The Fair Share Report

13 Springbrook Trl

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

≈ $881,510

Likely range $652,390 – $940,473, from 12 comparable Sparta sales in the past 18 months (home size estimated from assessor data — range widened).

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 $881,510 home should be assessed near $527,319.

Step 3 · Assessed value

$412,400

Set at the last town-wide revaluation and mostly frozen since. That's $114,919 below what the ratio math suggests (21.8%).

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

$15,127/yr
Public schools$9,744
Sussex County$2,574
Town of Sparta$2,809
Sparta average$13,693

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

Town median 52.4%
This home · 46.8%

38%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)

AddressSoldPriceSq ftRatio
40 PRIMROSE LN2025-09$680,0002,89244.7%
16 MAIN ST UNIT D62026-06$405,0002,55054.3%
5 SUMMIT TRL2025-06$725,0002,46451.4%
346 SPRINGBROOK TR2025-04$645,0002,89465.6%
22 FOX TRAIL RD2025-10$785,0002,59053.5%
26 HICKORY TRL2025-04$786,5002,46447.0%
47 VALLEY VIEW TRL2025-07$680,0002,68247.0%
7 BUTTERNUT WAY2025-04$880,0002,91446.1%
45 ISLAND TRL2025-12$2,187,5003,18545.1%
274 EAST SHORE TRL2025-04$1,495,0002,96251.0%
25 ISLAND TRL2025-04$3,300,0002,95540.6%
10 LINKS CT2025-08$910,0002,91449.9%

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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 →