Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07302 | $699,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$699,000
$752/sqft
Bid $
$547,372
Max bid / MAO
Room
~$151,628 over max bid · 22% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$248,330
$267/sqft
ARV
$764,168

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 $ $547,372 · Ask $699,000

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.

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Flip math

Value-add ARV

ARV = adjusted list + (rehab × 1.5) · zip avm

Implied ARV $/sqft
Subject sqft930 sqft
ARV$764,168
List− $699,000
Rehab− $248,330
Gross profit$-183,162

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 · 930 sqft
Street locked · 07302 · CONDOS $908,000 · 936 sqft
Street locked · 07302 · SINGLE_FAMILY $923,000 · 984 sqft

Net pro forma

Includes closing costs & 3.92-month carry

Buy closing (2%)$13,980
Holding carry$34,041
All-in capital$995,351
Sell costs (6%)− $45,850
Net proceeds$718,318
Net profit $-34,605
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

This property presents a solid cosmetic flip opportunity with dated finishes that are easily correctable. The primary value-add lies in refinishing the hardwood floors and modernizing the HVAC system to appeal to contemporary buyers.

Rehab: $248,330

Renovation budget

Total: $248,330
Cosmetic rehab band (930 sqft × $45/sqft) $41,850
Contingency (15%) $6,278

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
70/100
25% weight
neighborhood trajectory
20/100
25% weight
condition
60/100
15% weight
Beds
2
Baths
1.0
Sqft
930
Zip
07302

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