The Fair Share Report
218 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $498,962 – $685,334, 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 $587,949 home should be assessed near $351,711.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $56,711 below what the ratio math suggests (16.1%).
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
38%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 168 EAST SHORE TRL | 2025-04 | $1,525,000 | 1,936 | 38.9% |
| 377 EAST SHORE TRL | 2026-02 | $529,000 | 1,899 | 50.3% |
| 40 HILLSIDE RD | 2025-09 | $658,000 | 1,751 | 51.6% |
| 26 PARK RD | 2025-08 | $640,000 | — | 52.4% |
| 23 BIRCH PKWY | 2025-07 | $540,000 | 1,739 | 55.2% |
| 380 EAST SHORE TRL | 2026-01 | $525,000 | 1,850 | 52.3% |
| 172 ALPINE TRL | 2026-01 | $495,000 | 1,587 | 48.9% |
| 100 ALPINE TRL | 2025-01 | $600,000 | 1,716 | 54.1% |
| 24 PINE CONE LN | 2025-05 | $576,000 | 2,120 | 55.0% |
| 88 STANHOPE RD | 2026-03 | $480,000 | 1,988 | 47.2% |
| 46 GLENSIDE TRL | 2026-04 | $370,000 | 1,943 | 71.0% |
| 583 WEST SHORE TRL | 2026-04 | $725,000 | 2,037 | 43.2% |
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