Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07302 | $599,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$599,000
$745/sqft
Bid $
$469,373
Max bid / MAO
Room
~$129,627 over max bid · 22% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$214,683
$267/sqft
ARV
$660,636

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 $ $469,373 · Ask $599,000

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 sqft804 sqft
ARV$660,636
List− $599,000
Rehab− $214,683
Gross profit$-153,047

Contextual market baseline

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

Street locked · 07302 · CONDOS $690,000 · 792 sqft
Street locked · 07302 · CONDOS $625,000 · 785 sqft
Street locked · 07302 · CONDOS $711,888 · 837 sqft

Net pro forma

Includes closing costs & 4.2-month carry

Buy closing (2%)$11,980
Holding carry$31,327
All-in capital$856,990
Sell costs (6%)− $39,638
Net proceeds$620,998
Net profit $-28,993
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

The property shows a mix of updated elements like white cabinetry alongside dated features such as orange-tone hardwood floors. A cosmetic refresh focusing on flooring and paint is needed to unify the aesthetic for a modern flip.

Rehab: $214,683

Renovation budget

Total: $214,683
Cosmetic rehab band (804 sqft × $45/sqft) $36,180
Contingency (15%) $5,427

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
25/100
35% weight
hidden repair risk
85/100
25% weight
neighborhood trajectory
20/100
25% weight
condition
70/100
15% weight
Beds
1
Baths
1.0
Sqft
804
Zip
07302

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