Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07306 | $679,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$679,000
$485/sqft
Bid $
$499,725
Max bid / MAO
Room
~$179,275 over max bid · 26% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$87,975
$63/sqft
ARV
$600,324

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 $ $499,725 · Ask $679,000

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 sqft1400 sqft
ARV$600,324
List− $679,000
Rehab− $87,975
Gross profit$-166,652

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 07306

Street locked · 07306 · CONDO $400,000 · 1335 sqft
Street locked · 07306 · CONDOS $400,000 · 1335 sqft
Street locked · 07306 · CONDOS $825,000 · 1477 sqft

Net pro forma

Includes closing costs & 4.78-month carry

Buy closing (2%)$13,580
Holding carry$33,606
All-in capital$814,161
Sell costs (6%)− $36,019
Net proceeds$564,304
Net profit $-95,816
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $87,975

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: $87,975
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (1,400 sqft × $3.00) $4,200
Flooring — Hardwood Refinish (1,400 sqft × $4.50) $6,300
Contingency (15%) $11,475

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

07306 (07306) signals softer conditions: margins ~1.6%, DOM ~45 days, avg price drops ~0.0. Tighten ARV and rehab assumptions.

Apex breakdown

Threshold 85+ = Apex Hot

profit margin
2/100
35% weight
hidden repair risk
100/100
25% weight
neighborhood trajectory
20/100
25% weight
condition
50/100
15% weight
Beds
2
Baths
2.0
Sqft
1400
Zip
07306

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 · 07306

Street locked · 07306

Jersey City, NJ 07306

Ask$295,000
Bid $$246,404
RoomARV check required
WALK Street locked · 07306

Street locked · 07306

Jc Journal Square, NJ 07306

Ask$275,000
Bid $$227,792
RoomARV check required
WALK Street locked · 07306

Street locked · 07306

Jersey City, NJ 07306

Ask$399,999
Bid $$329,823
RoomARV check required
WALK Street locked · 07306

Street locked · 07306

Jersey City, NJ 07306

Ask$300,000
Bid $$247,225
RoomARV check required
WALK Street locked · 07306

Street locked · 07306

Jersey City, NJ 07306

Ask$430,000
Bid $$349,553
RoomARV check required
← Bid/Pass Tape