Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07302 | $685,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$685,000
$800/sqft
Bid $
$533,983
Max bid / MAO
Room
~$151,017 over max bid · 22% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$228,568
$267/sqft
ARV
$703,363

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 $ $533,983 · Ask $685,000

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 sqft856 sqft
ARV$703,363
List− $685,000
Rehab− $228,568
Gross profit$-210,205

Contextual market baseline

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

Street locked · 07302 · CONDOS $681,000 · 843 sqft
Street locked · 07302 · CONDOS $711,888 · 837 sqft
Street locked · 07302 · CONDOS $690,000 · 792 sqft

Net pro forma

Includes closing costs & 4.12-month carry

Buy closing (2%)$13,700
Holding carry$34,502
All-in capital$961,770
Sell costs (6%)− $42,202
Net proceeds$661,162
Net profit $-39,118
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

The property exhibits strong structural bones but features dated cosmetic finishes, specifically the cream wall color and flooring. This represents a low-risk cosmetic flip opportunity focusing on modernization to maximize ARV.

Rehab: $228,568

Renovation budget

Total: $228,568
Cosmetic rehab band (856 sqft × $45/sqft) $38,520
Contingency (15%) $5,778

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
23/100
35% weight
hidden repair risk
76/100
25% weight
neighborhood trajectory
20/100
25% weight
condition
70/100
15% weight
Beds
1
Baths
1.0
Sqft
856
Zip
07302

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