The Fair Share Report
44 Ely Ln
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 $709,032 – $908,524, 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 $807,256 home should be assessed near $482,901.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $13,801 below what the ratio math suggests (2.9%).
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
39%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 |
|---|---|---|---|---|
| 558 WEST MOUNTAIN RD | 2025-06 | $716,000 | 2,682 | 55.0% |
| 3 MT PLEASANT RD | 2025-07 | $870,000 | 2,740 | 49.1% |
| 348 WEST MOUNTAIN RD | 2025-11 | $525,000 | 2,804 | 74.6% |
| 188 SAWMILL RD | 2025-07 | $940,000 | 3,484 | 55.5% |
| 10 MT PLEASANT RD | 2026-04 | $915,000 | 3,167 | 47.9% |
| 1 BRENTWOOD CT | 2025-11 | $780,000 | 2,810 | 50.7% |
| 155 ANDOVER RD | 2025-07 | $750,000 | 3,192 | 50.4% |
| 76 MOUNTAIN SPRING DR | 2026-06 | $989,052 | 3,785 | 56.7% |
| 40 HAYWARD RD | 2026-03 | $700,000 | 2,344 | 49.8% |
| 200 SAWMILL RD | 2025-05 | $740,000 | 3,326 | 56.8% |
| 33 BEL AIR DR | 2025-09 | $830,000 | 3,432 | 52.4% |
| 7 LINKS CT | 2025-07 | $870,000 | 2,666 | 51.5% |
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