Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07042 | $549,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$549,000
$422/sqft
Bid $
$408,953
Max bid / MAO
Room
~$140,047 over max bid · 26% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$67,275
$52/sqft
ARV
$547,605

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 $ $408,953 · Ask $549,000

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.

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Flip math

Value-add ARV

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

Implied ARV $/sqft
Subject sqft1300 sqft
ARV$547,605
List− $549,000
Rehab− $67,275
Gross profit$-68,670

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%)$10,980
Holding carry$23,557
All-in capital$650,812
Sell costs (6%)− $32,856
Net proceeds$514,749
Net profit $-72,153
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

The property features a solid brick exterior that appears structurally sound, indicating a cosmetic flip opportunity rather than a gut rehabilitation. However, the dated architectural style suggests the interior will require comprehensive modernization to compete in the current market.

Rehab: $67,275

Renovation budget

Total: $67,275
Cosmetic rehab band (1,300 sqft × $45/sqft) $58,500
Contingency (15%) $8,775

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
56/100
25% weight
neighborhood trajectory
20/100
25% weight
condition
60/100
15% weight
Beds
2
Baths
2.0
Sqft
1300
Zip
07042

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