Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07030 | $799,000 Flip Analysis — FlipScout
Ask
$799,000
$712/sqft
Bid $
$588,643
Max bid / MAO
Room
~$210,357 over max bid · 26% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$58,064
$52/sqft
ARV
$965,158

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 $ $588,643 · Ask $799,000

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 sqft1122 sqft
ARV$965,158
List− $799,000
Rehab− $58,064
Gross profit$108,094

Contextual market baseline

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

Street locked · 07030 · CONDOS $1,050,000 · 1120 sqft
Street locked · 07030 · CONDOS $1,280,000 · 1104 sqft
Street locked · 07030 · CONDOS $1,900,000 · 1145 sqft

Net pro forma

Includes closing costs & 3.34-month carry

Buy closing (2%)$15,980
Holding carry$26,240
All-in capital$899,284
Sell costs (6%)− $57,910
Net proceeds$907,249
Net profit $-119,035
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

The property presents as a light cosmetic flip with strong bones and excellent natural light in the main living area. While visually clean, the flooring requires refinishing and general cosmetic updates to maximize resale value.

Rehab: $58,064

Renovation budget

Total: $58,064
Cosmetic rehab band (1,122 sqft × $45/sqft) $50,490
Contingency (15%) $7,574

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
2.0
Sqft
1122
Zip
07030

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