 JF KENNEDY BLVD2026-04$665,0001,68047.6%
204 AVENUE E2026-03$740,0001,68055.2%
81 W 3RD ST2025-09$675,0001,68048.3%
16 E 42ND ST2025-07$650,0001,68251.1%
69 HUMPHREYS AVE2026-02$700,0001,68353.5%
16 W 51ST ST2025-09$545,0001,65263.0%
374 AVENUE C2025-12$615,0001,68865.4%
13 E 27TH ST2025-07$570,0001,69273.3%
55 GARRETSON AVE2026-03$599,0001,64256.2%
92-94 LINNET ST2025-10$680,0001,64066.6%
35-37 E 45TH ST2026-03$735,0001,63057.7%
149 AVENUE F2025-02$540,0001,70860.0%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →