Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 08701 | $264,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$264,000
$212/sqft
Bid $
$202,983
Max bid / MAO
Room
~$61,017 over max bid · 23% of ask
vs max bid
Verdict
BID TARGET
Negotiate to $202,983
Rehab
$70,929
$57/sqft
ARV
$310,841

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 $ $202,983 · Ask $264,000

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 sqft1246 sqft
ARV$310,841
List− $264,000
Rehab− $70,929
Gross profit$-24,088

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 08701

Street locked · 08701 · TOWNHOMES $695,000 · 1368 sqft
Street locked · 08701 · CONDOS $193,000 · 1374 sqft
Street locked · 08701 · CONDOS $190,000 · 1053 sqft

Net pro forma

Includes closing costs & 4.46-month carry

Buy closing (2%)$5,280
Holding carry$13,693
All-in capital$353,902
Sell costs (6%)− $18,650
Net proceeds$292,191
Net profit $-21,117
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

This mid-century single-story home requires a comprehensive cosmetic update including interior and exterior paint to boost curb appeal. While the structure appears sound, the age of the property suggests significant hidden costs for updating aging electrical, plumbing, and HVAC systems.

Rehab: $70,929

Renovation budget

Total: $70,929
Cosmetic rehab band (1,246 sqft × $50/sqft) $61,677
Contingency (15%) $9,252

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

08701 (08701) signals softer conditions: margins ~2.9%, DOM ~45 days, avg price drops ~0.0. Tighten ARV and rehab assumptions.

Apex breakdown

Threshold 85+ = Apex Hot

profit margin
16/100
35% weight
hidden repair risk
56/100
25% weight
neighborhood trajectory
20/100
25% weight
condition
50/100
15% weight
Beds
2
Baths
2.0
Sqft
1246
Zip
08701

Similar flips

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

BID TARGET Street locked · 08701

Street locked · 08701

Lakewood, NJ 08701

Ask$140,000
Bid $$109,350
Room~$30,650 over max bid · 22% of ask
BID TARGET Street locked · 08701

Street locked · 08701

Lakewood, NJ 08701

Ask$149,000
Bid $$116,008
Room~$32,992 over max bid · 22% of ask
BID TARGET Street locked · 08701

Street locked · 08701

Lakewood, NJ 08701

Ask$329,900
Bid $$256,798
Room~$73,102 over max bid · 22% of ask
BID TARGET Street locked · 08701

Street locked · 08701

Lakewood, NJ 08701

Ask$270,000
Bid $$210,162
Room~$59,838 over max bid · 22% of ask
BID TARGET Street locked · 08701

Street locked · 08701

Lakewood, NJ 08701

Ask$159,500
Bid $$123,618
Room~$35,882 over max bid · 22% of ask
← Bid/Pass Tape