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First Real Estate Investment Trust of New Jersey Inc

Company price
18.92 USD 0.00(0%)
Last update at 2026-11-11T21:00:00Z
VOLUME
991
Market Cap
160.42M
P/E
7.03

Momentum Score

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First Real Estate Investment Trust of New Jersey, Inc. is a publicly traded (over-the-counter " symbol FREVS) REIT organized in 1961. Its portfolio of residential and commercial properties are located in New Jersey and New York, with the largest concentration in northern New Jersey. First Real Estate Investment Trust of New Jersey, Inc. was established on November 01, 1961 and incorporated in Maryland, USA.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
18.70
Low
18.92
High
52 Week Price Range
10.73
Low
22.79
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

First Real Estate Investment Trust of New Jersey, Inc. appears to be a real estate investment trust focused on property investments in New Jersey, but publicly available information about its portfolio and operations is limited. Its long-term performance may depend on local property market fundamentals, rental income and asset management decisions and could benefit from steady demand in its markets, though investors should monitor occupancy, lease terms and capital access.
Material risks include limited public disclosure and Pink Sheet listing that create transparency and liquidity concerns, along with exposure to local real estate cycles and interest-rate sensitive financing.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
18.92
Dividend Yield
0.47%
Revenue TTM
30.22M
Revenue Per Share
4.04
Gross Profit TTM
11.85M
Debt / Equity
3.55
ROE
61.29%
Net Debt
102.86M
ROCE
6.18%
Diluted EPS TTM
3.05

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-10-31 2024-10-31 2023-10-31 2022-10-31 2021-10-31
Type yearly yearly yearly yearly yearly
Date 2025-10-31 2024-10-31 2023-10-31 2022-10-31 2021-10-31
Income before tax 3.15M 16.93M 0.76M 69.24M 1.05M
Minority interest 0.36M -1.08M 1.33M 23.25M 0.12M
Net income 3.51M 15.85M 0.76M 45.99M -9.95M
Selling general administrative 1.43M 1.35M 1.34M 1.45M 2.18M
Gross profit 9.14M 22.69M 23.46M 25.07M 42.23M
Reconciled depreciation 3.51M 3.63M 3.56M 5.10M 10.95M
Ebit 9.21M 8.42M 12.69M 5.79M 13.50M
Ebitda 12.18M 11.40M 12.69M 10.89M 23.05M
Depreciation and amortization 2.96M 2.98M 3.56M 5.10M 9.55M
Non operating income net other - - - 68.90M -0.18M
Operating income 9.21M 7.53M 12.69M 5.79M 13.50M
Other operating expenses 20.11M 21.14M 15.65M 24.28M 36.79M
Interest expense 6.82M 6.78M 7.72M 7.09M 11.17M
Net interest income -7.28M -7.31M -7.72M -8.06M -12.28M
Income tax expense - -1.08M 5.60M 30.12M 10.99M
Total revenue 29.32M 28.68M 28.34M 31.27M 50.29M
Total operating expenses 14.17M 15.15M 10.76M 18.08M 28.73M
Cost of revenue 20.18M 5.99M 4.89M 6.20M 8.06M
Total other income expense net -6.06M 9.40M -11.93M 63.45M -12.46M
Net income from continuing ops 3.15M 16.93M -0.57M 67.83M 1.05M
Net income applicable to common shares - - - 45.99M 0.93M
Breakdown 2025-10-31 2024-10-31 2023-10-31 2022-10-31 2021-10-31
Type yearly yearly yearly yearly yearly
Date 2025-10-31 2024-10-31 2023-10-31 2022-10-31 2021-10-31
Total assets 149.87M 162.26M 159.12M 178.65M 346.11M
Other current assets 0.83M 0.91M 5.79M 3.18M 5.49M
Total liab 124.17M 136.08M 140.64M 153.91M 314.15M
Total stockholder equity 34.04M 33.36M 24.52M 25.91M 36.57M
Deferred long term liab - - - 0.36M 1.14M
Other current liab -61.28M 5.22M 0.17M 12.89M 6.41M
Common stock 0.07M 0.07M 0.07M 0.07M 0.07M
Capital stock 0.07M 0.07M 0.07M 0.07M 0.07M
Retained earnings 1.36M 0.54M -8.97M -6.21M 12.96M
Other liab - - - 3.96M 5.66M
Other assets 113.10M 0.91M 121.06M 109.48M 3.38M
Cash 17.93M 14.91M 13.22M 49.58M 35.89M
Total current liabilities 0.84M 6.80M 1.65M 14.55M 9.93M
Current deferred revenue 0.84M 0.72M 0.67M 0.36M 1.14M
Net debt 102.86M 113.16M 123.84M 88.49M 263.99M
Short term debt 60.62M - 17.95M 1.28M 2.04M
Short long term debt total 120.78M 128.07M 137.06M 138.07M 299.88M
Other stockholder equity 32.39M 32.25M 32.07M 30.64M 25.56M
Property plant equipment - - - 96.56M 271.30M
Total current assets 37.61M 46.16M 21.60M 61.63M 53.38M
Long term investments 16.92M 17.51M 18.14M 18.80M 24.68M
Net tangible assets - - - 25.91M 36.57M
Short term investments 18.17M 29.26M 23.59M 18.80M 19.38M
Net receivables 0.67M 1.07M 1.25M 1.59M 10.66M
Long term debt 120.78M 128.07M 137.06M 138.07M 302.18M
Inventory - - 1.84M 7.29M 1.34M
Accounts payable 0.67M 0.86M 0.81M 1.31M 2.38M
Noncontrolling interest in consolidated entity - - - -1.17M -4.62M
Accumulated other comprehensive income 0.21M 0.49M 1.34M 1.41M -2.02M
Common stock total equity - - - 0.07M 0.07M
Retained earnings total equity - - - -6.21M 12.96M
Non currrent assets other 95.35M 97.65M 1.27M 97.53M 272.67M
Non current assets total 112.27M 116.11M 137.52M 117.01M 292.72M
Long term debt total - - - 138.07M 302.18M
Breakdown 2025-10-31 2024-10-31 2023-10-31 2022-10-31 2021-10-31
Type yearly yearly yearly yearly yearly
Date 2025-10-31 2024-10-31 2023-10-31 2022-10-31 2021-10-31
Investments 11.90M -6.11M -25.31M 5.67M 0.42M
Change to liabilities - - - -1.95M 0.09M
Total cashflows from investing activities 11.54M -6.11M -25.31M 249.69M -1.79M
Net borrowings -7.35M -9.31M -1.04M -165.96M -8.52M
Total cash from financing activities -15.49M -13.19M -17.51M -237.55M -10.90M
Change to operating activities - - - -0.80M -0.88M
Net income 3.15M 16.93M -0.57M 69.24M 1.05M
Change in cash 2.31M 0.87M -40.14M 19.45M -0.47M
Begin period cash flow 19.22M 18.36M 58.50M 39.05M 39.52M
End period cash flow 21.53M 19.22M 18.36M 58.50M 39.05M
Total cash from operating activities 6.25M 20.16M 2.68M 7.32M 12.22M
Depreciation 2.96M 2.98M 3.56M 5.10M 10.95M
Other cashflows from investing activities 59.73M 39.55M -0.78M 245.59M -0.28M
Dividends paid 7.17M 1.49M 13.72M -53.53M -1.03M
Change to inventory - - - -0.80M -0.88M
Change to account receivables 0.06M -0.05M 0.15M 2.57M -0.36M
Sale purchase of stock - - -1.26M -18.06M -1.35M
Other cashflows from financing activities -0.97M -2.43M -2.75M 14.05M -2.05M
Change to netincome - - - -66.87M 1.14M
Capital expenditures 0.76M 1.24M 1.29M 1.57M 1.94M
Change receivables - - - 2.57M -0.36M
Cash flows other operating - - - -0.78M -0.66M
Cash and cash equivalents changes - - - 19.45M -0.47M
Change in working capital -0.09M -0.50M -1.51M -0.17M -1.15M
Stock based compensation 0.02M 0.14M 0.15M 1.19M 0.04M
Other non cash items 0.21M 0.61M 1.06M 0.14M 0.67M
Free cash flow 5.94M 18.92M 1.39M 5.75M 10.28M

Peer Comparison*

Sector: Real Estate Industry: REIT - Residential

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
FREVS
First Real Estate Investment Trust of New Jersey Inc
-
-%
18.92 7.03 - 5.31 3.00 7.19 6.65
NCRRP
NCR Corporation 5.5% PFD CNV A
-
-%
1002.00 857.14 - - - - -
INVH
Invitation Homes Inc
-0.20
0.76%
26.68 42.22 44.44 8.97 2.05 12.04 19.45
ESS
Essex Property Trust Inc
-0.59
0.22%
273.41 24.87 46.08 9.04 3.01 12.37 14.88
MAA
Mid-America Apartment Communities Inc
-1.18
1.00%
117.01 36.72 33.90 6.67 2.67 9.11 16.05

Profile*

First Real Estate Investment Trust of New Jersey Inc

First Real Estate Investment Trust of New Jersey, Inc. is a publicly traded (over-the-counter " symbol FREVS) REIT organized in 1961. Its portfolio of residential and commercial properties are located in New Jersey and New York, with the largest concentration in northern New Jersey. First Real Estate Investment Trust of New Jersey, Inc. was established on November 01, 1961 and incorporated in Maryland, USA.

505 Main Street, Hackensack, NJ, United States, 07601

201 488 6400

19

Name Title Year Born
Mr. Robert S. Hekemian Jr. CEO, Pres & Trustee 1960
Mr. Allan Tubin CFO & Treasurer 1939
Mr. John A. Aiello J.D. Sec. & Trustee 1950
Ms. Chantelle McAleer Investor Relations Contact NA
Mr. Robert S. Hekemian Jr. CEO, President & Trustee 1960
Mr. John A. Aiello Esq., J.D. Secretary & Trustee 1950
Irene D'Andrea Investor Relations Contact NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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