Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07030 | $725,000 Flip Analysis — FlipScout
Ask
$725,000
$906/sqft
Bid $
$532,384
Max bid / MAO
Room
~$192,616 over max bid · 27% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$41,400
$52/sqft
ARV
$694,274

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 $ $532,384 · Ask $725,000

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 sqft800 sqft
ARV$694,274
List− $725,000
Rehab− $41,400
Gross profit$-72,126

Contextual market baseline

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

Street locked · 07030 · CONDOS $700,000 · 804 sqft
Street locked · 07030 · CONDOS $825,000 · 812 sqft
Street locked · 07030 · CONDOS $630,000 · 779 sqft

Net pro forma

Includes closing costs & 3.2-month carry

Buy closing (2%)$14,500
Holding carry$22,481
All-in capital$803,381
Sell costs (6%)− $41,656
Net proceeds$652,618
Net profit $-111,850
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

The exterior brick facade is stable but the upper siding and landscaping are dated, requiring curb appeal improvements. Interior finishes are likely original to the building's era, suggesting a need for comprehensive cosmetic updates to maximize resale value.

Rehab: $41,400

Renovation budget

Total: $41,400
Cosmetic rehab band (800 sqft × $45/sqft) $36,000
Contingency (15%) $5,400

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
800
Zip
07030

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