Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07307 | $335,000 Flip Analysis — FlipScout
Ask
$335,000
$479/sqft
Bid $
$231,487
Max bid / MAO
Room
~$103,513 over max bid · 31% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$81,938
$117/sqft
ARV
$332,825

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 $ $231,487 · Ask $335,000

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.

Flip math

Value-add ARV

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

Implied ARV $/sqft
Subject sqft700 sqft
ARV$332,825
List− $335,000
Rehab− $81,938
Gross profit$-84,113

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 07307

Street locked · 07307 · CONDOS $315,000 · 700 sqft
Street locked · 07307 · CONDO $365,000 · 644 sqft
Street locked · 07307 · CONDOS $330,000 · 620 sqft

Net pro forma

Includes closing costs & 5.53-month carry

Buy closing (2%)$6,700
Holding carry$21,135
All-in capital$444,773
Sell costs (6%)− $19,970
Net proceeds$312,856
Net profit $-59,496
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $81,938

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: $81,938
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (700 sqft × $3.00) $2,100
Flooring — Hardwood Refinish (700 sqft × $4.50) $3,150
Contingency (15%) $10,688

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

07307 (07307) signals softer conditions: margins ~0.9%, DOM ~45 days, avg price drops ~0.0. Tighten ARV and rehab assumptions.

Apex breakdown

Threshold 85+ = Apex Hot

profit margin
8/100
35% weight
hidden repair risk
100/100
25% weight
neighborhood trajectory
20/100
25% weight
condition
50/100
15% weight
Beds
2
Baths
1.0
Sqft
700
Zip
07307

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

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

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