The Fair Share Report

9 E Ct

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

≈ $953,143

Likely range $866,671 – $1,025,884, from 12 comparable Bayonne sales in the past 18 months (home size estimated from assessor data — range widened).

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 $953,143 home should be assessed near $634,603.

Step 3 · Assessed value

$552,900

Set at the last town-wide revaluation and mostly frozen since. That's $81,703 below what the ratio math suggests (12.9%).

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

$15,924/yr
Public schools$5,955
Hudson County$2,803
Town of Bayonne$7,166
Bayonne average$11,591

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

Town median 61.8%
This home · 58.0%

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)

AddressSoldPriceSq ftRatio
8 COLONIAL DR2025-01$882,0002,72553.9%
16 OAK ST2025-09$940,0002,73657.3%
16 OAK ST2025-02$750,0002,73671.8%
13 CENTRE LA2025-06$970,0002,61652.5%
151 W 18TH ST2025-03$985,0002,61657.6%
7 COUNTRY VILLAGE CT2026-02$940,0002,59258.4%
13 COUNTRY VILLAGE CT2025-01$910,0002,59254.4%
157 W 17TH ST2025-03$935,0002,42355.0%
95 W 28TH ST2026-04$912,5002,88030.3%
25 LINDEN ST2025-08$890,0002,47854.1%
166 W 37TH ST2025-10$950,0002,72066.9%
66 W 33RD ST2025-10$840,0002,46756.5%

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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 →