Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07030 | $469,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$469,000
$739/sqft
Bid $
$345,323
Max bid / MAO
Room
~$123,677 over max bid · 26% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$32,861
$52/sqft
ARV
$551,080

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 $ $345,323 · Ask $469,000

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 sqft635 sqft
ARV$551,080
List− $469,000
Rehab− $32,861
Gross profit$49,219

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%)$9,380
Holding carry$18,264
All-in capital$529,505
Sell costs (6%)− $33,065
Net proceeds$518,015
Net profit $-70,302
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

This property presents as a light cosmetic rehab with significant mechanical updates required, specifically the replacement of the wall-unit heating with central HVAC. While the interior surfaces are clean, the lack of modern amenities and potential electrical limitations define the investment scope.

Rehab: $32,861

Renovation budget

Total: $32,861
Cosmetic rehab band (635 sqft × $45/sqft) $28,575
Contingency (15%) $4,286

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
635
Zip
07030

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