Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07047 | $264,999 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$264,999
$396/sqft
Bid $
$201,551
Max bid / MAO
Room
~$63,448 over max bid · 24% of ask
vs max bid
Verdict
BID TARGET
Negotiate to $201,551
Rehab
$57,788
$86/sqft
ARV
$238,034

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 $ $201,551 · Ask $264,999

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 sqft670 sqft
ARV$238,034
List− $264,999
Rehab− $57,788
Gross profit$-84,753

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 07047

Street locked · 07047 · CONDOS $230,000 · 673 sqft
Street locked · 07047 · CONDOS $275,000 · 660 sqft
Street locked · 07047 · CONDOS $240,000 · 630 sqft

Net pro forma

Includes closing costs & 4.94-month carry

Buy closing (2%)$5,300
Holding carry$14,617
All-in capital$342,704
Sell costs (6%)− $14,282
Net proceeds$223,752
Net profit $-25,917
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

Dated brick multifamily exterior with visible window AC units suggesting outdated HVAC. Metal railings, garage doors, and trim show wear and need painting. Landscaping is basic and requires cleanup. Interior likely requires full modernization (kitchen, bath, flooring, electrical) consistent with the building's age.

Rehab: $57,788

Renovation budget

Total: $57,788
Heavy rehab band (670 sqft × $75/sqft) $50,250
Contingency (15%) $7,538

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

07047 (07047) signals softer conditions: margins ~2.1%, DOM ~45 days, avg price drops ~0.0. Tighten ARV and rehab assumptions.

Apex breakdown

Threshold 85+ = Apex Hot

profit margin
11/100
35% weight
hidden repair risk
100/100
25% weight
neighborhood trajectory
20/100
25% weight
condition
40/100
15% weight
Beds
1
Baths
1.0
Sqft
670
Zip
07047

Similar flips

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

WALK Street locked · 07047

Street locked · 07047

North Bergen, NJ 07047

Ask$275,000
Bid $$177,348
Room~$97,652 over max bid · 36% of ask
WALK Street locked · 07047

Street locked · 07047

North Bergen, NJ 07047

Ask$274,000
Bid $$176,236
Room~$97,764 over max bid · 36% of ask
WALK Street locked · 07047

Street locked · 07047

North Bergen, NJ 07047

Ask$235,000
Bid $$139,895
Room~$95,105 over max bid · 40% of ask
WALK Street locked · 07047

Street locked · 07047

North Bergen, NJ 07047

Ask$275,000
Bid $$177,027
Room~$97,973 over max bid · 36% of ask
WALK Street locked · 07047

Street locked · 07047

North Bergen, NJ 07047

Ask$274,999
Bid $$177,279
Room~$97,720 over max bid · 36% of ask
← Bid/Pass Tape