The Fair Share Report

206 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

≈ $510,000

Likely range $390,075 – $578,354, 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 $510,000 home should be assessed near $305,082.

Step 3 · Assessed value

$228,800

Set at the last town-wide revaluation and mostly frozen since. That's $76,282 below what the ratio math suggests (25.0%).

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

$8,392/yr
Public schools$5,406
Sussex County$1,428
Town of Sparta$1,559
Sparta average$13,693

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

Town median 52.4%
This home · 44.9%

34%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
21 SPRINGBROOK TRL2026-02$510,0001,38243.8%
43 HILLTOP TRL2025-11$360,0001,46070.1%
13 WALLKILL RD2025-10$560,0001,36246.9%
547 WEST SHORE TRL2025-08$540,0001,32053.5%
1 SHAWNEE TRL2025-06$500,0001,45946.6%
381 SPRINGBROOK TR2025-12$490,0001,36454.2%
99 SUMMIT RD2025-06$705,0001,39238.9%
11 OAK TREE LN2025-07$400,0001,18644.9%
46 SHAWNEE TRL2026-06$350,0011,30064.9%
28 OAKWOOD TRL2025-08$542,0001,35248.7%
18 SENECA TRL2025-08$435,0001,47456.3%
241 ALPINE TRL2025-12$420,0001,49155.1%

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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 →