The Fair Share Report

6 Beech Rd

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

≈ $886,451

Likely range $822,323 – $998,173, from 12 comparable Sparta sales in the past 18 months, at this home's 3,379 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 $886,451 home should be assessed near $530,275.

Step 3 · Assessed value

$401,600

Set at the last town-wide revaluation and mostly frozen since. That's $128,675 below what the ratio math suggests (24.3%).

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

$14,731/yr
Public schools$9,488
Sussex County$2,507
Town of Sparta$2,736
Sparta average$13,693

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

Town median 52.4%
This home · 45.3%

35%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
3 FAITHANN WAY2026-05$990,0003,17452.2%
346 SPRINGBROOK TR2025-04$645,0002,89465.6%
22 FOX TRAIL RD2025-10$785,0002,59053.5%
5 PHEASANT WALK2026-05$975,0003,36149.4%
49 HIDDEN GLEN DR2025-10$890,0003,22248.2%
16 MAIN ST UNIT D62026-06$405,0002,55054.3%
4 LINDSAY LN2025-09$870,0003,25456.9%
7 BUTTERNUT WAY2025-04$880,0002,91446.1%
2 MALIBU DR2025-08$825,0003,39061.9%
43 RICHMOND HILL DR2025-09$889,0003,59253.3%
12 HAYWARD RD2025-08$807,5003,24450.7%
2 SKYVIEW DR2025-09$975,0003,96960.8%

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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 →