Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07047 | $539,900 Flip Analysis — FlipScout
Ask
$539,900
$502/sqft
Bid $
$392,944
Max bid / MAO
Room
~$146,956 over max bid · 27% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$9,890
$9/sqft
ARV
$368,936

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 $ $392,944 · Ask $539,900

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.

Flip math

Value-add ARV

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

Implied ARV $/sqft
Subject sqft1075 sqft
ARV$368,936
List− $539,900
Rehab− $9,890
Gross profit$-180,854

Contextual market baseline

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

Street locked · 07047 · CONDOS $705,000 · 1298 sqft
Street locked · 07047 · SINGLE_FAMILY $550,000 · 1352 sqft
Street locked · 07047 · CONDO $305,000 · 756 sqft

Net pro forma

Includes closing costs & 4.83-month carry

Buy closing (2%)$10,798
Holding carry$24,342
All-in capital$584,930
Sell costs (6%)− $22,136
Net proceeds$346,800
Net profit $-90,764
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

Property is in good structural condition with modern stainless steel appliances and existing hardwood floors. The primary renovation need is cosmetic to update the dated late-90s aesthetic (honey oak cabinets and flooring). Refinishing the floors to a darker stain and applying fresh neutral interior paint will modernize the space without the high cost of a full kitchen gut.

Rehab: $9,890

Renovation budget

Total: $9,890
Turnkey band (1,075 sqft × $8/sqft) $8,600
Contingency (15%) $1,290

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.

Beds
2
Baths
2.0
Sqft
1075
Zip
07047

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

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