Valuation: First Real Estate Investment Trust of New Jersey

Market Cap 159M 137M 128M 117M 220M 15.24B 224M 1.51B 590M 7.64B 599M 586M 25.27B P/E 2024
8.23x
P/E 2025 28.6x
Enterprise Value 262M 225M 210M 193M 362M 25.05B 368M 2.48B 970M 12.56B 984M 963M 41.54B 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
05-27 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 $28.8 million. CI
05-15 Freit board of directors approves plan of voluntary liquidation to maximize value for stockholders RE
04-10 First Real Estate Investment Trust of New Jersey, Inc. Declares second Quarter Dividend, Payable on June 12, 2026 CI
03-17 First Real Estate Investment Trust of New Jersey, Inc. Reports Earnings Results for the First Quarter Ended January 31, 2026 CI
01-30 First Real Estate Investment Trust of New Jersey, Inc. Reports Earnings Results for the Full Year Ended October 31, 2025 CI
01-16 First Real Estate Investment Trust of New Jersey, Inc. Declares A First Quarter Dividend, Payable on March 13, 2026 CI
08/10/25 First Real Estate Investment Trust of New Jersey, Inc. announces Quarterly dividend, payable on December 15, 2025 CI
12/09/25 First Real Estate Investment Trust of New Jersey, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended July 31, 2025 CI
18/07/25 First Real Estate Investment Trust of New Jersey, Inc. Declares Third Quarter Dividend , Payable on September 12, 2025 CI
10/06/25 First Real Estate Investment Trust of New Jersey, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended April 30, 2025 CI
03/04/25 First Real Estate Investment Trust of New Jersey, Inc. Declares Second Quarter Dividend, Payable on June 13, 2025 CI
Manager TitleAgeSince
Chief Executive Officer 66 18/01/2012
Director of Finance/CFO 87 07/02/2019
Corporate Secretary 76 01/01/2003
Director TitleAgeSince
Chairman 66 18/01/2012
Director/Board Member 78 01/01/2007
Chairman 77 05/04/2018
Change 5-day change 1-year change 3-year change Capi.($)
-3.96%-1.47% - - 160M
+1.28%+2.79%+11.27%+12.54% 16.18B
-0.80%-3.06%+19.81%+16.17% 6.88B
+0.49%+3.35% - - 7.05B
+0.64%-8.86%-12.89%+14.81% 6.52B
+0.97%+3.46%+2.81%+32.40% 6.66B
+0.49%-4.09%-17.23%-22.93% 6.11B
+0.58%-1.35%+1.28%+8.92% 6B
-0.52%-2.89%+24.56%+36.19% 5.9B
+1.35%+4.24%-20.47%-19.43% 4.87B
Average -0.11%-1.73%+1.14%+9.83% 7.35B
Weighted average by Cap. +0.46%-1.16%+3.40%+11.14%

Financials

2024 2025
Net sales 28.68M 24.6M 22.97M 21.08M 39.63M 2.74B 40.28M 271M 106M 1.37B 108M 105M 4.55B 29.32M 25.15M 23.48M 21.54M 40.51M 2.8B 41.18M 277M 109M 1.41B 110M 108M 4.65B
Net income 15.85M 13.6M 12.7M 11.65M 21.91M 1.52B 22.27M 150M 58.67M 760M 59.52M 58.23M 2.51B 3.51M 3.01M 2.81M 2.58M 4.85M 335M 4.93M 33.17M 12.99M 168M 13.18M 12.89M 556M
Net Debt 113M 96.63M 90.23M 82.79M 156M 10.77B 158M 1.06B 417M 5.4B 423M 414M 17.86B 103M 88.05M 82.22M 75.43M 142M 9.81B 144M 970M 380M 4.92B 385M 377M 16.27B
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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