Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07302 | $525,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$525,000
$875/sqft
Bid $
$406,802
Max bid / MAO
Room
~$118,198 over max bid · 23% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$160,211
$267/sqft
ARV
$493,012

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 $ $406,802 · Ask $525,000

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 sqft600 sqft
ARV$493,012
List− $525,000
Rehab− $160,211
Gross profit$-192,199

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 · CONDO $371,000 · 495 sqft
Street locked · 07302 · CONDOS $700,000 · 744 sqft

Net pro forma

Includes closing costs & 2.87-month carry

Buy closing (2%)$10,500
Holding carry$18,027
All-in capital$713,738
Sell costs (6%)− $29,581
Net proceeds$463,431
Net profit $-35,250
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

Solid brick shell with good structural bones but requires full interior modernization to compete in the current market. Expect significant mechanical updates regarding electrical and plumbing due to the likely age of the building.

Rehab: $160,211

Renovation budget

Total: $160,211
Cosmetic rehab band (600 sqft × $45/sqft) $27,000
Contingency (15%) $4,050

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
20/100
35% weight
hidden repair risk
56/100
25% weight
neighborhood trajectory
20/100
25% weight
condition
50/100
15% weight
Beds
1
Baths
1.0
Sqft
600
Zip
07302

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