Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07306 | $515,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$515,000
$606/sqft
Bid $
$410,504
Max bid / MAO
Room
~$104,496 over max bid · 20% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$226,968
$267/sqft
ARV
$364,482

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 $ $410,504 · Ask $515,000

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.

Go Pro $15/mo MAO calculator
Flip math

Value-add ARV

ARV = adjusted list + (rehab × 1.5) · zip avm

Implied ARV $/sqft
Subject sqft850 sqft
ARV$364,482
List− $515,000
Rehab− $226,968
Gross profit$-377,486

Contextual market baseline

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

Street locked · 07306 · CONDOS $410,000 · 830 sqft
Street locked · 07306 · CONDOS $299,000 · 751 sqft
Street locked · 07306 · CONDOS $419,000 · 974 sqft

Net pro forma

Includes closing costs & 3.84-month carry

Buy closing (2%)$10,300
Holding carry$26,117
All-in capital$778,386
Sell costs (6%)− $21,869
Net proceeds$342,613
Net profit $-10,006
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

The property features a dated kitchen with dark cabinetry that will require a full replacement to appeal to modern buyers seeking a bright aesthetic. While the open layout and high ceilings are strong selling points, the mechanical systems likely need updating given the industrial-style exposed beams.

Rehab: $226,968

Renovation budget

Total: $226,968
Cosmetic rehab band (850 sqft × $45/sqft) $38,250
Contingency (15%) $5,738

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
34/100
35% weight
hidden repair risk
56/100
25% weight
neighborhood trajectory
20/100
25% weight
condition
60/100
15% weight
Beds
1
Baths
1.0
Sqft
850
Zip
07306

Similar flips

Same zip or nearby price band — Bid/Pass Tape rows

WALK Street locked · 07306

Street locked · 07306

Jersey City, NJ 07306

Ask$295,000
Bid $$246,404
RoomARV check required
WALK Street locked · 07306

Street locked · 07306

Jc Journal Square, NJ 07306

Ask$275,000
Bid $$227,792
RoomARV check required
WALK Street locked · 07306

Street locked · 07306

Jersey City, NJ 07306

Ask$399,999
Bid $$329,823
RoomARV check required
WALK Street locked · 07306

Street locked · 07306

Jersey City, NJ 07306

Ask$300,000
Bid $$247,225
RoomARV check required
WALK Street locked · 07306

Street locked · 07306

Jersey City, NJ 07306

Ask$430,000
Bid $$349,553
RoomARV check required
← Bid/Pass Tape