The Fair Share Report

252 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

≈ $528,261

Likely range $414,027 – $589,906, 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 $528,261 home should be assessed near $316,006.

Step 3 · Assessed value

$291,300

Set at the last town-wide revaluation and mostly frozen since. That's $24,706 below what the ratio math suggests (7.8%).

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

$10,685/yr
Public schools$6,882
Sussex County$1,818
Town of Sparta$1,984
Sparta average$13,693

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

Town median 52.4%
This home · 55.1%

39%76%

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%
111 SENECA LAKE RD2025-04$445,0001,86065.0%
16 WOODLAND TRL2026-04$550,0001,60846.9%
16 WOODLAND TRL2025-01$425,0001,60860.7%
10 MILDRED DR2025-12$525,0001,87455.4%
13 GREEN APPLE RD2025-06$650,0001,74045.1%
9 VALLEY VIEW TRL2025-11$540,0001,45954.0%
86 SUMMIT RD2025-08$600,0001,71645.9%
6 SHAWNEE TRL2026-01$447,7701,66055.5%
7 BALSAM PKWY2025-03$1,300,0001,65340.4%
78 HUNTERS LN2025-12$445,0001,82658.2%
36 BRIDLE WAY2026-03$430,0001,67752.0%

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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 →