The Fair Share Report

1 Springbrook Trl

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.

Step 1 · Market value

≈ $394,864

Likely range $323,546 – $563,986, from 12 comparable Sparta sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

59.82%

The state's official measure of how far Sparta assessments sit below market value — republished every October, applied town-wide. A $394,864 home should be assessed near $236,208.

Step 3 · Assessed value

$212,800

Set at the last town-wide revaluation and mostly frozen since. That's $23,408 below what the ratio math suggests (9.9%).

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

$3.667 per $100 assessed

$2.362 Schools · 64% $0.624 County · 17% $0.681 Town · 19%

Step 5 · The bill

$7,806/yr
Public schools$5,028
Sussex County$1,328
Town of Sparta$1,450
Sparta average$13,693

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

Town median 52.4%
This home · 53.9%

32%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)

AddressSoldPriceSq ftRatio
351 EAST SHORE TRL2026-03$380,0001,24653.7%
16 MAIN ST UNIT D72026-03$360,0001,41557.9%
25 STANHOPE RD2025-12$289,0001,07538.4%
127 EAST SHORE TRL2025-04$439,9001,15647.8%
730 HOUSES CORNER RD2025-05$545,0001,25552.2%
64 HILLTOP TRL2026-03$380,0001,27062.8%
238 NO CHURCH RD2026-06$495,0001,24249.6%
269 EAST SHORE TRL2025-08$328,0001,24468.8%
172 EAST SHORE TRL2026-01$660,0001,29340.8%
29 LONGVIEW RD2025-03$475,0001,14047.3%
21 HEIGHWOOD TRL2025-07$499,0001,61658.8%
54 HUNTERS LN2025-03$350,0001,10069.6%

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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 →