The Fair Share Report
14 Wallkill Rd
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 $664,318 – $871,427, 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 $778,682 home should be assessed near $465,808.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $78,908 below what the ratio math suggests (16.9%).
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 |
|---|---|---|---|---|
| 47 VALLEY VIEW TRL | 2025-07 | $680,000 | 2,682 | 47.0% |
| 1 WHIPPOORWILL LN | 2025-05 | $380,000 | 2,574 | 86.9% |
| 26 HICKORY TRL | 2025-04 | $786,500 | 2,464 | 47.0% |
| 12 HERITAGE DR | 2025-06 | $760,000 | 2,412 | 44.4% |
| 16 CAMBRIDGE DR | 2025-01 | $710,000 | 2,450 | 54.5% |
| 36 TYLER ST | 2025-11 | $615,000 | 2,336 | 52.9% |
| 24 ARAPAHO TRL | 2025-04 | $375,000 | 2,376 | 86.8% |
| 30 COTTAGE LN | 2025-04 | $740,000 | 2,339 | 46.4% |
| 435 WEST SHORE TRL | 2025-08 | $1,225,000 | 2,774 | 34.3% |
| 2 HERITAGE DR | 2025-03 | $575,000 | 2,769 | 64.8% |
| 570 WEST SHORE TRL | 2025-06 | $1,590,000 | 2,687 | 47.0% |
| 43 MAPLE PKWY | 2025-09 | $525,000 | 1,998 | 56.2% |
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