Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07302 | $515,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$515,000
$820/sqft
Bid $
$400,780
Max bid / MAO
Room
~$114,220 over max bid · 22% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$167,688
$267/sqft
ARV
$516,019

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 $ $400,780 · Ask $515,000

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 sqft628 sqft
ARV$516,019
List− $515,000
Rehab− $167,688
Gross profit$-166,669

Contextual market baseline

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

Street locked · 07302 · CONDO $635,000 · 652 sqft
Street locked · 07302 · CONDOS $700,000 · 744 sqft
Street locked · 07302 · CONDOS $754,600 · 753 sqft

Net pro forma

Includes closing costs & 3.08-month carry

Buy closing (2%)$10,300
Holding carry$19,275
All-in capital$712,262
Sell costs (6%)− $30,961
Net proceeds$485,058
Net profit $-30,872
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

This property presents as a solid cosmetic flip candidate with good architectural bones but dated exterior finishes. Immediate attention is needed for landscaping and exterior paint to boost curb appeal before interior modernization.

Rehab: $167,688

Renovation budget

Total: $167,688
Cosmetic rehab band (628 sqft × $45/sqft) $28,260
Contingency (15%) $4,239

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
56/100
25% weight
neighborhood trajectory
20/100
25% weight
condition
60/100
15% weight
Beds
1
Baths
1.0
Sqft
628
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