The Fair Share Report
308 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 $347,921 – $468,539, 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 $372,681 home should be assessed near $222,938.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $25,738 below what the ratio math suggests (11.5%).
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
37%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 |
|---|---|---|---|---|
| 159 EAST SHORE TRL | 2026-05 | $489,000 | 1,232 | 54.4% |
| 2 CHERRY TREE LN | 2026-06 | $359,000 | 1,080 | 46.3% |
| 54 HUNTERS LN | 2025-03 | $350,000 | 1,100 | 69.6% |
| 187 EAST SHORE TRL | 2026-05 | $375,000 | 1,165 | 60.5% |
| 44 HILLSIDE RD | 2025-07 | $488,000 | — | 51.1% |
| 36 SAGAMORE TRL | 2025-09 | $375,000 | 970 | 60.7% |
| 11 OAK TREE LN | 2025-07 | $400,000 | 1,186 | 44.9% |
| 16 WILDCAT RD | 2025-03 | $215,000 | 1,140 | 84.4% |
| 96 EAST SHORE TRL | 2026-06 | $1,440,000 | 933 | 34.8% |
| 29 LONGVIEW RD | 2025-03 | $475,000 | 1,140 | 47.3% |
| 8 TYLER ST | 2025-09 | $560,000 | 1,212 | 47.7% |
| 46 SHAWNEE TRL | 2026-06 | $350,001 | 1,300 | 64.9% |
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