1 Prosper Pl, Sparta, NJ 07871 Property Records

Sussex County and Sparta Township property record for 1 Prosper Pl, Sparta, NJ 07871

Property Summary

Property Type	Apartments (5+ Units)
Lot Size	6.07 acres (264,758 sqft)
Owner	Company Name on Record
Last Sale	$14,650,000 (Jun 2021)
Tax Bill	$113,033 (2025)
Deeds & Mortgages	Jun 2021 Sale & Mortgage Mar 2019 Line of Credit
APN	`18-16001-0000-00004-01`

Property Details

APN / Parcel Number

Primary APN	`18-16001-0000-00004-01`

Interior

Units	38 Units

Exterior

Lot Area	264,758 sqft

Location & Zoning

Street Address	1 PROSPER PL
City	SPARTA
State	NJ
Zip	07871-3588
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Local Zoning Code	PVC
Legal Description	ADDITIONAL LOTS: 38 UNITS
Legal Subdivision	TOWNSHIP/SPARTA
Legal Block	16001
Legal Lot Number	4.1
Jurisdiction	SUSSEX NJ
Township / Civil Division	SPARTA
Census Block Group	4
Census Block	4014
Census Tract	373100

Owner

Source: Sussex County and Sparta Township records, as of July 6, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	414 EAGLE ROCK AVE, 208, WEST ORANGE, NJ 07052-4224
Owner Type	Company

Deeds, Mortgages & Sale History

Date	Document
Jun 16, 2021	Deed, Transfer · Commercial Mortgage TRISTATE CAPITAL BANK
Mar 29, 2019	Trustee's Deed, Transfer · Line of Credit LAKELAND BK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jun 16, 2021 · Amount on Record
Deed Sale	Jun 16, 2021 · Amount on Record
Deed Document Number	202110170760
Deed Book / Page	3593 / 726
Record Updated	Sep 20, 2026

June 2021: Deed, Transfer

Document Type	Deed
Jurisdiction	SUSSEX NJ
Recording Date	Jun 16, 2021
Property Address	1 PROSPER PL, SPARTA, NJ 07871-3588
Document Number	0035930726
Book / Page	3593 / 726
Instrument Date	Apr 2, 2021
Instrument	20210616010170760
Transaction Type	Transfer
Record Updated	Aug 19, 2022
Title Company	TRUE N TITLE SERVICES LLC, TRUE NORTH TITLE SVCS LLC

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$51,275.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name
Address	334 SPARTA AVEB, 334, SPARTA, NJ 07871

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	414 EAGLE ROCK AVE, WEST ORANGE, NJ 07052-4229

Mortgage

Document Number	0099740583
Date	Jun 16, 2021
Book Page	9974/583
Instrument	20210616010170770

Lender

Name	TRISTATE CAPITAL BANK
Type	Bank
Address	PITTSBURGH, PA 15219

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

March 2019: Trustee's Deed, Transfer

Document Type	Trustee's Deed
Jurisdiction	SUSSEX NJ
Recording Date	Mar 29, 2019
Property Address	1 PROSPER PL, SPARTA, NJ 07871-3588
Document Number	0035120747
Book / Page	003512 / 000747
Instrument Date	Feb 22, 2019
Instrument	53820
Transaction Type	Transfer
Record Updated	Apr 29, 2019
Title Company	AMERICAN LAND TITLE ASSOCIATION, AMERICAN LAND TITLE ASSN

Transaction

Tax	$0.00
Additional	Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	334 SPARTA AVE #B SPARTA NJ 078711112, B, SPARTA, NJ 07871-1112

Mortgage

Document Number	96870933
Date	Mar 29, 2019
Book Page	009687/000933
Instrument	53830

Lender

Name	LAKELAND BK
Type	Bank
Address	250 OAK RIDGE RD, OAK RIDGE, NJ 07438-8906

Agreement

Type	Line of Credit
Amount	Amount Recorded

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

Source: Sussex County and Sparta Township assessment roll, as of July 6, 2026

Property Jurisdictions

Type	Name
State	New Jersey
County	Sussex County
County Subdivision	Sparta Township

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$3,081,600 (-) Land $950,000 Building $2,131,600	$3,081,600 (-) Land $950,000 Building $2,131,600
2025	$113,033.00 (+2.2%)	$3,081,600 (-) Land $950,000 Building $2,131,600	$3,081,600 (-) Land $950,000 Building $2,131,600
2024	$110,599.00 (+5.5%)
2023		$3,081,600 Land $950,000 Building $2,131,600	$3,081,600 Land $950,000 Building $2,131,600
2022	$104,836.00

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

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