Valuation: First Real Estate Investment Trust of New Jersey

Market Cap 163M 146M 137M 124M 232M 15.49B 234M 1.64B 640M 8.04B 611M 598M 25.85B P/E 2024
8.23x
P/E 2025 28.6x
Enterprise Value 265M 239M 223M 202M 379M 25.26B 381M 2.67B 1.04B 13.11B 996M 975M 42.16B EV / Sales 2024
8.48x
EV / Sales 2025 6.93x
Free-Float
77.06%
Yield 2024
1.54%
Yield 2025 2.68%
09-30 First Real Estate Investment Trust of New Jersey, Inc. Announces Initial Liquidating Distribution, Payable on October 29, 2026 CI
09-11 First Real Estate Investment Trust of New Jersey, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended July 31, 2026 CI
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 entered into a Purchase and Sale Agreement to acquire Westwood Plaza shopping center in Westwood, New Jersey from First Real Estate Investment Trust of New Jersey, Inc. (OTCPK:FREV.S) for $28.8 million. CI
05-14 Freit board of directors approves plan of voluntary liquidation to maximize value for stockholders RE
04-10 First Real Estate Investment Trust of New Jersey, Inc. Declares second Quarter Dividend, Payable on June 12, 2026 CI
03-17 First Real Estate Investment Trust of New Jersey, Inc. Reports Earnings Results for the First Quarter Ended January 31, 2026 CI
01-29 First Real Estate Investment Trust of New Jersey, Inc. Reports Earnings Results for the Full Year Ended October 31, 2025 CI
01-15 First Real Estate Investment Trust of New Jersey, Inc. Declares A First Quarter Dividend, Payable on March 13, 2026 CI
25-10-07 First Real Estate Investment Trust of New Jersey, Inc. announces Quarterly dividend, payable on December 15, 2025 CI
25-09-12 First Real Estate Investment Trust of New Jersey, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended July 31, 2025 CI
25-07-17 First Real Estate Investment Trust of New Jersey, Inc. Declares Third Quarter Dividend , Payable on September 12, 2025 CI
Manager TitleAgeSince
Chief Executive Officer 66 2012-01-17
Director of Finance/CFO 87 2019-02-06
Corporate Secretary 76 2002-12-31
Director TitleAgeSince
Chairman 66 2012-01-17
Director/Board Member 78 2006-12-31
Chairman 77 2018-04-04
Change 5-day change 1-year change 3-year change Capi.($)
-3.96%-1.47% - - 163M
-0.27%+1.32%-6.09%+16.18% 14.52B
+2.67%+2.91%+5.56%+7.35% 6.76B
-0.88%+0.89%-16.01%+18.37% 6.09B
-0.12%+2.81%-13.84%+18.86% 5.55B
+1.43%+2.30%-3.94%+3.67% 5.44B
+2.15%+3.35%+13.47%+31.97% 5.42B
-0.63%+2.96%-24.64%-33.79% 5.23B
-1.62%+1.96%-20.52%-12.92% 5.1B
-0.40%+0.92%-0.38%+28.09% 4.2B
Average -0.15%+1.09%-7.38%+8.64% 6.48B
Weighted average by Cap. +0.23%+0.85%-7.01%+9.77%

Financials

2024 2025
Net sales 28.68M 25.78M 24.06M 21.81M 40.94M 2.73B 41.2M 289M 113M 1.42B 108M 105M 4.56B 29.32M 26.36M 24.6M 22.29M 41.86M 2.79B 42.12M 295M 115M 1.45B 110M 108M 4.66B
Net income 15.85M 14.25M 13.3M 12.05M 22.63M 1.51B 22.77M 160M 62.33M 783M 59.51M 58.23M 2.52B 3.51M 3.15M 2.94M 2.67M 5.01M 334M 5.04M 35.33M 13.8M 173M 13.17M 12.89M 557M
Net Debt 113M 101M 94.52M 85.67M 161M 10.72B 162M 1.13B 443M 5.56B 423M 414M 17.9B 103M 92.29M 86.13M 78.06M 147M 9.77B 147M 1.03B 404M 5.07B 385M 377M 16.31B
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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