The Fair Share Report

230 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

≈ $541,459

Likely range $441,698 – $661,339, 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 $541,459 home should be assessed near $323,901.

Step 3 · Assessed value

$296,500

Set at the last town-wide revaluation and mostly frozen since. That's $27,401 below what the ratio math suggests (8.5%).

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

$10,876/yr
Public schools$7,005
Sussex County$1,851
Town of Sparta$2,020
Sparta average$13,693

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

Town median 52.4%
This home · 54.8%

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
28 SAGAMORE TRL2025-08$595,0001,76448.4%
55 FOX TRAIL RD2025-12$603,0001,89645.9%
111 SENECA LAKE RD2025-04$445,0001,86065.0%
583 WEST SHORE TRL2026-04$725,0002,03743.2%
583 WEST SHORE TRL2025-09$400,0002,03778.2%
10 MILDRED DR2025-12$525,0001,87455.4%
78 HUNTERS LN2025-12$445,0001,82658.2%
203 ALPINE TRL2025-04$750,0002,05844.4%
72 CASTLEWOOD TRL2025-12$455,0002,11856.7%
99 VALLEY VIEW TRL2025-10$600,0001,87246.0%
44 SAGAMORE TRL2025-03$535,0001,98651.0%
135 ALPINE TRL2025-10$780,0002,03955.8%

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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 →