The Fair Share Report
264 Springbrook Tr
Sparta, NJ 07676
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 $461,727 – $575,692, 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 $507,309 home should be assessed near $303,472.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $25,272 below what the ratio math suggests (8.3%).
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 |
|---|---|---|---|---|
| 66 CONESTOGA TRL | 2025-06 | $480,000 | 1,542 | 54.0% |
| 21 GLEN RD | 2025-01 | $415,000 | 1,430 | 53.1% |
| 141 HILLSIDE RD | 2025-11 | $585,000 | 1,388 | 43.0% |
| 16 COLUMBUS RD | 2026-06 | $500,000 | 1,453 | 57.5% |
| 26 PARK RD | 2025-08 | $640,000 | — | 52.4% |
| 172 ALPINE TRL | 2026-01 | $495,000 | 1,587 | 48.9% |
| 3 HAYES LN | 2025-12 | $615,000 | 1,346 | 46.4% |
| 24 WEST WINDY BUSH LN | 2025-10 | $524,500 | 1,556 | 52.0% |
| 21 SENECA TRL | 2025-12 | $459,900 | 1,487 | 53.0% |
| 100 ALPINE TRL | 2025-01 | $600,000 | 1,716 | 54.1% |
| 6 SUMMIT TER | 2025-03 | $300,000 | 1,440 | 90.6% |
| 270 SPRINGBROOK TR | 2026-06 | $615,000 | 1,576 | 46.5% |
Is this your house?
Run your own report →