Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07307 | $350,000 Flip Analysis — FlipScout
Ask
$350,000
$565/sqft
Bid $
$298,942
Max bid / MAO
Room
ARV check required
vs max bid
Verdict
WALK
ARV/ask > 1.75× — Need ARV check before CLEARS.
Rehab
$275,919
$445/sqft
ARV
$309,106

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 $ $298,942 · Ask $350,000

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.

Flip math

Value-add ARV

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

Implied ARV $/sqft
Subject sqft620 sqft
ARV$309,106
List− $350,000
Rehab− $275,919
Gross profit$-316,814

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 07307

Street locked · 07307 · CONDOS $330,000 · 620 sqft
Street locked · 07307 · CONDOS $339,000 · 600 sqft
Street locked · 07307 · CONDO $365,000 · 644 sqft

Net pro forma

Includes closing costs & 4.65-month carry

Buy closing (2%)$7,000
Holding carry$26,680
All-in capital$659,599
Sell costs (6%)− $18,546
Net proceeds$290,559
Net profit $36,028
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

This historic brick structure offers a solid exterior shell but likely requires comprehensive interior modernization for a successful flip. Investors should budget heavily for systemic updates to electrical, plumbing, and HVAC systems typical of this era.

Rehab: $275,919

Renovation budget

Total: $275,919
Heavy rehab band (620 sqft × $75/sqft) $46,500
Contingency (15%) $6,975

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

07307 (07307) signals softer conditions: margins ~0.9%, DOM ~45 days, avg price drops ~0.0. Tighten ARV and rehab assumptions.

Beds
1
Baths
1.0
Sqft
620
Zip
07307

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