The Fair Share Report

233 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

≈ $466,667

Likely range $390,020 – $587,077, 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 $466,667 home should be assessed near $279,160.

Step 3 · Assessed value

$280,200

Set at the last town-wide revaluation and mostly frozen since. That's $1,040 above what the ratio math suggests (0.4%).

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

$10,278/yr
Public schools$6,620
Sussex County$1,749
Town of Sparta$1,909
Sparta average$13,693

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

Town median 52.4%
This home · 60.0%

39%77%

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
3 LAKESIDE PL2025-12$575,0001,68853.6%
2 CARRIAGE LN2026-01$399,0001,79457.4%
149 SADDLEBACK CT2025-11$400,0001,89657.1%
148 SADDLEBACK CT2025-01$470,0001,89650.5%
42 CARRIAGE LN2025-08$428,5001,89653.1%
36 BRIDLE WAY2026-03$430,0001,67752.0%
103 VALLEY VIEW TR2025-12$600,0001,97448.3%
99 VALLEY VIEW TRL2025-10$600,0001,87246.0%
20 WOODLAND TRL2025-07$525,0001,88446.5%
20 WOODLAND TRL2025-04$340,0001,88471.7%
43 MAPLE PKWY2025-09$525,0001,99856.2%
111 SENECA LAKE RD2025-04$445,0001,86065.0%

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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 →