Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07047 | $199,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$199,000
$249/sqft
Bid $
$151,057
Max bid / MAO
Room
~$47,943 over max bid · 24% of ask
vs max bid
Verdict
BID TARGET
Negotiate to $151,057
Rehab
$41,400
$52/sqft
ARV
$241,587

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 $ $151,057 · Ask $199,000

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 sqft800 sqft
ARV$241,587
List− $199,000
Rehab− $41,400
Gross profit$1,187

Contextual market baseline

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

Street locked · 07047 · CONDO $305,000 · 756 sqft
Street locked · 07047 · CONDOS $305,000 · 756 sqft
Street locked · 07047 · CONDOS $230,000 · 673 sqft

Net pro forma

Includes closing costs & 5.33-month carry

Buy closing (2%)$3,980
Holding carry$11,746
All-in capital$256,126
Sell costs (6%)− $14,495
Net proceeds$227,091
Net profit $-20,128
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

Solid brick structure with replacement windows suggests decent maintenance, but curb appeal is dated due to the green awning and overgrown landscaping. The white entrance portico needs painting. Interior is not visible but typically requires cosmetic updates for a flip.

Rehab: $41,400

Renovation budget

Total: $41,400
Cosmetic rehab band (800 sqft × $45/sqft) $36,000
Contingency (15%) $5,400

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
10/100
35% weight
hidden repair risk
100/100
25% weight
neighborhood trajectory
20/100
25% weight
condition
70/100
15% weight
Beds
1
Baths
1.0
Sqft
800
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