The Fair Share Report
111 Springbrook Tr
Sparta, NJ 07039
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 $592,904 – $1,616,671, 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 $1,005,525 home should be assessed near $601,505.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $245,705 below what the ratio math suggests (40.8%).
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
17%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 |
|---|---|---|---|---|
| 42 SOUTH SHORE TRL | 2025-08 | $700,000 | 2,260 | 50.3% |
| 177 WEST SHORE TRL | 2025-06 | $980,000 | 2,133 | 46.3% |
| 30 SENECA TRL | 2025-08 | $650,000 | 2,242 | 53.3% |
| 4 ARROWHEAD TRL | 2026-04 | $1,235,000 | 1,955 | 48.4% |
| 34 EAST SHORE TRL | 2025-07 | $1,750,000 | 2,587 | 38.3% |
| 22 MAPLE PKWY | 2026-06 | $2,135,000 | 2,287 | 34.6% |
| 53 OAKWOOD TRL | 2026-03 | $1,720,000 | 2,270 | 36.6% |
| 88 STANHOPE RD | 2026-03 | $480,000 | 1,988 | 47.2% |
| 24 PINE CONE LN | 2025-05 | $576,000 | 2,120 | 55.0% |
| 8 ST MARYS PL | 2026-01 | $550,000 | 2,221 | 52.6% |
| 82 MAPLE PKWY | 2025-09 | $1,380,000 | 1,789 | 39.3% |
| 245 EAST SHORE TRL | 2026-01 | $515,000 | 2,084 | 58.1% |
Is this your house?
Run your own report →