The Fair Share Report

107 Springbrook Tr

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

≈ $461,577

Likely range $411,026 – $498,500, from 12 comparable Sparta sales in the past 18 months, at this home's 1,193 sq ft.

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 $461,577 home should be assessed near $276,115.

Step 3 · Assessed value

$239,600

Set at the last town-wide revaluation and mostly frozen since. That's $36,515 below what the ratio math suggests (13.2%).

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

$8,789/yr
Public schools$5,661
Sussex County$1,496
Town of Sparta$1,632
Sparta average$13,693

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

Town median 52.4%
This home · 51.9%

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)

AddressSoldPriceSq ftRatio
123 HILLSIDE RD2025-04$441,0001,28050.2%
98 SPRINGBROOK TRL2025-03$440,0001,05352.0%
20 OAKWOOD TRL2025-06$599,0001,11642.7%
8 ALDER DR2025-10$461,0001,11145.7%
7 HILLTOP TRL2026-01$405,0001,18853.1%
512 WEST SHORE TRL2025-11$970,0001,33744.9%
136 SPRINGBROOK TR2025-03$485,0001,12853.6%
5 LINCOLN DR2025-06$390,0001,00838.4%
28 OAKWOOD TRL2025-08$542,0001,35248.7%
190 WEST SHORE TRL2026-03$225,0001,03867.7%
139 HILLTOP TRL2025-01$400,0011,04851.0%
127 EAST SHORE TRL2025-04$439,9001,15647.8%

Is this your house?

Run your own report →

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 →