The Fair Share Report
112 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $537,395 – $1,257,693, 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 $635,730 home should be assessed near $380,294.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $76,594 below what the ratio math suggests (20.1%).
Step 4 · The tax rate — same for every Sparta home
$2.362 Schools · 64% $0.624 County · 17% $0.681 Town · 19%
This home's own bill implies $3.586 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Sparta sale · assessed ÷ market
19%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 |
|---|---|---|---|---|
| 97 EAST SHORE TRL | 2025-07 | $552,000 | 1,602 | 47.2% |
| 42 MAPLE PKWY | 2025-07 | $1,465,000 | 1,946 | 45.1% |
| 82 MAPLE PKWY | 2025-09 | $1,380,000 | 1,789 | 39.3% |
| 23 EAST SHORE TRL | 2025-12 | $485,000 | 1,532 | 53.5% |
| 10 HILLTOP TRL | 2026-04 | $620,000 | 1,668 | 41.8% |
| 4 ARROWHEAD TRL | 2026-04 | $1,235,000 | 1,955 | 48.4% |
| 97 SPRINGBROOK TRL | 2026-03 | $485,000 | 1,568 | 50.6% |
| 22 MAPLE PKWY | 2026-06 | $2,135,000 | 2,287 | 34.6% |
| 35 SUMMIT TRL | 2025-12 | $435,000 | 1,922 | 65.3% |
| 137 HILLSIDE RD | 2025-09 | $505,000 | 1,688 | 46.9% |
| 88 STANHOPE RD | 2026-03 | $480,000 | 1,988 | 47.2% |
| 4 SUMMIT TRL | 2026-05 | $405,000 | 1,871 | 63.9% |
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