The Fair Share Report

29 Beech Rd

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

≈ $384,798

Likely range $351,000 – $443,798, from 12 comparable Sparta sales in the past 18 months, at this home's 864 sq ft.

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 $384,798 home should be assessed near $230,186.

Step 3 · Assessed value

$144,200

Set at the last town-wide revaluation and mostly frozen since. That's $85,986 below what the ratio math suggests (37.4%).

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

$5,289/yr
Public schools$3,407
Sussex County$900
Town of Sparta$982
Sparta average$13,693

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

Town median 52.4%
This home · 37.5%

27%74%

Keep quiet and enjoy it

This home's assessment ratio sits below the Sparta pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
72 SPRINGBROOK TRL2025-11$411,00086453.8%
112 HILLTOP TRL2025-02$325,00080056.9%
76 HILLSIDE RD2026-02$402,00091351.7%
21 OAK TREE LN2025-02$360,00082540.4%
425 WEST SHORE TRL2025-02$489,00095244.9%
54 HILLSIDE RD2026-04$465,00098645.3%
249 WEST SHORE TRL2025-09$450,00084547.2%
123 HILLTOP TRL2025-02$425,00081042.7%
190 WEST SHORE TRL2026-03$225,0001,03867.7%
5 LINCOLN DR2025-06$390,0001,00838.4%
139 HILLTOP TRL2025-01$400,0011,04851.0%
121 HILLSIDE RD2025-02$360,00085054.9%

Is this your house?

Run your own report →

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 →