The Fair Share Report
2 Dylan Dr
Sparta, NJ 07871
The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.
This home's payments are about right
It sits inside Sparta's normal range — market price changes haven't singled it out. No case for a tax appeal.
Step 1 · Market value
Likely range $380,031 – $544,293, 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 $480,051 home should be assessed near $287,167.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $82,567 below what the ratio math suggests (28.8%).
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
32%74%
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 20 DYLAN DR | 2025-11 | $410,000 | — | 48.6% |
| 16 MAIN ST UNIT D7 | 2026-03 | $360,000 | 1,415 | 57.9% |
| 18 SAGAMORE TRL | 2026-05 | $563,000 | 1,706 | 51.1% |
| 66 MARA BLVD | 2026-06 | $520,000 | 2,165 | 51.5% |
| 11 ABIGAIL WAY | 2025-12 | $525,000 | 2,165 | 52.4% |
| 5 CICELY CT | 2025-02 | $507,000 | 2,165 | 52.8% |
| 23 EAST SHORE TRL | 2025-12 | $485,000 | 1,532 | 53.5% |
| 591 WEST SHORE TRL | 2025-02 | $740,000 | 1,914 | 40.0% |
| 21 HEIGHWOOD TRL | 2025-07 | $499,000 | 1,616 | 58.8% |
| 97 SPRINGBROOK TRL | 2026-03 | $485,000 | 1,568 | 50.6% |
| 3 LAKESIDE PL | 2025-12 | $575,000 | 1,688 | 53.6% |
| 97 EAST SHORE TRL | 2025-07 | $552,000 | 1,602 | 47.2% |
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