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Street locked · 07302 | $790,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$790,000
$1,019/sqft
Bid $
$606,540
Max bid / MAO
Room
~$183,460 over max bid · 23% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$206,938
$267/sqft
ARV
$627,693

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 $ $606,540 · Ask $790,000

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.

Go Pro $15/mo MAO calculator
Flip math

Value-add ARV

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

Implied ARV $/sqft
Subject sqft775 sqft
ARV$627,693
List− $790,000
Rehab− $206,938
Gross profit$-369,245

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 07302

Street locked · 07302 · CONDOS $625,000 · 785 sqft
Street locked · 07302 · CONDOS $690,000 · 792 sqft
Street locked · 07302 · CONDOS $754,600 · 753 sqft

Net pro forma

Includes closing costs & 3.52-month carry

Buy closing (2%)$15,800
Holding carry$32,168
All-in capital$1,044,906
Sell costs (6%)− $37,662
Net proceeds$590,031
Net profit $-65,060
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

This property appears to be a large commercial high-rise or luxury condo tower rather than a standard single-family residential flip. The exterior facade and landscaping appear dated, suggesting significant capital expenditure would be required for modernization or conversion.

Rehab: $206,938

Renovation budget

Total: $206,938
Cosmetic rehab band (775 sqft × $45/sqft) $34,875
Contingency (15%) $5,231

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

Jersey City (07302) signals softer conditions: margins ~0.3%, DOM ~45 days, avg price drops ~0.0. Tighten ARV and rehab assumptions.

Apex breakdown

Threshold 85+ = Apex Hot

profit margin
16/100
35% weight
hidden repair risk
0/100
25% weight
neighborhood trajectory
20/100
25% weight
condition
50/100
15% weight
Beds
1
Baths
1.0
Sqft
775
Zip
07302

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