Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07042 | $389,000 Flip Analysis — FlipScout
Ask
$389,000
$492/sqft
Bid $
$288,655
Max bid / MAO
Room
~$100,345 over max bid · 26% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$40,882
$52/sqft
ARV
$332,775

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 $ $288,655 · Ask $389,000

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 sqft790 sqft
ARV$332,775
List− $389,000
Rehab− $40,882
Gross profit$-97,107

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%)$7,780
Holding carry$16,432
All-in capital$454,094
Sell costs (6%)− $19,967
Net proceeds$312,809
Net profit $-53,513
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

Solid brick structure with heavy cosmetic deferred maintenance visible from the street. Investor should budget for full interior modernization and potential system upgrades typical of this vintage.

Rehab: $40,882

Renovation budget

Total: $40,882
Cosmetic rehab band (790 sqft × $45/sqft) $35,550
Contingency (15%) $5,332

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
0/100
35% weight
hidden repair risk
50/100
25% weight
neighborhood trajectory
20/100
25% weight
condition
50/100
15% weight
Beds
1
Baths
1.0
Sqft
790
Zip
07042

Similar flips

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

← Bid/Pass Tape