The Fair Share Report

11 Wallkill 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.

Step 1 · Market value

≈ $442,836

Likely range $381,818 – $500,000, from 12 comparable Sparta sales in the past 18 months, at this home's 1,200 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 $442,836 home should be assessed near $264,904.

Step 3 · Assessed value

$285,400

Set at the last town-wide revaluation and mostly frozen since. That's $20,496 above what the ratio math suggests (7.7%).

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

$10,468/yr
Public schools$6,743
Sussex County$1,781
Town of Sparta$1,944
Sparta average$13,693

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

Town median 52.4%
This home · 64.4%

39%80%

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
11 OAK TREE LN2025-07$400,0001,18644.9%
44 HILLSIDE RD2025-07$488,00051.1%
159 EAST SHORE TRL2026-05$489,0001,23254.4%
269 EAST SHORE TRL2025-08$328,0001,24468.8%
7 HILLTOP TRL2026-01$405,0001,18853.1%
46 SHAWNEE TRL2026-06$350,0011,30064.9%
21 SPRINGBROOK TRL2026-02$510,0001,38243.8%
29 LONGVIEW RD2025-03$475,0001,14047.3%
64 HILLTOP TRL2026-03$380,0001,27062.8%
13 WALLKILL RD2025-10$560,0001,36246.9%
172 EAST SHORE TRL2026-01$660,0001,29340.8%
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 →