The Fair Share Report
312 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 $526,979 – $1,367,223, 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 $615,752 home should be assessed near $368,343.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $66,943 below what the ratio math suggests (18.2%).
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
17%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 |
|---|---|---|---|---|
| 88 STANHOPE RD | 2026-03 | $480,000 | 1,988 | 47.2% |
| 177 WEST SHORE TRL | 2025-06 | $980,000 | 2,133 | 46.3% |
| 377 EAST SHORE TRL | 2026-02 | $529,000 | 1,899 | 50.3% |
| 4 ARROWHEAD TRL | 2026-04 | $1,235,000 | 1,955 | 48.4% |
| 24 PINE CONE LN | 2025-05 | $576,000 | 2,120 | 55.0% |
| 30 SENECA TRL | 2025-08 | $650,000 | 2,242 | 53.3% |
| 273 WEST SHORE TRL | 2025-06 | $899,000 | 2,017 | 37.9% |
| 1 BALANCED ROCK TERR | 2025-07 | $763,000 | 2,016 | 41.1% |
| 42 SOUTH SHORE TRL | 2025-08 | $700,000 | 2,260 | 50.3% |
| 168 EAST SHORE TRL | 2025-04 | $1,525,000 | 1,936 | 38.9% |
| 380 EAST SHORE TRL | 2026-01 | $525,000 | 1,850 | 52.3% |
| 82 MAPLE PKWY | 2025-09 | $1,380,000 | 1,789 | 39.3% |
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