The Fair Share Report

133 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.

Step 1 · Market value

≈ $645,665

Likely range $584,669 – $743,930, from 12 comparable Sparta sales in the past 18 months, at this home's 2,361 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 $645,665 home should be assessed near $386,237.

Step 3 · Assessed value

$285,500

Set at the last town-wide revaluation and mostly frozen since. That's $100,737 below what the ratio math suggests (26.1%).

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

$10,472/yr
Public schools$6,745
Sussex County$1,782
Town of Sparta$1,945
Sparta average$13,693

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

Town median 52.4%
This home · 44.2%

33%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
343 SPRINGBROOK TR2025-01$485,0002,25854.6%
36 TYLER ST2025-11$615,0002,33652.9%
64 WARREN RD2025-04$622,0002,30450.2%
14 W CHERRY TREE LN2026-05$635,0002,32241.3%
1 POWDER HORN GREEN2025-01$850,0002,21860.3%
583 WEST SHORE TRL2026-04$725,0002,03743.2%
583 WEST SHORE TRL2025-09$400,0002,03778.2%
12 HERITAGE DR2025-06$760,0002,41244.4%
72 CASTLEWOOD TRL2025-12$455,0002,11856.7%
16 CAMBRIDGE DR2025-01$710,0002,45054.5%
8 ST MARYS PL2026-01$550,0002,22152.6%
53 SUNSET LAKE RD2025-10$600,0002,17650.5%

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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 →