The Fair Share Report

305 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.

Step 1 · Market value

≈ $595,804

Likely range $517,531 – $648,087, from 12 comparable Sparta sales in the past 18 months (home size estimated from assessor data — range widened).

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 $595,804 home should be assessed near $356,410.

Step 3 · Assessed value

$265,800

Set at the last town-wide revaluation and mostly frozen since. That's $90,610 below what the ratio math suggests (25.4%).

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

$9,750/yr
Public schools$6,280
Sussex County$1,659
Town of Sparta$1,811
Sparta average$13,693

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

Town median 52.4%
This home · 44.6%

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)

AddressSoldPriceSq ftRatio
169 EAST SHORE TRL2025-09$575,0001,63445.9%
100 ALPINE TRL2025-01$600,0001,71654.1%
270 SPRINGBROOK TR2026-06$615,0001,57646.5%
1 SHAWNEE TRL2025-06$500,0001,45946.6%
82 MAPLE PKWY2025-09$1,380,0001,78939.3%
7 BALSAM PKWY2025-03$1,300,0001,65340.4%
10 HILLTOP TRL2026-04$620,0001,66841.8%
39 HEIGHWOOD TRL2026-03$600,0001,73151.9%
88 STANHOPE RD2026-03$480,0001,98847.2%
23 BIRCH PKWY2025-07$540,0001,73955.2%
86 SUMMIT RD2025-08$600,0001,71645.9%
377 EAST SHORE TRL2026-02$529,0001,89950.3%

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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 →