The Fair Share Report
232 Demarest 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $753,032 – $857,580, 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 $796,495 home should be assessed near $476,463.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $45,063 below what the ratio math suggests (9.5%).
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
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 7 LINKS CT | 2025-07 | $870,000 | 2,666 | 51.5% |
| 1 BRENTWOOD CT | 2025-11 | $780,000 | 2,810 | 50.7% |
| 10 MT PLEASANT RD | 2026-04 | $915,000 | 3,167 | 47.9% |
| 77 WESTGATE DR | 2025-07 | $890,000 | 3,268 | 59.0% |
| 77 WESTGATE DR | 2025-02 | $860,000 | 3,268 | 61.0% |
| 3 MT PLEASANT RD | 2025-07 | $870,000 | 2,740 | 49.1% |
| 2 MILL CREEK RD | 2025-10 | $840,000 | 2,857 | 46.6% |
| 16 MAIN ST UNIT D6 | 2026-06 | $405,000 | 2,550 | 54.3% |
| 3 WHISPERING WOODS LN | 2025-01 | $770,000 | 2,790 | 51.7% |
| 348 WEST MOUNTAIN RD | 2025-11 | $525,000 | 2,804 | 74.6% |
| 9 KING ALEX CT | 2025-07 | $830,000 | 3,278 | 59.3% |
| 14 SENECA LAKE TERR | 2026-05 | $791,000 | 2,884 | 52.4% |
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