Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07030 | $525,000 Flip Analysis — FlipScout
Ask
$525,000
$727/sqft
Bid $
$386,651
Max bid / MAO
Room
~$138,349 over max bid · 26% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$37,364
$52/sqft
ARV
$621,073

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 $ $386,651 · Ask $525,000

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 sqft722 sqft
ARV$621,073
List− $525,000
Rehab− $37,364
Gross profit$58,709

Contextual market baseline

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

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

Net pro forma

Includes closing costs & 3.49-month carry

Buy closing (2%)$10,500
Holding carry$17,991
All-in capital$590,855
Sell costs (6%)− $37,264
Net proceeds$583,809
Net profit $-78,492
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

The property features solid structural bones with hardwood floors and stainless appliances but suffers from significantly dated aesthetics, specifically the orange wood cabinetry and industrial track lighting. A cosmetic refresh focusing on the kitchen modernization and lighting updates will be required to maximize resale value for a flip.

Rehab: $37,364

Renovation budget

Total: $37,364
Cosmetic rehab band (722 sqft × $45/sqft) $32,490
Contingency (15%) $4,874

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
722
Zip
07030

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