Inactive Instrument

First Real Estate Investment Trust of New Jersey Stock Other OTC

Equities

FREVS

US3361421049

Diversified REITs

Sales 2022 31.27M Sales 2023 28.34M Capitalization 118M
Net income 2022 46M Net income 2023 - EV / Sales 2022 6.53 x
Net Debt 2022 87.08M Net Debt 2023 123M EV / Sales 2023 8.47 x
P/E ratio 2022
2.62 x
P/E ratio 2023
158 x
Employees -
Yield 2022
10.1%
Yield 2023
1.27%
Free-Float 79.08%
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First Real Estate Investment Trust of New Jersey, Inc. Reports Earnings Results for the First Quarter Ended January 31, 2024 CI
First Real Estate Investment Trust of New Jersey, Inc. Reports Earnings Results for the Fourth Quarter Ended October 31, 2023 CI
First Real Estate Investment Trust of New Jersey, Inc. Reports Earnings Results for the Full Year Ended October 31, 2023 CI
First Real Estate Investment Trust of New Jersey, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended July 31, 2023 CI
Kushner Companies LLC made an offer to acquire First Real Estate Investment Trust of New Jersey, Inc. (OTCPK:FREV.S) for approximately $160 million. CI
First Real Estate Investment Trust of New Jersey, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended April 30, 2023 CI
First Real Estate Investment Trust of New Jersey, Inc. Reports Earnings Results for the Fourth Quarter Ended October 31, 2022 CI
First Real Estate Investment Trust of New Jersey, Inc. Reports Earnings Results for the Full Year Ended October 31, 2022 CI
First Real Estate Investment Trust of New Jersey, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended July 31, 2022 CI
First Real Estate Investment Trust of New Jersey, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended April 30, 2022 CI
First Real Estate Investment Trust of New Jersey, Inc. Reports Earnings Results for the First Quarter Ended January 31, 2022 CI
First Real Estate Investment Trust of New Jersey, Inc. Reports Earnings Results for the Fourth Quarter Ended October 31, 2021 CI
MCB Acquisition Company, LLC completed the acquisition of Damascus Center, The Rotunda and Westridge Square from WestFREIT Corp., First Real Estate Investment Trust of New Jersey, Inc. (OTCPK:FREV.S) and others. CI
MCB Acquisition Company, LLC entered into a Purchase and Sale Agreement to acquire Damascus Center, The Rotunda and Westridge Square from WestFREIT Corp., First Real Estate Investment Trust of New Jersey, Inc. (OTCPK:FREV.S) and others for approximately $270 million. CI
First Real Estate Investment Trust of New Jersey, Inc. Reports Earnings Results for the Third Quarter Ended July 31, 2021 CI
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Managers TitleAgeSince
Chief Executive Officer 64 06-12-31
Director of Finance/CFO 85 19-02-06
Director/Board Member 74 02-07-31
Members of the board TitleAgeSince
Director/Board Member 74 02-07-31
Director/Board Member 76 06-12-31
Chief Executive Officer 64 06-12-31
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First Real Estate Investment Trust of New Jersey, Inc. is an equity real estate investment trust (REIT). The Company is engaged in acquiring, developing, constructing and holding real estate properties for long-term investment and not for resale. The Company operates through two segments: commercial properties and residential properties. Its funds acquisition opportunities and the development of its real estate properties largely through debt financing, including mortgage loans collateralized by certain of its properties. Its properties are primarily located in northern New Jersey and New York. Its subsidiaries include Westwood Hills, LLC, Damascus Centre, LLC, Wayne PSC, LLC, Grande Rotunda, LLC, WestFREIT, Corp., Station Place on Monmouth, LLC., FREIT Regency, LLC and Berdan Court, LLC.
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