Valuation: First Real Estate Investment Trust of New Jersey

Market Cap 160M 139M 130M 119M 226M 15.25B 228M 1.53B 598M 7.62B 602M 589M 25.26B P/E 2024
8.23x
P/E 2025 28.6x
Enterprise Value 263M 228M 213M 196M 370M 25.02B 374M 2.51B 981M 12.5B 988M 966M 41.43B EV / Sales 2024
8.48x
EV / Sales 2025 6.93x
Free-Float
77.06%
Yield 2024
1.54%
Yield 2025 2.68%
07-16 First Real Estate Investment Trust of New Jersey, Inc. Declares Third Quarter Fiscal 2026 Dividend, Payable on September 14, 2026 CI
06-12 First Real Estate Investment Trust of New Jersey, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended April 30, 2026 CI
05-26 Regency Centers Corporation agreed to acquire Westwood Plaza shopping center in Westwood, New Jersey from First Real Estate Investment Trust of New Jersey, Inc. (OTCPK:FREV.S) for $28.8 million. CI
05-14 Freit board of directors approves plan of voluntary liquidation to maximize value for stockholders RE
04-10 First Real Estate Investment Trust of New Jersey, Inc. Declares second Quarter Dividend, Payable on June 12, 2026 CI
03-17 First Real Estate Investment Trust of New Jersey, Inc. Reports Earnings Results for the First Quarter Ended January 31, 2026 CI
01-29 First Real Estate Investment Trust of New Jersey, Inc. Reports Earnings Results for the Full Year Ended October 31, 2025 CI
01-15 First Real Estate Investment Trust of New Jersey, Inc. Declares A First Quarter Dividend, Payable on March 13, 2026 CI
25-10-07 First Real Estate Investment Trust of New Jersey, Inc. announces Quarterly dividend, payable on December 15, 2025 CI
25-09-12 First Real Estate Investment Trust of New Jersey, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended July 31, 2025 CI
25-07-17 First Real Estate Investment Trust of New Jersey, Inc. Declares Third Quarter Dividend , Payable on September 12, 2025 CI
25-06-10 First Real Estate Investment Trust of New Jersey, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended April 30, 2025 CI
25-04-03 First Real Estate Investment Trust of New Jersey, Inc. Declares Second Quarter Dividend, Payable on June 13, 2025 CI
Manager TitleAgeSince
Chief Executive Officer 66 2012-01-17
Director of Finance/CFO 87 2019-02-06
Corporate Secretary 76 2002-12-31
Director TitleAgeSince
Chairman 66 2012-01-17
Director/Board Member 78 2006-12-31
Chairman 77 2018-04-04
Change 5-day change 1-year change 3-year change Capi.($)
-3.96%-1.47% - - 160M
-0.81%-4.35%+9.44%+8.83% 16.48B
+0.31%+1.97%+25.28%+13.87% 7.18B
+0.38%+0.19%+1.16%+22.43% 7.03B
-1.44%-4.36%-0.45%+28.83% 6.64B
+0.40%+0.33%-11.68%-21.24% 6.45B
+1.22%-5.50% - - 6.35B
-0.20%-0.20%+2.92%+7.34% 6.24B
+0.18%+2.14%+27.04%+35.30% 6.18B
+0.55%+0.28%-19.47%-20.52% 5.02B
Average -0.32%-0.66%+4.28%+9.35% 7.51B
Weighted average by Cap. -0.07%-1.25%+5.79%+10.09%

Financials

2024 2025
Net sales 28.68M 24.9M 23.22M 21.33M 40.34M 2.73B 40.78M 274M 107M 1.36B 108M 105M 4.52B 29.32M 25.46M 23.73M 21.8M 41.24M 2.79B 41.69M 280M 109M 1.39B 110M 108M 4.62B
Net income 15.85M 13.76M 12.83M 11.79M 22.3M 1.51B 22.54M 151M 59.15M 754M 59.53M 58.22M 2.5B 3.51M 3.05M 2.84M 2.61M 4.94M 334M 4.99M 33.49M 13.09M 167M 13.18M 12.89M 553M
Net Debt 113M 97.82M 91.2M 83.78M 158M 10.72B 160M 1.08B 420M 5.36B 423M 414M 17.75B 103M 89.13M 83.1M 76.34M 144M 9.76B 146M 980M 383M 4.88B 385M 377M 16.17B
Logo First Real Estate Investment Trust of New Jersey
First Real Estate Investment Trust of New Jersey, Inc. is an equity real estate investment trust (REIT) that is self-administered and externally managed. The Company owns a portfolio of residential apartment and commercial properties. Its properties are primarily located in northern New Jersey and New York. The Company's segments include commercial properties and residential properties. The commercial properties segment contains five separate properties. Four of these properties are multi-tenanted retail centers and one is single tenanted. Its commercial properties include Glen Rock, Franklin Crossing, Westwood Plaza, Preakness Center, and Rockaway. The residential properties segment operates six multi-family apartment buildings or complexes totaling 792 apartment units, excluding the Pierre Towers property, which is a tenancy-in-common form of ownership (TIC). Its residential properties include Berdan Court, Regency Club, Steuben Arms, Westwood Hills, Boulders, and Station Place.
Employees
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