New Jersey ARV Calculator

After Repair Value (ARV) is the projected market value of a property once renovations are complete. ARV drives nearly every investor decision — maximum allowable offer, hard money loan size, refinance proceeds, and projected profit.

An accurate ARV protects margin. An inflated ARV destroys it.

The standard approach: pull three to five sold comps within a half-mile radius (or tighter in dense urban markets), match condition and size, calculate price per square foot, then apply that to the subject property's gross living area after planned renovation.

In New Jersey, school district lines and ZIP boundaries can swing values by 20% or more across a single street, so comp selection matters enormously.

The simplest ARV formula: average $/sq ft of recent renovated comps × subject property finished square footage. From there, subtract estimated repair costs and your target spread to get your maximum allowable offer (MAO).

MAO = (ARV × 0.70) − Repair Costs is the classic 70% rule, though tight New Jersey markets often require 75–80% to win deals.

Sales from the past 90 days carry the most weight. Sales 90–180 days old are usable but should be adjusted for any market trend movement. Anything older than six months is unreliable in active New Jersey markets.

NewJerseyCompPro highlights sale recency so you can weight comps appropriately.

Spread is the gap between your all-in cost (purchase + rehab + holding + selling) and projected ARV. A healthy New Jersey flip targets a $40K–$80K minimum spread depending on market and project size.

Wholesalers typically target a $10K–$25K assignment fee on top of a deal that still leaves the end buyer a workable spread.

ARV ranges vary dramatically. A 1,500 sq ft renovated single-family in Jersey City 07302 might ARV at $850K. The same square footage in Camden 08105 might ARV at $165K. Underwrite to local data, not statewide averages.

Enter any New Jersey address to pull comps and an ARV range instantly. Pro plans unlock the full comp set, exportable reports, and county-level investor activity to support your number with cash buyers.