The Fair Share Report

22 Beech Rd

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

≈ $517,075

Likely range $497,342 – $585,684, 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 $517,075 home should be assessed near $309,314.

Step 3 · Assessed value

$255,300

Set at the last town-wide revaluation and mostly frozen since. That's $54,014 below what the ratio math suggests (17.5%).

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

$9,364/yr
Public schools$6,032
Sussex County$1,594
Town of Sparta$1,739
Sparta average$13,693

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

Town median 52.4%
This home · 49.4%

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)

AddressSoldPriceSq ftRatio
20 WOODLAND TRL2025-07$525,0001,88446.5%
20 WOODLAND TRL2025-04$340,0001,88471.7%
11 GINGER LN2025-11$545,0001,85247.6%
99 VALLEY VIEW TRL2025-10$600,0001,87246.0%
55 MANOR SQ2025-11$460,0001,92552.8%
32 SUMMER TREE RUN2025-08$630,0002,04445.5%
13 GREEN APPLE RD2025-06$650,0001,74045.1%
52 MANOR SQ2026-05$484,7581,72550.0%
5 GRIST MILL2026-03$490,0001,72547.5%
99 SLEEPY HOLLOW2026-02$399,9991,72557.6%
114 SLEEPY HOLLOW2025-11$480,0001,72551.1%
69 MANOR SQ2025-07$470,0001,72551.9%

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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 →