Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07306 | $275,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$275,000
$423/sqft
Bid $
$227,792
Max bid / MAO
Room
ARV check required
vs max bid
Verdict
WALK
ARV/ask > 1.75× — Need ARV check before CLEARS.
Rehab
$173,565
$267/sqft
ARV
$278,722

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 $ $227,792 · Ask $275,000

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 sqft650 sqft
ARV$278,722
List− $275,000
Rehab− $173,565
Gross profit$-169,843

Contextual market baseline

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

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

Net pro forma

Includes closing costs & 3.49-month carry

Buy closing (2%)$5,500
Holding carry$14,350
All-in capital$468,415
Sell costs (6%)− $16,723
Net proceeds$261,998
Net profit $13,091
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

The property features original hardwood floors that are heavily worn and oxidized, requiring significant refinishing to meet modern standards. While the structure appears sound, the dated lighting and finishes indicate a comprehensive cosmetic update is necessary to maximize resale value.

Rehab: $173,565

Renovation budget

Total: $173,565
Cosmetic rehab band (650 sqft × $45/sqft) $29,250
Contingency (15%) $4,388

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
53/100
35% weight
hidden repair risk
75/100
25% weight
neighborhood trajectory
20/100
25% weight
condition
60/100
15% weight
Beds
1
Baths
1.0
Sqft
650
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

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
WALK Street locked · 07306

Street locked · 07306

Jersey City, NJ 07306

Ask$675,000
Bid $$546,971
Room~$128,029 over max bid · 19% of ask
← Bid/Pass Tape