Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07042 | $450,000 Flip Analysis — FlipScout
Ask
$450,000
$409/sqft
Bid $
$335,499
Max bid / MAO
Room
~$114,501 over max bid · 25% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$56,925
$52/sqft
ARV
$463,358

Clearance (C) — bid physics. C = Bid $ ÷ Ask. We don't mint fake CLEARS. CLEARS · BID TARGET · WALK

Free: tape numbers + 3 Bid Checks/mo. Pro $15/mo: unlimited Bid Checks · streets + Deal Architecture.

Deal Architecture · Pro

Bid $ $335,499 · Ask $450,000

Walk-away max bid is free above — same math as the Bid/Pass Tape. Live waterfall, health, controls, and rehab bands unlock with Pro. We do not show a hollow OUR EDGE with empty dashes.

Flip math

Value-add ARV

ARV = adjusted list + (rehab × 1.5) · zip avm

Implied ARV $/sqft
Subject sqft1100 sqft
ARV$463,358
List− $450,000
Rehab− $56,925
Gross profit$-43,567

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 07042

Street locked · 07042 · CONDOS $555,500 · 1300 sqft
Street locked · 07042 · SINGLE_FAMILY $1,350,000 · 1660 sqft
Street locked · 07042 · CONDOS $975,000 · 1769 sqft

Net pro forma

Includes closing costs & 4.17-month carry

Buy closing (2%)$9,000
Holding carry$19,377
All-in capital$535,302
Sell costs (6%)− $27,801
Net proceeds$435,556
Net profit $-58,514
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

The exterior brick shell appears structurally sound with maintained grounds, offering a solid base for investment. However, the building's age suggests significant interior modernization is required to meet current market standards for a successful flip.

Rehab: $56,925

Renovation budget

Total: $56,925
Cosmetic rehab band (1,100 sqft × $45/sqft) $49,500
Contingency (15%) $7,425

Rehab from historical Condition Tier $/sqft band × subject sqft — not vision-invented GC quotes. Verify with a licensed contractor before closing.

Neighborhood & Apex

Trajectory: Declining

Montclair (07042) signals softer conditions: margins ~5.6%, DOM ~45 days, avg price drops ~0.0. Tighten ARV and rehab assumptions.

Apex breakdown

Threshold 85+ = Apex Hot

profit margin
2/100
35% weight
hidden repair risk
63/100
25% weight
neighborhood trajectory
20/100
25% weight
condition
50/100
15% weight
Beds
2
Baths
2.0
Sqft
1100
Zip
07042

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