Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07302 | $659,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$659,000
$832/sqft
Bid $
$512,335
Max bid / MAO
Room
~$146,665 over max bid · 22% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$211,479
$267/sqft
ARV
$650,776

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 $ $512,335 · Ask $659,000

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 sqft792 sqft
ARV$650,776
List− $659,000
Rehab− $211,479
Gross profit$-219,703

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 $754,600 · 753 sqft

Net pro forma

Includes closing costs & 3.52-month carry

Buy closing (2%)$13,180
Holding carry$28,087
All-in capital$911,746
Sell costs (6%)− $39,047
Net proceeds$611,729
Net profit $-40,595
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

The visible living area indicates a property that is structurally sound but cosmetically dated, primarily due to the heavy wear and oxidation on the hardwood flooring. A strategic flip should focus on refinishing floors and painting to brighten the space, while budgeting for potential updates in unseen areas like the kitchen and bath.

Rehab: $211,479

Renovation budget

Total: $211,479
Cosmetic rehab band (792 sqft × $45/sqft) $35,640
Contingency (15%) $5,346

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
22/100
35% weight
hidden repair risk
83/100
25% weight
neighborhood trajectory
20/100
25% weight
condition
60/100
15% weight
Beds
1
Baths
1.0
Sqft
792
Zip
07302

Similar flips

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

WALK Street locked · 07302

Street locked · 07302

Jersey City, NJ 07302

Ask$439,000
Bid $$367,464
RoomARV check required
WALK Street locked · 07302

Street locked · 07302

Jersey City, NJ 07302

Ask$535,000
Bid $$443,980
RoomARV check required
WALK Street locked · 07302

Street locked · 07302

Jersey City, NJ 07302

Ask$630,000
Bid $$511,425
Room~$118,575 over max bid · 19% of ask
WALK Street locked · 07302

Street locked · 07302

Jersey City, NJ 07302

Ask$399,000
Bid $$318,324
Room~$80,676 over max bid · 20% of ask
WALK Street locked · 07302

Street locked · 07302

Jersey City, NJ 07302

Ask$419,000
Bid $$333,783
Room~$85,217 over max bid · 20% of ask
← Bid/Pass Tape