Housing in Bayonne

Bayonne's housing market reflects its compact waterfront-peninsula geography, with a real $600,000 median price and genuine new-development activity tied to the city's current redevelopment story.

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A real, above-national-median home price

The median home price in Bayonne ran approximately $600,000 per the sourcing reviewed this pass -- above the national median, consistent with Hudson County's broader NYC-adjacent cost level.

New waterfront residential development tied to redevelopment

Bayonne's real, current redevelopment activity -- both the 1888 Studios film campus and the separate MOTBY waterfront frontier -- includes planned new waterfront residential development, a genuine driver of the city's evolving housing stock.

A property-tax rate that adds meaningfully to ownership cost

Bayonne's 2.24% effective property tax rate runs 27% above the Hudson County average, a real, material cost factor beyond the purchase price itself.

Key takeaways

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Last reviewed: 2026-08-25. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.