The Fair Share Report

2 Echo Dr

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

≈ $816,212

Likely range $769,828 – $906,356, from 12 comparable Sparta sales in the past 18 months (home size estimated from assessor data — range widened).

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 $816,212 home should be assessed near $488,258.

Step 3 · Assessed value

$492,100

Set at the last town-wide revaluation and mostly frozen since. That's $3,842 above what the ratio math suggests (0.8%).

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

$18,050/yr
Public schools$11,627
Sussex County$3,072
Town of Sparta$3,352
Sparta average$13,693

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

Town median 52.4%
This home · 60.3%

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)

AddressSoldPriceSq ftRatio
200 SAWMILL RD2025-05$740,0003,32656.8%
36 WESTBURY DR2026-05$875,0003,34156.2%
33 BEL AIR DR2025-09$830,0003,43252.4%
77 WESTGATE DR2025-07$890,0003,26859.0%
77 WESTGATE DR2025-02$860,0003,26861.0%
47 DEIRE DR2026-06$825,0003,47462.6%
9 KING ALEX CT2025-07$830,0003,27859.3%
26 HIDDEN GLEN DR2025-04$907,0003,20450.3%
1 BRENTWOOD CT2025-11$780,0002,81050.7%
155 ANDOVER RD2025-07$750,0003,19250.4%
376 STANHOPE RD2026-03$745,0003,38452.8%
4 BEL AIR DR2025-07$815,0002,88051.1%

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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 →