The Fair Share Report

326 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

≈ $522,356

Likely range $480,778 – $629,135, 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 $522,356 home should be assessed near $312,473.

Step 3 · Assessed value

$258,200

Set at the last town-wide revaluation and mostly frozen since. That's $54,273 below what the ratio math suggests (17.4%).

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

$9,471/yr
Public schools$6,100
Sussex County$1,612
Town of Sparta$1,759
Sparta average$13,693

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

Town median 52.4%
This home · 49.4%

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
10 HILLTOP TRL2026-04$620,0001,66841.8%
97 EAST SHORE TRL2025-07$552,0001,60247.2%
23 EAST SHORE TRL2025-12$485,0001,53253.5%
17 INDIAN TRL2025-12$400,0001,64677.6%
82 MAPLE PKWY2025-09$1,380,0001,78939.3%
137 HILLSIDE RD2025-09$505,0001,68846.9%
97 SPRINGBROOK TRL2026-03$485,0001,56850.6%
18 SENECA TRL2025-08$435,0001,47456.3%
169 EAST SHORE TRL2025-09$575,0001,63445.9%
42 MAPLE PKWY2025-07$1,465,0001,94645.1%
39 HEIGHWOOD TRL2026-03$600,0001,73151.9%
88 SUMMIT RD2025-07$445,0001,60052.3%

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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 →