The Fair Share Report
1 Ely Ln
Sparta, NJ 07871
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 $533,505 – $725,254, from 12 comparable Sparta 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 Sparta assessments sit below market value — republished every October, applied town-wide. A $636,988 home should be assessed near $381,046.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $27,346 below what the ratio math suggests (7.2%).
Step 4 · The tax rate — same for every Sparta home
$2.362 Schools · 64% $0.624 County · 17% $0.681 Town · 19%
Step 5 · The bill
This home vs. every recent Sparta sale · assessed ÷ market
39%74%
Paying about right
This home's ratio lands inside Sparta'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 |
|---|---|---|---|---|
| 14 ROGERS LN | 2025-04 | $775,000 | 2,049 | 51.5% |
| 219 STANHOPE RD | 2025-05 | $670,000 | 2,106 | 44.9% |
| 25 GRAPHIC BLVD | 2025-11 | $720,000 | 2,290 | 50.4% |
| 30 HEATHER LN | 2025-07 | $810,000 | 2,426 | 50.0% |
| 25 GRANDVIEW TER | 2025-11 | $660,000 | 2,565 | 61.5% |
| 559 WEST MOUNTAIN RD | 2025-02 | $519,000 | 2,104 | 57.7% |
| 329 GLEN RD | 2025-10 | $668,000 | 2,317 | 51.8% |
| 40 HAYWARD RD | 2026-03 | $700,000 | 2,344 | 49.8% |
| 1 BRENTWOOD CT | 2025-11 | $780,000 | 2,810 | 50.7% |
| 348 WEST MOUNTAIN RD | 2025-11 | $525,000 | 2,804 | 74.6% |
| 701 WEST MOUNTAIN RD | 2025-01 | $620,000 | 1,812 | 57.0% |
| 255 EAST MOUNTAIN RD | 2025-06 | $569,000 | 2,632 | 64.0% |
Is this your house?
Run your own report →