The Fair Share Report
24 Wallkill 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 $406,204 – $659,639, 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 $428,451 home should be assessed near $256,299.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $7,999 below what the ratio math suggests (3.1%).
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
32%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 |
|---|---|---|---|---|
| 44 HILLSIDE RD | 2025-07 | $488,000 | — | 51.1% |
| 6 SHAWNEE TRL | 2026-01 | $447,770 | 1,660 | 55.5% |
| 88 SUMMIT RD | 2025-07 | $445,000 | 1,600 | 52.3% |
| 13 WALLKILL RD | 2025-10 | $560,000 | 1,362 | 46.9% |
| 241 ALPINE TRL | 2025-12 | $420,000 | 1,491 | 55.1% |
| 86 SUMMIT RD | 2025-08 | $600,000 | 1,716 | 45.9% |
| 99 SUMMIT RD | 2025-06 | $705,000 | 1,392 | 38.9% |
| 21 SPRINGBROOK TRL | 2026-02 | $510,000 | 1,382 | 43.8% |
| 46 SHAWNEE TRL | 2026-06 | $350,001 | 1,300 | 64.9% |
| 7 BALSAM PKWY | 2025-03 | $1,300,000 | 1,653 | 40.4% |
| 39 HEIGHWOOD TRL | 2026-03 | $600,000 | 1,731 | 51.9% |
| 43 HILLTOP TRL | 2025-11 | $360,000 | 1,460 | 70.1% |
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