The Fair Share Report
297 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 $458,980 – $705,416, 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 $522,608 home should be assessed near $312,624.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $19,624 below what the ratio math suggests (6.3%).
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
36%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% |
| 35 SUMMIT TRL | 2025-12 | $435,000 | 1,922 | 65.3% |
| 4 SUMMIT TRL | 2026-05 | $405,000 | 1,871 | 63.9% |
| 245 EAST SHORE TRL | 2026-01 | $515,000 | 2,084 | 58.1% |
| 44 SAGAMORE TRL | 2025-03 | $535,000 | 1,986 | 51.0% |
| 1 BALANCED ROCK TERR | 2025-07 | $763,000 | 2,016 | 41.1% |
| 39 HEIGHWOOD TRL | 2026-03 | $600,000 | 1,731 | 51.9% |
| 273 WEST SHORE TRL | 2025-06 | $899,000 | 2,017 | 37.9% |
| 78 HUNTERS LN | 2025-12 | $445,000 | 1,826 | 58.2% |
| 6 SHAWNEE TRL | 2026-01 | $447,770 | 1,660 | 55.5% |
| 86 SUMMIT RD | 2025-08 | $600,000 | 1,716 | 45.9% |
| 42 MAPLE PKWY | 2025-07 | $1,465,000 | 1,946 | 45.1% |
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