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
$916/sqft
Bid $
$512,977
Max bid / MAO
Room
~$172,023 over max bid · 25% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$35,510
$47/sqft
ARV
$614,621

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 $ $512,977 · 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 sqft748 sqft
ARV$614,621
List− $685,000
Rehab− $35,510
Gross profit$-105,888

Contextual market baseline

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

Street locked · 07302 · CONDOS $700,000 · 744 sqft
Street locked · 07302 · CONDOS $754,600 · 753 sqft
Street locked · 07302 · CONDOS $625,000 · 785 sqft

Net pro forma

Includes closing costs & 3.09-month carry

Buy closing (2%)$13,700
Holding carry$20,408
All-in capital$754,618
Sell costs (6%)− $36,877
Net proceeds$577,744
Net profit $-94,218
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

This property appears to be in pristine, move-in ready condition with high-end finishes and modern aesthetics throughout. No major structural or system upgrades are visibly required, making it a low-risk cosmetic flip or rental hold.

Rehab: $35,510

Renovation budget

Total: $35,510
Turnkey band (748 sqft × $8/sqft) $5,984
Contingency (15%) $898

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.

Beds
1
Baths
1.0
Sqft
748
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