Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07030 | $515,000 Flip Analysis — FlipScout
Ask
$515,000
$842/sqft
Bid $
$378,469
Max bid / MAO
Room
~$136,531 over max bid · 27% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$31,671
$52/sqft
ARV
$526,450

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 $ $378,469 · Ask $515,000

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 sqft612 sqft
ARV$526,450
List− $515,000
Rehab− $31,671
Gross profit$-20,221

Contextual market baseline

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

Street locked · 07030 · CONDOS $625,000 · 633 sqft
Street locked · 07030 · CONDOS $595,000 · 665 sqft
Street locked · 07030 · CONDOS $620,000 · 699 sqft

Net pro forma

Includes closing costs & 3.97-month carry

Buy closing (2%)$10,300
Holding carry$19,894
All-in capital$576,865
Sell costs (6%)− $31,587
Net proceeds$494,863
Net profit $-78,750
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

This property appears to be a cosmetic flip candidate requiring modernization of finishes rather than structural work. The visible living area shows dated paint and worn flooring that will need updating to maximize resale value.

Rehab: $31,671

Renovation budget

Total: $31,671
Cosmetic rehab band (612 sqft × $45/sqft) $27,540
Contingency (15%) $4,131

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
1
Baths
1.0
Sqft
612
Zip
07030

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