The Fair Share Report
295 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 $396,655 – $645,873, 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 $471,268 home should be assessed near $281,913.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $19,413 below what the ratio math suggests (6.9%).
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
35%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 |
|---|---|---|---|---|
| 44 HILLSIDE RD | 2025-07 | $488,000 | — | 51.1% |
| 6 SHAWNEE TRL | 2026-01 | $447,770 | 1,660 | 55.5% |
| 39 HEIGHWOOD TRL | 2026-03 | $600,000 | 1,731 | 51.9% |
| 7 BALSAM PKWY | 2025-03 | $1,300,000 | 1,653 | 40.4% |
| 86 SUMMIT RD | 2025-08 | $600,000 | 1,716 | 45.9% |
| 88 SUMMIT RD | 2025-07 | $445,000 | 1,600 | 52.3% |
| 137 HILLSIDE RD | 2025-09 | $505,000 | 1,688 | 46.9% |
| 17 INDIAN TRL | 2025-12 | $400,000 | 1,646 | 77.6% |
| 4 SUMMIT TRL | 2026-05 | $405,000 | 1,871 | 63.9% |
| 241 ALPINE TRL | 2025-12 | $420,000 | 1,491 | 55.1% |
| 25 WORDSWORTH DR | 2025-06 | $630,000 | 1,700 | 46.1% |
| 78 HUNTERS LN | 2025-12 | $445,000 | 1,826 | 58.2% |
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