Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07030 | $715,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$715,000
$881/sqft
Bid $
$525,127
Max bid / MAO
Room
~$189,873 over max bid · 27% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$42,021
$52/sqft
ARV
$698,493

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 $ $525,127 · Ask $715,000

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 sqft812 sqft
ARV$698,493
List− $715,000
Rehab− $42,021
Gross profit$-58,528

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 07030

Street locked · 07030 · CONDOS $825,000 · 812 sqft
Street locked · 07030 · CONDOS $700,000 · 804 sqft
Street locked · 07030 · CONDOS $830,000 · 827 sqft

Net pro forma

Includes closing costs & 3.48-month carry

Buy closing (2%)$14,300
Holding carry$24,149
All-in capital$795,470
Sell costs (6%)− $41,910
Net proceeds$656,583
Net profit $-110,019
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

The exterior stone facade appears structurally sound but dated, indicating a property that requires a full interior modernization to compete in the current market. Investors should budget for significant system upgrades (electrical/plumbing) typical of homes from this era alongside cosmetic overhauls.

Rehab: $42,021

Renovation budget

Total: $42,021
Cosmetic rehab band (812 sqft × $45/sqft) $36,540
Contingency (15%) $5,481

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

07030 (07030) signals softer conditions: margins ~-0.4%, DOM ~45 days, avg price drops ~0.0. Tighten ARV and rehab assumptions.

Beds
2
Baths
1.0
Sqft
812
Zip
07030

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