The Fair Share Report
12 Echo Dr
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 $685,838 – $817,264, from 12 comparable Sparta sales in the past 18 months, at this home's 2,888 sq ft.
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 $792,097 home should be assessed near $473,832.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $36,832 below what the ratio math suggests (7.8%).
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
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 |
|---|---|---|---|---|
| 1 BRENTWOOD CT | 2025-11 | $780,000 | 2,810 | 50.7% |
| 4 BEL AIR DR | 2025-07 | $815,000 | 2,880 | 51.1% |
| 2 MILL CREEK RD | 2025-10 | $840,000 | 2,857 | 46.6% |
| 348 WEST MOUNTAIN RD | 2025-11 | $525,000 | 2,804 | 74.6% |
| 14 SENECA LAKE TERR | 2026-05 | $791,000 | 2,884 | 52.4% |
| 25 GRANDVIEW TER | 2025-11 | $660,000 | 2,565 | 61.5% |
| 200 SAWMILL RD | 2025-05 | $740,000 | 3,326 | 56.8% |
| 36 WESTBURY DR | 2026-05 | $875,000 | 3,341 | 56.2% |
| 30 HEATHER LN | 2025-07 | $810,000 | 2,426 | 50.0% |
| 33 BEL AIR DR | 2025-09 | $830,000 | 3,432 | 52.4% |
| 3 WHISPERING WOODS LN | 2025-01 | $770,000 | 2,790 | 51.7% |
| 47 DEIRE DR | 2026-06 | $825,000 | 3,474 | 62.6% |
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