The Fair Share Report

182 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

≈ $447,124

Likely range $407,887 – $595,360, from 12 comparable Sparta sales in the past 18 months, at this home's 1,448 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 $447,124 home should be assessed near $267,470.

Step 3 · Assessed value

$260,600

Set at the last town-wide revaluation and mostly frozen since. That's $6,870 below what the ratio math suggests (2.6%).

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

$9,559/yr
Public schools$6,157
Sussex County$1,627
Town of Sparta$1,775
Sparta average$13,693

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

Town median 52.4%
This home · 58.3%

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
21 HEIGHWOOD TRL2025-07$499,0001,61658.8%
351 EAST SHORE TRL2026-03$380,0001,24653.7%
241 ALPINE TRL2025-12$420,0001,49155.1%
172 EAST SHORE TRL2026-01$660,0001,29340.8%
88 SUMMIT RD2025-07$445,0001,60052.3%
99 SUMMIT RD2025-06$705,0001,39238.9%
5 SHELLEY CT2026-05$625,0001,43844.0%
64 HILLTOP TRL2026-03$380,0001,27062.8%
25 WORDSWORTH DR2025-06$630,0001,70046.1%
127 EAST SHORE TRL2025-04$439,9001,15647.8%
269 EAST SHORE TRL2025-08$328,0001,24468.8%
13 WALLKILL RD2025-10$560,0001,36246.9%

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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 →