Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07302 | $599,999 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$599,999
$852/sqft
Bid $
$427,639
Max bid / MAO
Room
~$172,360 over max bid · 29% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$81,972
$116/sqft
ARV
$578,467

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 $ $427,639 · Ask $599,999

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 sqft704 sqft
ARV$578,467
List− $599,999
Rehab− $81,972
Gross profit$-103,504

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 07302

Street locked · 07302 · CONDOS $700,000 · 744 sqft
Street locked · 07302 · CONDOS $754,600 · 753 sqft
Street locked · 07302 · CONDO $635,000 · 652 sqft

Net pro forma

Includes closing costs & 3.08-month carry

Buy closing (2%)$12,000
Holding carry$19,254
All-in capital$713,225
Sell costs (6%)− $34,708
Net proceeds$543,759
Net profit $-100,829
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $81,972

Baseline notes

Investor scope checklist

  • ▸Kitchen cabinets/counters are primary value-add
  • ▸Flooring and paint drive resale perception
  • ▸Exterior curb appeal strongly impacts ARV
  • ▸Mechanicals assumed functional; verify on inspection

Renovation budget

Total: $81,972
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (704 sqft × $3.00) $2,112
Flooring — Hardwood Refinish (704 sqft × $4.50) $3,168
Contingency (15%) $10,692

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

Jersey City (07302) signals softer conditions: margins ~0.3%, DOM ~45 days, avg price drops ~0.0. Tighten ARV and rehab assumptions.

Apex breakdown

Threshold 85+ = Apex Hot

profit margin
0/100
35% weight
hidden repair risk
100/100
25% weight
neighborhood trajectory
20/100
25% weight
condition
50/100
15% weight
Beds
1
Baths
1.0
Sqft
704
Zip
07302

Assigns Condition Tier 1–4 from listing photos (gut / heavy / cosmetic / turnkey). Rehab $ comes from historical tier bands — not photo guessing. Usually ~30–90s.

Similar flips

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

WALK Street locked · 07302

Street locked · 07302

Jersey City, NJ 07302

Ask$439,000
Bid $$367,464
RoomARV check required
WALK Street locked · 07302

Street locked · 07302

Jersey City, NJ 07302

Ask$535,000
Bid $$443,980
RoomARV check required
WALK Street locked · 07302

Street locked · 07302

Jersey City, NJ 07302

Ask$630,000
Bid $$511,425
Room~$118,575 over max bid · 19% of ask
WALK Street locked · 07302

Street locked · 07302

Jersey City, NJ 07302

Ask$399,000
Bid $$318,324
Room~$80,676 over max bid · 20% of ask
WALK Street locked · 07302

Street locked · 07302

Jersey City, NJ 07302

Ask$419,000
Bid $$333,783
Room~$85,217 over max bid · 20% of ask
← Bid/Pass Tape