Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07042 | $714,990 Flip Analysis — FlipScout
Ask
$714,990
$460/sqft
Bid $
$531,436
Max bid / MAO
Room
~$183,554 over max bid · 26% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$80,523
$52/sqft
ARV
$655,441

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 $ $531,436 · Ask $714,990

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 sqft1556 sqft
ARV$655,441
List− $714,990
Rehab− $80,523
Gross profit$-140,072

Contextual market baseline

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

Street locked · 07042 · SINGLE_FAMILY $1,350,000 · 1660 sqft
Street locked · 07042 · CONDOS $975,000 · 1769 sqft
Street locked · 07042 · SINGLE_FAMILY $950,000 · 1776 sqft

Net pro forma

Includes closing costs & 4.28-month carry

Buy closing (2%)$14,300
Holding carry$31,211
All-in capital$841,023
Sell costs (6%)− $39,326
Net proceeds$616,114
Net profit $-96,465
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

The property presents as a solid cosmetic flip candidate with a stable exterior shell and decent curb appeal. However, the interior likely requires comprehensive modernization of kitchens and baths to achieve maximum after-repair value.

Rehab: $80,523

Renovation budget

Total: $80,523
Cosmetic rehab band (1,556 sqft × $45/sqft) $70,020
Contingency (15%) $10,503

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
1/100
35% weight
hidden repair risk
56/100
25% weight
neighborhood trajectory
20/100
25% weight
condition
60/100
15% weight
Beds
3
Baths
2.0
Sqft
1556
Zip
07042

Similar flips

Same zip or nearby price band — Bid/Pass Tape rows

← Bid/Pass Tape