The Fair Share Report
176 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 $274,625 – $352,083, from 12 comparable Sparta sales in the past 18 months, at this home's 676 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 $321,569 home should be assessed near $192,363.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $41,237 above what the ratio math suggests (21.4%).
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%91%
A touch high — worth watching
This home's ratio sits above most of Sparta, but doesn't clear NJ's legal appeal line (68.79%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 12 AFTERGLOW RD | 2025-08 | $440,000 | — | 49.9% |
| 29 OAK TREE LN | 2026-06 | $375,000 | 720 | 36.1% |
| 29 OAK TREE LN | 2025-04 | $232,000 | 720 | 58.3% |
| 146 HILLSIDE RD | 2026-01 | $460,000 | 750 | 44.5% |
| 146 HILLSIDE RD | 2025-04 | $390,000 | 750 | 52.5% |
| 269 SPRINGBROOK TR | 2025-10 | $170,000 | 680 | 107.8% |
| 285 HOUSES CORNER RD | 2025-02 | $331,500 | 800 | 40.6% |
| 112 HILLTOP TRL | 2025-02 | $325,000 | 800 | 56.9% |
| 26 PARK RD | 2025-08 | $640,000 | — | 52.4% |
| 19 EAST SHORE TRL | 2025-08 | $604,000 | 962 | 34.7% |
| 69 CARRIAGE LN | 2025-01 | $318,000 | 702 | 48.0% |
| 72 SPRINGBROOK TRL | 2025-11 | $411,000 | 864 | 53.8% |
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