The Fair Share Report

44 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

≈ $505,535

Likely range $380,084 – $625,470, 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 $505,535 home should be assessed near $302,411.

Step 3 · Assessed value

$238,900

Set at the last town-wide revaluation and mostly frozen since. That's $63,511 below what the ratio math suggests (21.0%).

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

$8,763/yr
Public schools$5,644
Sussex County$1,491
Town of Sparta$1,627
Sparta average$13,693

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

Town median 52.4%
This home · 47.3%

33%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
99 SUMMIT RD2025-06$705,0001,39238.9%
5 SHELLEY CT2026-05$625,0001,43844.0%
13 WALLKILL RD2025-10$560,0001,36246.9%
6 SHAWNEE TRL2026-01$447,7701,66055.5%
46 SHAWNEE TRL2026-06$350,0011,30064.9%
8 CARDINAL DR2025-08$700,00049.8%
16 WOODLAND TRL2026-04$550,0001,60846.9%
16 WOODLAND TRL2025-01$425,0001,60860.7%
9 VALLEY VIEW TRL2025-11$540,0001,45954.0%
21 SPRINGBROOK TRL2026-02$510,0001,38243.8%
241 ALPINE TRL2025-12$420,0001,49155.1%
36 BRIDLE WAY2026-03$430,0001,67752.0%

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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 →