The Fair Share Report

2 Stratton Ct

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

≈ $755,618

Likely range $604,819 – $845,903, 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 $755,618 home should be assessed near $452,011.

Step 3 · Assessed value

$398,700

Set at the last town-wide revaluation and mostly frozen since. That's $53,311 below what the ratio math suggests (11.8%).

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

$14,624/yr
Public schools$9,420
Sussex County$2,489
Town of Sparta$2,716
Sparta average$13,693

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

Town median 52.4%
This home · 52.8%

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
2 DOE RUN2025-08$855,0002,50444.3%
10 COTTONWOOD TRL2025-08$840,0002,67249.7%
11 DAHN DR2026-06$775,0002,57650.6%
12 BUTTERNUT WAY2025-08$930,0002,63453.4%
10 MILL CREEK RD2025-03$827,50049.2%
7 SCHINDLER DR2025-07$885,0002,73249.2%
16 MAIN ST UNIT D62026-06$405,0002,55054.3%
14 SENECA LAKE TERR2026-05$791,0002,88452.4%
17 LAMBERT DR2025-10$870,00054.6%
255 EAST MOUNTAIN RD2025-06$569,0002,63264.0%
255 GLEN RD2025-05$675,0002,76646.6%
10 LINKS CT2025-08$910,0002,91449.9%

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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 →