Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07042 | $699,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$699,000
$435/sqft
Bid $
$520,271
Max bid / MAO
Room
~$178,729 over max bid · 26% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$83,110
$52/sqft
ARV
$676,503

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 $ $520,271 · Ask $699,000

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 sqft1606 sqft
ARV$676,503
List− $699,000
Rehab− $83,110
Gross profit$-105,607

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%)$13,980
Holding carry$30,685
All-in capital$826,775
Sell costs (6%)− $40,590
Net proceeds$635,912
Net profit $-92,763
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

This Victorian-era property presents a classic cosmetic flip opportunity with significant systemic risks due to its age and complex roofline. While the exterior structure appears sound, the overgrown landscaping and dated facade suggest a full interior modernization is required to maximize ARV.

Rehab: $83,110

Renovation budget

Total: $83,110
Cosmetic rehab band (1,606 sqft × $45/sqft) $72,270
Contingency (15%) $10,840

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
30/100
25% weight
neighborhood trajectory
20/100
25% weight
condition
50/100
15% weight
Beds
3
Baths
2.0
Sqft
1606
Zip
07042

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