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Street locked · 07030 | $749,900 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$749,900
$1,020/sqft
Bid $
$549,769
Max bid / MAO
Room
~$200,131 over max bid · 27% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$38,036
$52/sqft
ARV
$642,205

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 $ $549,769 · Ask $749,900

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 sqft735 sqft
ARV$642,205
List− $749,900
Rehab− $38,036
Gross profit$-145,731

Contextual market baseline

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

Street locked · 07030 · CONDOS $749,900 · 735 sqft
Street locked · 07030 · CONDOS $606,000 · 730 sqft
Street locked · 07030 · CONDOS $635,000 · 700 sqft

Net pro forma

Includes closing costs & 3.49-month carry

Buy closing (2%)$14,998
Holding carry$25,207
All-in capital$828,141
Sell costs (6%)− $38,532
Net proceeds$603,673
Net profit $-117,514
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

The property exhibits dated finishes, specifically the parquet flooring and older kitchen cabinetry visible in the background, which will require modernization to meet current market standards. While the space appears structurally sound and clean, a comprehensive cosmetic overhaul is necessary to maximize the after-repair value for a flip.

Rehab: $38,036

Renovation budget

Total: $38,036
Cosmetic rehab band (735 sqft × $45/sqft) $33,075
Contingency (15%) $4,961

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
735
Zip
07030

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