The Fair Share Report
11 Farmbrook Rd
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 $852,916 – $959,214, 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 $880,487 home should be assessed near $526,707.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $12,293 above what the ratio math suggests (2.3%).
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 |
|---|---|---|---|---|
| 47 DEIRE DR | 2026-06 | $825,000 | 3,474 | 62.6% |
| 36 WESTBURY DR | 2026-05 | $875,000 | 3,341 | 56.2% |
| 2 STARRETT CT | 2025-03 | $839,000 | 3,542 | 61.0% |
| 59 HIDDEN GLEN DR | 2025-12 | $990,000 | 3,651 | 51.9% |
| 150 SAWMILL RD | 2025-09 | $910,000 | 3,603 | 50.9% |
| 33 BEL AIR DR | 2025-09 | $830,000 | 3,432 | 52.4% |
| 9 KING ALEX CT | 2025-07 | $830,000 | 3,278 | 59.3% |
| 6 MALIBU DR | 2026-03 | $930,000 | 3,545 | 48.5% |
| 200 SAWMILL RD | 2025-05 | $740,000 | 3,326 | 56.8% |
| 43 RICHMOND HILL DR | 2025-09 | $889,000 | 3,592 | 53.3% |
| 14 TIMBERLINE DR | 2025-07 | $915,000 | 3,820 | 54.1% |
| 376 STANHOPE RD | 2026-03 | $745,000 | 3,384 | 52.8% |
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