The Fair Share Report
274 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 $435,463 – $1,287,438, 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 $558,552 home should be assessed near $334,126.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $50,926 below what the ratio math suggests (15.2%).
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
17%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 |
|---|---|---|---|---|
| 42 MAPLE PKWY | 2025-07 | $1,465,000 | 1,946 | 45.1% |
| 35 SUMMIT TRL | 2025-12 | $435,000 | 1,922 | 65.3% |
| 4 SUMMIT TRL | 2026-05 | $405,000 | 1,871 | 63.9% |
| 137 HILLSIDE RD | 2025-09 | $505,000 | 1,688 | 46.9% |
| 82 MAPLE PKWY | 2025-09 | $1,380,000 | 1,789 | 39.3% |
| 17 INDIAN TRL | 2025-12 | $400,000 | 1,646 | 77.6% |
| 39 HEIGHWOOD TRL | 2026-03 | $600,000 | 1,731 | 51.9% |
| 88 STANHOPE RD | 2026-03 | $480,000 | 1,988 | 47.2% |
| 53 OAKWOOD TRL | 2026-03 | $1,720,000 | 2,270 | 36.6% |
| 10 HILLTOP TRL | 2026-04 | $620,000 | 1,668 | 41.8% |
| 377 EAST SHORE TRL | 2026-02 | $529,000 | 1,899 | 50.3% |
| 273 WEST SHORE TRL | 2025-06 | $899,000 | 2,017 | 37.9% |
Is this your house?
Run your own report →