The Fair Share Report
193 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 $424,787 – $605,893, from 12 comparable Sparta sales in the past 18 months, at this home's 1,748 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 $486,163 home should be assessed near $290,823.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $34,723 below what the ratio math suggests (11.9%).
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
37%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 |
|---|---|---|---|---|
| 25 WORDSWORTH DR | 2025-06 | $630,000 | 1,700 | 46.1% |
| 6 SHAWNEE TRL | 2026-01 | $447,770 | 1,660 | 55.5% |
| 4 SUMMIT TRL | 2026-05 | $405,000 | 1,871 | 63.9% |
| 86 SUMMIT RD | 2025-08 | $600,000 | 1,716 | 45.9% |
| 39 HEIGHWOOD TRL | 2026-03 | $600,000 | 1,731 | 51.9% |
| 88 SUMMIT RD | 2025-07 | $445,000 | 1,600 | 52.3% |
| 21 HEIGHWOOD TRL | 2025-07 | $499,000 | 1,616 | 58.8% |
| 36 OAKWOOD TRL | 2025-09 | $645,000 | 1,849 | 50.3% |
| 137 HILLSIDE RD | 2025-09 | $505,000 | 1,688 | 46.9% |
| 10 MILDRED DR | 2025-12 | $525,000 | 1,874 | 55.4% |
| 35 SUMMIT TRL | 2025-12 | $435,000 | 1,922 | 65.3% |
| 2 CARRIAGE LN | 2026-01 | $399,000 | 1,794 | 57.4% |
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