The Fair Share Report
8 Wallkill 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $502,502 – $744,546, 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 $550,213 home should be assessed near $329,137.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $4,337 below what the ratio math suggests (1.3%).
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
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 203 ALPINE TRL | 2025-04 | $750,000 | 2,058 | 44.4% |
| 10 MILDRED DR | 2025-12 | $525,000 | 1,874 | 55.4% |
| 44 SAGAMORE TRL | 2025-03 | $535,000 | 1,986 | 51.0% |
| 78 HUNTERS LN | 2025-12 | $445,000 | 1,826 | 58.2% |
| 1 BALANCED ROCK TERR | 2025-07 | $763,000 | 2,016 | 41.1% |
| 583 WEST SHORE TRL | 2026-04 | $725,000 | 2,037 | 43.2% |
| 583 WEST SHORE TRL | 2025-09 | $400,000 | 2,037 | 78.2% |
| 126 HILLTOP TRL | 2025-12 | $535,000 | 2,062 | 52.3% |
| 111 SENECA LAKE RD | 2025-04 | $445,000 | 1,860 | 65.0% |
| 43 MAPLE PKWY | 2025-09 | $525,000 | 1,998 | 56.2% |
| 380 EAST SHORE TRL | 2026-01 | $525,000 | 1,850 | 52.3% |
| 28 SAGAMORE TRL | 2025-08 | $595,000 | 1,764 | 48.4% |
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