Valuation: First Real Estate Investment Trust of New Jersey

Market Cap 158M 138M 127M 118M 221M 15.14B 225M 1.52B 596M 7.41B 592M 579M 25.52B P/E 2024
8.23x
P/E 2025 28.6x
Enterprise Value 260M 227M 210M 194M 366M 25B 372M 2.51B 984M 12.24B 977M 956M 42.14B EV / Sales 2024
8.48x
EV / Sales 2025 6.93x
Free-Float
77.06%
Yield 2024
1.54%
Yield 2025 2.68%
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 $28.8 million. CI
05-14 Freit board of directors approves plan of voluntary liquidation to maximize value for stockholders RE
04-10 First Real Estate Investment Trust of New Jersey, Inc. Declares second Quarter Dividend, Payable on June 12, 2026 CI
03-17 First Real Estate Investment Trust of New Jersey, Inc. Reports Earnings Results for the First Quarter Ended January 31, 2026 CI
01-29 First Real Estate Investment Trust of New Jersey, Inc. Reports Earnings Results for the Full Year Ended October 31, 2025 CI
01-15 First Real Estate Investment Trust of New Jersey, Inc. Declares A First Quarter Dividend, Payable on March 13, 2026 CI
25-10-07 First Real Estate Investment Trust of New Jersey, Inc. announces Quarterly dividend, payable on December 15, 2025 CI
25-09-12 First Real Estate Investment Trust of New Jersey, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended July 31, 2025 CI
25-07-17 First Real Estate Investment Trust of New Jersey, Inc. Declares Third Quarter Dividend , Payable on September 12, 2025 CI
25-06-10 First Real Estate Investment Trust of New Jersey, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended April 30, 2025 CI
25-04-03 First Real Estate Investment Trust of New Jersey, Inc. Declares Second Quarter Dividend, Payable on June 13, 2025 CI
25-03-14 First Real Estate Investment Trust of New Jersey, Inc. Reports Earnings Results for the First Quarter Ended January 31, 2025 CI
Manager TitleAgeSince
Chief Executive Officer 66 2012-01-17
Director of Finance/CFO 87 2019-02-06
Corporate Secretary 76 2002-12-31
Director TitleAgeSince
Chairman 66 2012-01-17
Director/Board Member 78 2006-12-31
Chairman 77 2018-04-04
Change 5-day change 1-year change 3-year change Capi.($)
-3.96%-1.47% - - 158M
-0.81%+0.98%+13.33%+3.87% 16.02B
-0.57%-0.26%-2.07%+27.29% 6.75B
+0.67%+0.75%+15.75%+10.32% 6.67B
-1.03%-2.24%-4.96%+12.44% 6.48B
+1.48%-0.97% - - 6.27B
+0.28%+2.05%-19.06%-27.00% 6.12B
+0.27%+0.05%-2.98%+8.74% 5.93B
-0.14%-0.80%+19.56%+29.43% 5.79B
-1.47%-2.62%-23.52%-28.72% 4.69B
Average -0.53%+0.67%-0.49%+4.55% 7.19B
Weighted average by Cap. -0.23%+0.74%+2.42%+5.44%

Financials

2024 2025
Net sales 28.68M 25.06M 23.17M 21.4M 40.31M 2.75B 41.04M 276M 108M 1.35B 108M 105M 4.64B 29.32M 25.62M 23.68M 21.88M 41.21M 2.82B 41.95M 282M 111M 1.38B 110M 108M 4.75B
Net income 15.85M 13.85M 12.81M 11.83M 22.28M 1.52B 22.68M 153M 59.92M 746M 59.54M 58.23M 2.57B 3.51M 3.07M 2.83M 2.62M 4.93M 337M 5.02M 33.81M 13.26M 165M 13.18M 12.89M 568M
Net Debt 113M 98.45M 91.01M 84.08M 158M 10.82B 161M 1.09B 426M 5.3B 423M 414M 18.24B 103M 89.7M 82.93M 76.61M 144M 9.86B 147M 989M 388M 4.83B 386M 377M 16.62B
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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