The Fair Share Report

349 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

≈ $575,501

Likely range $484,135 – $682,559, from 12 comparable Sparta sales in the past 18 months, at this home's 2,026 sq ft.

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 $575,501 home should be assessed near $344,265.

Step 3 · Assessed value

$357,600

Set at the last town-wide revaluation and mostly frozen since. That's $13,335 above what the ratio math suggests (3.9%).

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

$13,117/yr
Public schools$8,449
Sussex County$2,232
Town of Sparta$2,436
Sparta average$13,693

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

Town median 52.4%
This home · 62.1%

39%79%

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
17 LAMBERT DR2025-10$870,00054.6%
559 WEST MOUNTAIN RD2025-02$519,0002,10457.7%
33 PINKNEYVILLE RD2026-06$645,5001,91645.6%
722 HOUSES CORNER RD2025-09$660,0002,29650.9%
55 MANOR SQ2025-11$460,0001,92552.8%
701 WEST MOUNTAIN RD2025-01$620,0001,81257.0%
79 SUMMIT TRL2025-01$465,0002,11567.5%
2 DOE RUN2025-08$855,0002,50444.3%
32 SUMMER TREE RUN2025-08$630,0002,04445.5%
22 HAYWARD RD2025-06$700,0001,65145.2%
20 WOODLAND TRL2025-07$525,0001,88446.5%
20 WOODLAND TRL2025-04$340,0001,88471.7%

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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 →