The Fair Share Report
249 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $396,678 – $574,544, 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 $487,376 home should be assessed near $291,548.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $8,248 below what the ratio math suggests (2.8%).
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%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 55 VALLEY VIEW TRL | 2025-08 | $600,000 | 1,970 | 48.3% |
| 2 CARRIAGE LN | 2026-01 | $399,000 | 1,794 | 57.4% |
| 6 MARGARET TER | 2025-11 | $422,000 | — | 49.0% |
| 42 CARRIAGE LN | 2025-08 | $428,500 | 1,896 | 53.1% |
| 149 SADDLEBACK CT | 2025-11 | $400,000 | 1,896 | 57.1% |
| 148 SADDLEBACK CT | 2025-01 | $470,000 | 1,896 | 50.5% |
| 8 CARDINAL DR | 2025-08 | $700,000 | — | 49.8% |
| 2 MARGARET TER | 2026-04 | $410,000 | 1,948 | 47.6% |
| 36 BRIDLE WAY | 2026-03 | $430,000 | 1,677 | 52.0% |
| 36 OAKWOOD TRL | 2025-09 | $645,000 | 1,849 | 50.3% |
| 103 VALLEY VIEW TR | 2025-12 | $600,000 | 1,974 | 48.3% |
| 25 WORDSWORTH DR | 2025-06 | $630,000 | 1,700 | 46.1% |
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