The Fair Share Report
294 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 $768,300 – $1,771,647, from 12 comparable Sparta sales in the past 18 months, at this home's 2,619 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 $1,203,291 home should be assessed near $719,809.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $342,009 below what the ratio math suggests (47.5%).
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
16%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 |
|---|---|---|---|---|
| 10 SOUTH SHORE TRL | 2025-06 | $680,000 | 2,318 | 45.1% |
| 33 RAINBOW TRL | 2025-10 | $1,750,000 | 2,923 | 46.0% |
| 34 EAST SHORE TRL | 2025-07 | $1,750,000 | 2,587 | 38.3% |
| 26 PARK RD | 2025-08 | $640,000 | — | 52.4% |
| 12 AFTERGLOW RD | 2025-08 | $440,000 | — | 49.9% |
| 30 SENECA TRL | 2025-08 | $650,000 | 2,242 | 53.3% |
| 24 PINE CONE LN | 2025-05 | $576,000 | 2,120 | 55.0% |
| 25 ISLAND TRL | 2025-04 | $3,300,000 | 2,955 | 40.6% |
| 14 W CHERRY TREE LN | 2026-05 | $635,000 | 2,322 | 41.3% |
| 36 ISLAND TRL | 2025-07 | $1,600,000 | 2,799 | 65.5% |
| 271 WEST SHORE TRL | 2025-04 | $999,000 | 2,646 | 54.3% |
| 177 WEST SHORE TRL | 2025-06 | $980,000 | 2,133 | 46.3% |
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