The Fair Share Report

205 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

≈ $967,286

Likely range $703,709 – $1,866,338, 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 $967,286 home should be assessed near $578,630.

Step 3 · Assessed value

$368,600

Set at the last town-wide revaluation and mostly frozen since. That's $210,030 below what the ratio math suggests (36.3%).

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

$13,520/yr
Public schools$8,709
Sussex County$2,301
Town of Sparta$2,511
Sparta average$13,693

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

Town median 52.4%
This home · 38.1%

14%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
34 EAST SHORE TRL2025-07$1,750,0002,58738.3%
271 WEST SHORE TRL2025-04$999,0002,64654.3%
30 SENECA TRL2025-08$650,0002,24253.3%
42 SOUTH SHORE TRL2025-08$700,0002,26050.3%
177 WEST SHORE TRL2025-06$980,0002,13346.3%
72 EAST SHORE TRL2025-09$1,999,0002,71631.5%
10 SOUTH SHORE TRL2025-06$680,0002,31845.1%
24 PINE CONE LN2025-05$576,0002,12055.0%
8 ST MARYS PL2026-01$550,0002,22152.6%
22 MAPLE PKWY2026-06$2,135,0002,28734.6%
1 WHIPPOORWILL LN2025-05$380,0002,57486.9%
88 STANHOPE RD2026-03$480,0001,98847.2%

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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 →