Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07047 | $525,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$525,000
$574/sqft
Bid $
$366,868
Max bid / MAO
Room
~$158,132 over max bid · 30% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$83,792
$92/sqft
ARV
$314,024

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 $ $366,868 · Ask $525,000

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 sqft915 sqft
ARV$314,024
List− $525,000
Rehab− $83,792
Gross profit$-294,768

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%)$10,500
Holding carry$29,745
All-in capital$649,037
Sell costs (6%)− $18,841
Net proceeds$295,183
Net profit $-95,188
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $83,792

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: $83,792
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (915 sqft × $3.00) $2,745
Flooring — Hardwood Refinish (915 sqft × $4.50) $4,118
Contingency (15%) $10,929

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
1/100
35% weight
hidden repair risk
100/100
25% weight
neighborhood trajectory
20/100
25% weight
condition
50/100
15% weight
Beds
1
Baths
2.0
Sqft
915
Zip
07047

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 · 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