Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07307 | $549,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$549,000
$812/sqft
Bid $
$427,526
Max bid / MAO
Room
~$121,474 over max bid · 22% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$180,505
$267/sqft
ARV
$321,414

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 $ $427,526 · Ask $549,000

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 sqft676 sqft
ARV$321,414
List− $549,000
Rehab− $180,505
Gross profit$-408,091

Contextual market baseline

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

Street locked · 07307 · CONDOS $315,000 · 700 sqft
Street locked · 07307 · CONDO $365,000 · 644 sqft
Street locked · 07307 · CONDOS $330,000 · 620 sqft

Net pro forma

Includes closing costs & 5.53-month carry

Buy closing (2%)$10,980
Holding carry$36,980
All-in capital$777,464
Sell costs (6%)− $19,285
Net proceeds$302,129
Net profit $-32,296
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

The rooftop terrace is a strong selling point with intact hardscaping, but the waterproofing membrane beneath the pavers poses a significant financial risk. Interior conditions are not visible, but a property with this outdoor amenity typically requires high-end interior finishes to justify the price point.

Rehab: $180,505

Renovation budget

Total: $180,505
Cosmetic rehab band (676 sqft × $45/sqft) $30,420
Contingency (15%) $4,563

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.

Apex breakdown

Threshold 85+ = Apex Hot

profit margin
22/100
35% weight
hidden repair risk
50/100
25% weight
neighborhood trajectory
20/100
25% weight
condition
60/100
15% weight
Beds
2
Baths
2.0
Sqft
676
Zip
07307

Similar flips

Same zip or nearby price band — Bid/Pass Tape rows

WALK Street locked · 07307

Street locked · 07307

Jersey City, NJ 07307

Ask$375,000
Bid $$314,813
RoomARV check required
WALK Street locked · 07307

Street locked · 07307

Jersey City, NJ 07307

Ask$325,000
Bid $$267,579
RoomARV check required
WALK Street locked · 07307

Street locked · 07307

Jersey City, NJ 07307

Ask$539,000
Bid $$438,932
RoomARV check required
WALK Street locked · 07307

Street locked · 07307

Jersey City, NJ 07307

Ask$569,000
Bid $$463,046
RoomARV check required
WALK Street locked · 07307

Street locked · 07307

Jersey City, NJ 07307

Ask$305,000
Bid $$248,134
RoomARV check required
← Bid/Pass Tape