The Fair Share Report

35 Springbrook Trl

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

≈ $468,081

Likely range $415,986 – $629,707, 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 $468,081 home should be assessed near $280,006.

Step 3 · Assessed value

$276,000

Set at the last town-wide revaluation and mostly frozen since. That's $4,006 below what the ratio math suggests (1.4%).

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

$10,124/yr
Public schools$6,521
Sussex County$1,723
Town of Sparta$1,880
Sparta average$13,693

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

Town median 52.4%
This home · 59.0%

38%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
2 CARRIAGE LN2026-01$399,0001,79457.4%
16 WOODLAND TRL2026-04$550,0001,60846.9%
16 WOODLAND TRL2025-01$425,0001,60860.7%
10 MILDRED DR2025-12$525,0001,87455.4%
36 BRIDLE WAY2026-03$430,0001,67752.0%
111 SENECA LAKE RD2025-04$445,0001,86065.0%
13 GREEN APPLE RD2025-06$650,0001,74045.1%
78 HUNTERS LN2025-12$445,0001,82658.2%
42 CARRIAGE LN2025-08$428,5001,89653.1%
149 SADDLEBACK CT2025-11$400,0001,89657.1%
148 SADDLEBACK CT2025-01$470,0001,89650.5%
25 WORDSWORTH DR2025-06$630,0001,70046.1%

Is this your house?

Run your own report →

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 →