The Fair Share Report
282 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 $484,141 – $787,498, 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 $569,270 home should be assessed near $340,537.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $33,837 below what the ratio math suggests (9.9%).
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
33%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 |
|---|---|---|---|---|
| 583 WEST SHORE TRL | 2026-04 | $725,000 | 2,037 | 43.2% |
| 583 WEST SHORE TRL | 2025-09 | $400,000 | 2,037 | 78.2% |
| 273 WEST SHORE TRL | 2025-06 | $899,000 | 2,017 | 37.9% |
| 380 EAST SHORE TRL | 2026-01 | $525,000 | 1,850 | 52.3% |
| 377 EAST SHORE TRL | 2026-02 | $529,000 | 1,899 | 50.3% |
| 1 BALANCED ROCK TERR | 2025-07 | $763,000 | 2,016 | 41.1% |
| 8 ST MARYS PL | 2026-01 | $550,000 | 2,221 | 52.6% |
| 45 HICKORY TRL | 2025-09 | $780,000 | 2,072 | 53.0% |
| 44 SAGAMORE TRL | 2025-03 | $535,000 | 1,986 | 51.0% |
| 203 ALPINE TRL | 2025-04 | $750,000 | 2,058 | 44.4% |
| 1 POWDER HORN GREEN | 2025-01 | $850,000 | 2,218 | 60.3% |
| 100 ALPINE TRL | 2025-01 | $600,000 | 1,716 | 54.1% |
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