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Street locked · 07306 | $359,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$359,000
$524/sqft
Bid $
$290,208
Max bid / MAO
Room
~$68,792 over max bid · 19% of ask
vs max bid
Verdict
BID TARGET
Negotiate to $290,208
Rehab
$182,909
$267/sqft
ARV
$293,730

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 $ $290,208 · Ask $359,000

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 sqft685 sqft
ARV$293,730
List− $359,000
Rehab− $182,909
Gross profit$-248,179

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 07306

Street locked · 07306 · CONDOS $265,000 · 685 sqft
Street locked · 07306 · CONDOS $455,000 · 665 sqft
Street locked · 07306 · CONDOS $290,000 · 641 sqft

Net pro forma

Includes closing costs & 3.49-month carry

Buy closing (2%)$7,180
Holding carry$17,337
All-in capital$566,426
Sell costs (6%)− $17,624
Net proceeds$276,106
Net profit $1,717
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

The property features dated carpeting and a polarizing brick accent wall that will require cosmetic updates to appeal to modern buyers. While the room appears structurally sound, the visible wear suggests underlying systems like electrical or plumbing may need attention typical of homes from this era.

Rehab: $182,909

Renovation budget

Total: $182,909
Cosmetic rehab band (685 sqft × $45/sqft) $30,825
Contingency (15%) $4,624

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

07306 (07306) signals softer conditions: margins ~1.6%, DOM ~45 days, avg price drops ~0.0. Tighten ARV and rehab assumptions.

Apex breakdown

Threshold 85+ = Apex Hot

profit margin
40/100
35% weight
hidden repair risk
83/100
25% weight
neighborhood trajectory
20/100
25% weight
condition
60/100
15% weight
Beds
1
Baths
1.0
Sqft
685
Zip
07306

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