The Fair Share Report
277 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 $507,683 – $654,041, from 12 comparable Sparta sales in the past 18 months, at this home's 2,122 sq ft.
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 $612,115 home should be assessed near $366,167.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $35,667 below what the ratio math suggests (9.7%).
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 |
|---|---|---|---|---|
| 43 MAPLE PKWY | 2025-09 | $525,000 | 1,998 | 56.2% |
| 126 HILLTOP TRL | 2025-12 | $535,000 | 2,062 | 52.3% |
| 32 SUMMER TREE RUN | 2025-08 | $630,000 | 2,044 | 45.5% |
| 14 WHIPPOORWILL LN | 2025-02 | $600,000 | 2,080 | 47.8% |
| 37 GREEN APPLE RD | 2025-05 | $630,000 | 2,076 | 48.0% |
| 79 SUMMIT TRL | 2025-01 | $465,000 | 2,115 | 67.5% |
| 99 VALLEY VIEW TRL | 2025-10 | $600,000 | 1,872 | 46.0% |
| 12 MARGARET TER | 2026-05 | $480,000 | 2,122 | 42.2% |
| 111 SENECA LAKE RD | 2025-04 | $445,000 | 1,860 | 65.0% |
| 36 TYLER ST | 2025-11 | $615,000 | 2,336 | 52.9% |
| 203 ALPINE TRL | 2025-04 | $750,000 | 2,058 | 44.4% |
| 72 CASTLEWOOD TRL | 2025-12 | $455,000 | 2,118 | 56.7% |
Is this your house?
Run your own report →